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Location: Oceania, continent between the Indian Ocean and the South Pacific Ocean
Area: total: 7,686,850 sq km
Population: 19,913,144 (July 2004 est.)
Languages: English, native languages
Economy - overview: Australia has a prosperous Western-style capitalist economy, with a per capita GDP on par with the four dominant West European economies. Rising output in the domestic economy has been offsetting the global slump, and business and consumer confidence remains robust. Australia's emphasis on reforms is another key factor behind the economy's strength. The impact of drought, weak foreign demand, and strong import demand pushed the trade deficit up to $14 billion in 2003 from $5 billion in 2002.
Industries: mining, industrial and transportation equipment, food processing, chemicals, steel
Exports - commodities: coal, gold, meat, wool, alumina, iron ore, wheat, machinery and transport equipment
Imports - commodities: machinery and transport equipment, computers and office machines, telecommunication equipment and parts; crude oil and petroleum products
Exchange rates:
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Copyright By : Kish Trade Promotion Center 2002 |
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