Australia

General Overview

Population:

22,800,000 (2012 est.)

GDP (purchasing power parity):

US $976.3 billion (2012 est.)

GDP per capita (PPP):

US $42,793 (2012 est.)

GDP (real growth rate):

2.5% (2012 est.)

Industries:

  • Petroleum
  • Natural gas
  • Textile
  • Apparel
  • Mining

Imports:

US $260.9 billion (2012 est.)

Import commodities:

  • Machinery and equipment manufacturing
  • Transport equipment
  • Oil and gas extraction
  • Chemicals

Exports:

US $256.8 billion (2012 est.)

Export commodities:

  • Metalliferous ores
  • Coal
  • Manufactured metals
  • Oil and gas extraction

Alberta's exports to Australia:

CDN $287.5 million (2012)

Alberta's main exports to Australia:

  • Machinery
  • Sulphur
  • Pork

Alberta-Australia Relations

A summary of Alberta's relationship with Australia.

Sector opportunities for Alberta businesses interested in exporting their products

  • Agrifood: Australia is a large agricultural producer.  Australia has significant beef and pork exports throughout Asia.  Alberta and Australia may have some common agricultural interests or barriers in the region. Increased production of canola in Australia has created opportunities in Alberta’s agricultural machinery exports and investment.
  • Education and training: Alberta has active teacher exchange programs with the Australian states of Queensland, New South Wales, Victoria, and the Australian Capital Territory. Grant MacEwan University signed a MOU with AustraLearn, an agency that provides study abroad opportunities for Alberta Students in Australia.
  • Energy: Australia’s total proven natural gas reserves are the 10th largest in the world at 3.8 trillion cubic meters. A number of Alberta companies are active or have an interest in exploration, production, drilling and related services in Australia’s energy sector.
  • Emerging Opportunities: Key sectors for Alberta businesses in Australia include energy extraction technology, services, environmental goods and services, agricultural goods and agricultural biotechnology, food processing and packaging equipment.