WHITE PAPER MADE IN AUSTRALIA EXPORTING GLOBALLY. Your guide to exporting overseas.
|
|
- Meredith Ellis
- 6 years ago
- Views:
Transcription
1 WHITE PAPER MADE IN AUSTRALIA EXPORTING GLOBALLY Your guide to exporting overseas. 1.
2 WHITE PAPER Contents 01. A national exporting outlook 02. Opportunities for Victorian exporters 03. Advantages to exporting 04. Exporting risks and challenges, and how to minimise them 05. Market entry opportunities 06. Preparing to export 07. Export documentation 08. Funding your exporting venture 09. Finding an expert to help 10. The VECCI International Business Development team 01.
3 A national exporting outlook Australia enjoys many productive trade relationships particularly with its top four partners: China, Japan, the USA and the Republic of Korea. In 2012, these relationships saw Australia reach a new two-way trade high of $623.8 billion. Australia s trade largely focused on the Asia-Pacific region, with more than 70 per cent taking place with member economies of the Asia-Pacific Economic Cooperation (APEC) group. Minerals and fuels, especially iron ore and coal, played a vital role in Australia s economic success, making up nearly half of the nation s exports. Australia ranks at number 22 in global exporting with a 1.4 per cent share. At the top of this list are China, the USA and Germany. 02.
4 WHITE PAPER TOTAL AUSTRALIAN EXPORTS 2012: Services $51.2 billion (17%) Minerals and fuels $145.6 billion (48.5%) Gold $16.3 billion (5.4%) Rural goods $34.8 billion (11.6%) Manufactured goods $40.4 billion (13.4%) Other goods $12.2 billion (4.1%) Following a record high in 2011, Australia s total goods and services exports fell four per cent to $300.4 billion in Export volumes grew 6.7 per cent while export prices fell 10.2 per cent. Australia s manufacturing exports decreased by 3.1 per cent to $40.4 billion, due in part to the strength of the Australian dollar. Services exports reached $51.2 billion in 2012, with travel services accounting for 60 per cent. 03.
5 VICTORIA S MAJOR EXPORT PARTNERS 1 1 China: 16.6 per cent 2 New Zealand: 9 per cent Japan: 7.8 per cent 4 United States: 6.9 per cent 5 Singapore: 4.7 per cent 6 Other Opportunities for Victorian exporters Exporting remains an important contributor to Victoria s economic growth, competitiveness and prosperity, despite the national decline. Our state continues to strengthen its international trade relationships, particularly with its major export partners: China (16.6 per cent), New Zealand (9 per cent), Japan (7.8 per cent), USA (6.9 per cent) and Singapore (4.7 per cent). Victoria contributed $33.6 billion to national exporting in 2012 or an 11 per cent share comprising $21.4 billion in goods and $12.3 billion in services. 04.
6 KEY AUSTRALIAN EXPORT MARKETS 2012 ($BILLION) 1 China: (26.2%) Goods $73 Services $5.7 Total $ Japan: (16.6%) Goods $47.8 Services $2 Total $49.8 WHITE PAPER 3 Republic of Korea: (7.2%) Goods $19.8 Services $1.8 Total $ United States: (4.9%) Goods $9.4 Services $5.3 Total $ India: (4.7%)Goods $12.2 Services $1.8 Total $14 6 New Zealand: (3.7%)Goods $7.4 Services $3.7 Total $ United Kingdom: (3.5%)Goods $6.7 Services $3.9 Total $ Singapore: (3.4%) Goods $7.1 Services $3.2 Total $ Taiwan: (2.9%) Goods $8 Services $0.6 Total $ Malaysia: (2.2%)Goods $5.1 Services $1.7 Total $6.7 Source: Department of Foreign Affairs and Trade Victoria s major goods exports are wool, cars, wheat, dairy products and aluminium. Our major services exports are education-related travel, personal travel and business travel. Austrade states that exports contribute to around 20 per cent of annual Gross Domestic Product (GDP). However, only four per cent of businesses are currently involved in export activities. 05.
7 Exporting to a global market provides businesses with the opportunity to increase sales and can lead to a variety of direct and indirect benefits. Wider customer base Increased sales and profitability Spreading risks Advantages to exporting 1. Wider customer base The majority of the world s potential customers live outside of Australia. By expanding business horizons to a global market, this customer base is exponentially increased. 2. Increased sales and profitability Businesses that export to overseas markets are generally more profitable than those who don t, mainly because exporting businesses are meeting a demand for goods and services that may not exist in the domestic market. Export businesses provide goods or services to a far more diverse customer base with different spending habits that therefore increase sales opportunities. 06.
8 WHITE PAPER Economies of scale Seasonal fluctuations Enhanced innovation 3. Spreading risks Businesses who limit their customer base to the local market often expose themselves to all the potential risks and events of that market. For example, a major change in consumer spending habits, a local recession, or a switch in fashion or style over one season could rapidly see sales and profitability plunge. An exporting business will be able to counter any of these risks as its sales are spread over different markets. 4. Economies of scale Increasing a customer base by expanding the market to overseas customers allows the associated benefit of economies of scale. This means average costs per product will decrease due to expanded operations. This is particularly pronounced where the product or service is universal and needs no major modifications for different markets. 5. Seasonal fluctuations Exporting to overseas markets can help a business particularly those selling consumer goods to even out seasonal demand from different markets. For example, a product line out of style in the Australian market may still be in demand in an overseas market, thereby extending its sales life and profitability. 6. Enhanced innovation The process of dealing with an overseas market through exporting will expose a business to a myriad of different business ideas, technologies and practices that can all be adopted and contribute to a significantly more efficient and productive business. 07.
9 Despite the numerous benefits of exporting, as with any business venture, there are risks and challenges for businesses that embark on exporting overseas. Legal risk Political risk Culture 08. Exporting risks and challenges, and how to minimise them These risks will vary depending on where you are exporting. An important part of the exporting process is identifying those risks and mitigating them with the help of an expert. 1. Legal risk Legal systems vary from country to country and it is vital not to assume that an importing country has the same or similar laws as Australia. These differences may apply across all facets of business and it is imperative to be aware and be able to comply with all legal requirements before beginning the export process. One of the main areas is contract law, where issues of contract terms and enforceability are of great importance to the exporter. Other significant differences in legal systems may apply to taxation, intellectual property, packaging and labelling requirements, occupational health and safety, and product liability and consumer warranties. 2. Political risk A range of political influences can have a major effect on the ability of a business to successfully land and/or distribute and sell their product overseas. It is vital to be as
10 WHITE PAPER Exchange rate risk Corruption and bribery risk Non-payment risk knowledgeable as possible as to any political instability or changes in government policy that may impact your business, staff or assets. Some to consider include trade embargoes, political upheaval, civil unrest, and restricted imports. 3. Culture The obvious and less obvious differences in culture can have a major influence on business dealings. Anyone seeking to do business with overseas markets should be familiar with local business culture and practices. 4. Exchange rate risk For an exporter, profit margins can be rapidly decreased or even lost completely by fluctuations in currency values. This is difficult to combat, particularly for smaller businesses, as hedging the currency risk requires paying fees that can negate the benefits of hedging. It is important to work with a financial expert to deal with this type of risk. 5. Corruption and bribery risk Corruption and bribery are illegal in most countries in the world. Australian law regarding corruption applies extra territorially, meaning that even if the offence occurs outside of Australia, it is still punishable under Australian law. For example, an Australian can be prosecuted in Australia for bribing an overseas official whilst overseas. 6. Non-payment risk This type of risk is not exclusive to exporters, but the consequences of non-payment by an overseas customer can be disastrous for a business. It is important to decide on a payment option that matches the acceptable level of risk. This can include secure methods such as prepayment or an irrevocable Letter of Credit. 09.
11 Victorian companies export more than $30 billion worth of goods and services annually to around 200 countries, including the world s largest and fastest-growing economies. Opportunities in key partner countries include: 10. Market entry opportunities China is the most popular destination for Victorian goods and services, with $3.6 billion worth exported from Victoria in Major exports to China are currently wool and animal hides, dairy products, live animals and food products. China also remains the largest source market for international education students in Victoria. A burgeoning middle class in China makes it an exciting opportunity for many Victorian goods and services export industries, including premium food and beverage products, ICT, tourism, biotechnology and sustainable urban building. While Free Trade Agreement discussions continue with China, the Australian and Chinese governments agreed upon the commencement of direct trading between each country s respective currencies in April This development will enable greater investment between the two countries and make it simpler for Australian businesses to buy and sell in the Chinese market.
12 WHITE PAPER Japan is Victoria s second largest exporting market, with $1.7 billion of exports in Japan is a particularly valuable market for Victorian food and beverage exporters, worth around $800 million in Major products exported to Japan from Victoria include dairy products, aluminium, wood chips, beef and scientific and medical equipment. Tourism and international education are valuable services exports from Victoria. Higher-level services such as IT, nanotechnology, aerospace and sustainable environmental technology all offer significant prospects for services exports to Japan. Progress continues on Free Trade Agreement negotiations between Australia and Japan that will further facilitate and strengthen trade in goods and services and open up new opportunities for Australian exporters to Japan. India is one of Australia s fastest growing export markets, increasing at a rate of around 11 per cent annually since Goods exports from Victoria to India were worth $326 million in 2012, with the major products being exported including wool, fruit and nuts, dairy products and wheat. India is a major source of international education students and tourists for Victoria. A number of Indian Government priorities are signalling significant export opportunities for Victorian businesses, including a focus on sustainable food, energy and water resources. Increasing demand for education, tourism, ICT and food and beverages will continue to drive export demand. However, exporters should be aware that India still applies one of the highest rates of import duties in the world at an average of 40 per cent. There is significant potential to expand trade in services between India and Australia 11.
13 Market entry opportunities continued and negotiations to conclude a Comprehensive Economic Cooperation Agreement between the countries have commenced, which will assist in broadening the base of merchandise trade by addressing tariff barriers and behind the border restrictions on trade in goods. 12. South East Asian (ASEAN) countries accounted for $3.7 billion worth of Victorian exports in 2012, with 80 per cent of these going to Singapore, Thailand, Malaysia and Indonesia. Major goods exports from Victoria to ASEAN countries included dairy products, wheat, aluminium and beef. The close proximity of ASEAN countries provides a significant trade advantage for Victorian business, as does the ASEAN-Australia-New Zealand Free Trade Agreement that covers 12 countries in the region and provides for the reduction and elimination of the majority of tariffs on most products. Export opportunities in the region include food and beverage
14 WHITE PAPER products, international education and tourism and infrastructure and associated services. South Korea is a rapidly growing economy that has significantly opened up its economy to foreign trade in recent years. Victoria exported $940 million worth of goods and services to South Korea in in 2012, with the major exports being aluminium, automotive parts and dairy products. Demand exists for exports in food and beverage products (notably dairy and meat), tourism and energy technology. A Free Trade Agreement between Australia and South Korea, currently in its final stages of negotiation, would deepen this trade relationship. The USA remains a key export market for Australia. Victorian goods exports to the USA accounted for $1.5 billion in 2012, including meat, pharmaceutical products, aircraft parts and measuring and analysing instruments. This US market is one of the most competitive, therefore Victorian exporters must be well prepared before entering into it. Opportunities for growth in exports include ICT, medical devices, sustainable technology, defence and aerospace, and food and beverage products. 13.
15 Preparing to export Determining if a business is ready to export requires a detailed analysis of all aspects of operations and a clear understanding of what is entailed in the exporting process. Put simply, a business must know that it has a product or service that is in demand in an overseas market, have an export plan, and possess all the necessary resources to sustain the exporting process. Strong domestic operations are vital as resources will be diverted towards the export dealings. It is essential that businesses seek the support of an analyst to assess the validity of exporting. The VECCI ExportCheck Diagnostic tool provides a business a valuable insight into business operations and any changes that may be needed to ensure a business is ready to export into target markets. It also assesses a businesses ability to succeed in markets where Australia has Free Trade Agreements in place or currently in negotiation. The Export Check Report focuses on five key areas of operations: strategy, planning and market knowledge products and services sales and marketing compliance finance. 14.
16 Export documentation WHITE PAPER Obtaining the correct export documentation is vital to ensure your overseas customers get the product for which they are paying. Some of the common forms of export documentation are: Letters of Credit are issued by the importer s bank and provide authorisation of a payment upon delivery Bills of Lading are a title to the goods being transported and define the contract between the exporter and carrier The ATA Carnet is an international customs document that permits duty-free temporary import of goods for up to one year. VECCI is the only approved body in Victoria to issue ATA Carnets as well as Certificates of Origin, both of which many countries require to be endorsed by a chamber of commerce, as well as other commercial invoices and documents. Certificates of Origin identify the origin of the goods being transported and are certified by a government authority or other body that the goods originate in a specific country Bills of Exchange are a demand for payment prepared by the exporter for the importer 15.
17 Funding your exporting venture While exporting can be a lucrative part of a business, entry into overseas markets is expensive. Costs will depend on the specific country a business is entering into and the nature of products or services. Working capital needs to be sufficient to fill contracts due to the extending time frame between production and customer payment. Funding needs to be made available for market entry costs such as marketing, providing samples to potential customers, overseas visits and engagement of expert consultants to assist with export management, legal and other business advice. Fortunately, there is a range of federal and Victorian grant programs that can assist with establishing an export business. 16. Export Market Development Grants, administered by Austrade, help aspiring and current exporters develop overseas markets by providing grants for specific export promotion activities across a wide range of industry sectors. Enterprise Connect, an Australian Government program, provides a network of government, industry, education and research partners offering comprehensive advice and support to businesses. VECCI is a partner organisation of Enterprise Connect with two business advisers focused on supporting and implementing the program to Victorian small to medium-sized enterprises. The Export Finance Insurance Corporation is the Australian Government s export credit agency and can provide finance and insurance to help Australian exporters overcome financial barriers as they grow their businesses overseas.
18 PROFIT PLANNING WHITE PAPER GROWTH CUSTOMERS ASSESS FOR FUNDING STRATEGY DIRECTION Grow Your Business is a Victorian Government program offering export planning and management services to help small businesses become internationally competitive through strategic business review and planning, mentoring and group and network programs. VECCI Global professionals regularly work with businesses to assess whether the business is an eligible applicant for government funding, and can assist businesses to make claims processes and applications easier. The Access Program assists Victorian businesses planning to establish new export markets in key countries and regions by providing the use the facilities in Victorian Government Business Offices. Ongoing Trade Fairs and Missions, arranged by both the Australian and Victorian governments, provide Victorian businesses with export opportunities and market intelligence by enabling them to access strategic overseas markets and to showcase the capability of Victorian industry internationally. 17.
19 Finding an expert to help Exporting can present significant opportunities for business growth. However, challenges for businesses looking to start exporting are common and include identifying the right market, finding the right business partner, devising an effective market entry strategy and securing appropriate resources for development. With a proven history in supporting Victorian businesses to venture into exporting, VECCI Global s experienced team can assist with export strategy planning, and use their essential knowledge and industry contacts to provide businesses with a successful export experience. From market analysis, legal requirements, entry strategies, visitation and cultural training, VECCI Global works with businesses from assessment through to export strategy planning, implementation and assessment, every step of the way. VECCI Global services also include: VECCI ExportCheck Diagnostic tool to help ensure you are ready to export to your target markets export documentation what paperwork you need and how to complete it Enterprise Connect an assistance program designed specifically for SMEs funding support eligibility and applications. 18.
20 The VECCI International Business Development team WHITE PAPER Eddie Zhao Eddie brings more than 20 years of international trade expertise to VECCI Global, specialising in import, export and investments. With a Masters of Business Administration (MBA) in Australia and Bachelor of Commerce in China, Eddie is well versed in trade arrangements and has an excellent perspective on business culture in both Australia and China. ezhao@vecci.org.au Telephone: Shirley Ng Shirley Ng is a licensed Business Broker and an International Business Development Manager with VECCI Global. Shirley has extensive experience in the business environment, working in a variety of roles assisting Australian businesses to expand into international markets. Working in a diverse range of business types and industries at both strategic and operational levels, Shirley has developed, managed and administered a range of strategic export marketing programs aimed at assisting businesses to achieve business and export sustainability. sng@vecci.org.au Telephone:
21 Contact VECCI Global If you re ready to take the next step, our teams in Victoria and China can walk your business through the export process. Eddie Zhao VECCI International Business Development Manager Phone
22
The World is Open for Your Business.
The World is Open for Your Business. Let U.S. Commercial Service Field Offices around the country connect you to a world of opportunity around the world. Diane Mooney, Director, Commercial Service, Seattle
More informationThe World is Open for Your Business
The World is Open for Your Business Doing Business in Asia Let U.S. Commercial Service Field Offices around the country connect you to a world of opportunity around the world. Let Us Help You Export. The
More informationThe Importance of International Trade to Washington State
The Importance of International Trade to Washington State A Presentation to the About WCIT The Washington Council on International Trade is dedicated to growing our state's economy through public policies
More informationTEACHER & LEARNING ACTIVITIES CONSUMERS & PRODUCERS
SECTION TEACHER & LEARNING ACTIVITIES Students become aware of themselves as global consumers and explore their global connections with international producers and manufacturers through the supply chains
More informationHarnessing opportunities in South and South-East Asia looking beyond China for the next wave of Asia s growth
Harnessing opportunities in South and South-East Asia looking beyond China for the next wave of Asia s growth Andrew Geczy CEO, International and Institutional Banking, ANZ Good afternoon everyone. It
More informationOpportunities and Challenges for South Australians in a post-gfc International Economy
Opportunities and Challenges for South Australians in a post-gfc International Economy Andrew L. Stoler Executive Director Institute for International Trade Top 100 SA Lunch Adelaide, 30 September 2010
More informationOverview of the manufacturing sector
Overview of the manufacturing sector Jane Turner, Economics Department This article examines recent trends in New Zealand s manufacturing sector. It finds that sales to the domestic market have been reasonably
More informationChamber certification of export documents
Certification of documents in South Australia for all industry sectors is carried out under the name of the South Australian Employers Chamber of Commerce & Industry Inc (trading as Business SA). Exporters
More informationWaiheke Local Board Economic Overview 2016
Headlines One Two Three The Waiheke Local Board s GDP and employment is largely dependent on tourism related industries such as rental, hiring and real estate services, retail trade and accommodation and
More informationExporting 101* The Legal Implications of Going Global.
Exporting 101* The Legal Implications of Going Global. by Florian Hauswiesner, Esq. FCEDA Exporting Workshop February 26, 2008 HAUSWIESNER KING LLP Introduction: The Economic Landscape for Exports (2006)
More informationA world in transition: PwC s 2017 APEC CEO Survey, November APEC CEO Survey. Indonesia findings.
A world in transition: PwC s 2017 APEC CEO Survey, November 2017 2017 APEC CEO Survey Indonesia findings www.pwc.com/apec Key themes Making of the workforce of the future An operating model for a fluid
More informationLong-term food demand in Asia and implications for Australian agriculture
Long-term food demand in Asia and implications for Australian agriculture Dr Jammie Penm Agricultural Commodities and Trade Branch, Australian Bureau of Agricultural and Resource Economics and Sciences
More informationChapter 5 International trade
Chapter 5 International trade International trade consists of buying and selling of exports and imports between countries. Why do we trade? The reason countries do not produce all their own goods to satisfy
More informationBuild resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation OUTLOOK Projected investment needs in Asia and the Pacific are substantial. Hundreds of millions
More informationNorth Asia Free Trade Agreements: Opportunities for Agriculture Brett Hughes
North Asia Free Trade Agreements: Opportunities for Agriculture Brett Hughes Director, North Asia Trade & Market Access Division Department of Agriculture & Water Resources What do FTAs mean for Australian
More informationFreight Forwarders: (Agente Transitario) The International Bank IMPORTER-EXPORTER FREIGHT FORWARDER IT- 2: PARTIES INVOLVED IN INTERNATIONAL TRADE.
IT- 2: PARTIES INVOLVED IN INTERNATIONAL TRADE. SALES CONTRACTS. CUSTOMS PROCEDURES. DOCS. IMPORTER-EXPORTER FREIGHT FORWARDER PARTIES INVOLVED IN INTERNATIONAL TRADE CUSTOMS BROKER INTERNATIONAL BANKER
More informationTropical Hardwoods & Feature Grade Timbers. New Forests Sector Overview
Tropical Hardwoods & Feature Grade Timbers New Forests Sector Overview Disclaimer New Forests 2014. This publication is the property of New Forests. This material may not be reproduced or used in any form
More informationTHREATS AND OPPORTUNITIES IN AUSTRALIA AND ASIA. October 2015 Kim Leighton Director Strategic Projects NSW Food Authority
THREATS AND OPPORTUNITIES IN AUSTRALIA AND ASIA October 2015 Kim Leighton Director Strategic Projects NSW Food Authority GLOBAL TRADE Food safety is an essential requirement for trade High profile incidents
More informationMinistry of Trade and Industry Republic of Trinidad and Tobago SMALL STATES IN TRANSITION FROM VULNERABILITY TO COMPETITIVENESS FIJI ISLANDS
Ministry of Trade and Industry Republic of Trinidad and Tobago Commonwealth Secretariat SMALL STATES IN TRANSITION FROM VULNERABILITY TO COMPETITIVENESS FIJI ISLANDS MANAGING THE TRADE SUPPORT NETWORK
More informationGUIDE TO KEY ISSUES IN DEVELOPMENT OF LOGISTICS POLICY
GUIDE TO KEY ISSUES IN DEVELOPMENT OF LOGISTICS POLICY The views expressed in this publication are those of the authors and do not necessarily reflect the views of the United Nations Secretariat. The opinions,
More informationLITHUANIA CHINA BILATERAL TRADE
LITHUANIA CHINA BILATERAL TRADE Review 2018.09.11 1 SUMMARY The trade relationship between Lithuania and China is intense in imports of goods, but less so in exports of goods. The share of imports in turnover
More informationRecent trends in trade
level 2 Recent trends in trade Marc Bacchetta ERSD - WTO Trends in trade Dramatic increase in both the volumes and values of trade between 1980 and 2011, mostly manufactured goods. World trade grew much
More informationSOME ASPECTS OF AGRICULTURAL POLICY IN AUSTRALIA
SOME ASPECTS OF AGRICULTURAL POLICY IN AUSTRALIA R. A. Sherwin, Agricultural Attache Australian Embassy, Washington, D. C. Before discussing government programs relating to agriculture in Australia I propose
More informationAgri Insights. Queensland. Understanding Australian farmers intentions for the coming 12 months. October 2014
Agri Insights Queensland Understanding Australian farmers intentions for the coming 12 months. October 2014 Positive trend continues for Australian agribusiness. 1,500 Aussie farmers tell us what they
More informationDOWNSTREAM PETROLEUM 2017 DOWNSTREAM PETROLEUM
DOWNSTREAM PETROLEUM Maintaining supply security and reliability KEY MESSAGES Australia s longer-term fuel supply security and transport energy needs will be best met through market measures including:
More informationEXPORT CENTER. Helping Companies Achieve Global Export Success. Sharon Sappington, CGBP International Trade Advisor
EXPORT CENTER Helping Companies Achieve Global Export Success Sharon Sappington, CGBP International Trade Advisor Washington Small Business Fair September 30, 2017 FIND CUSTOMERS OUTSIDE THE U.S. (Start
More informationTariff removal could bring some benefits to competition intensity and productivity
Tariff removal could bring some benefits to competition intensity and productivity 20. New Zealand s weak productivity performance has limited the growth of incomes for New Zealanders since the mid-1980s.
More information1 An Introduction to the
1 An Introduction to the Export and Import of Goods and Services While Australia has traditionally been an exporter of agricultural and mineral commodities, the past two decades have witnessed a rapid
More information6/26/2014. Why Export? Incremental Business? Out to Conquer the World? Corporate Goals? Vision? IBC 101: International Essentials IBC 101 IBC 101
: International Essentials Why Export? Incremental Business? Out to Conquer the World? Corporate Goals? Vision? 1 Customer Review Who & where are your current customers? What channels are they in? How
More informationCHAPTER 10 INTERNATIONAL BUSINESS Introduction In this lesson we are going to have overall idea of International Business i.e., how to sell goods and services to other countries traders/users and how to
More informationGhana-EU Trading Relationship EU Trade Policy
Ghana-EU Trading Relationship EU Trade Policy Ghana EU Business Forum Accra, May 10 th 2011 Content 1. Today s Context: Ghana-EU Trading and Business Relationship 2. EU Trade Policy 3. Ghana in World Trade
More informationUNIT TWO (2) Organizational Participants that Make International Business
UNIT TWO (2) Organizational Participants that Make International Business Learning Objectives In this chapter, you ll learn about: 1. Four types of participants in international business 2. Focal firms
More informationTropical Hardwoods & Feature Grade Timbers. Sector Overview
Tropical Hardwoods & Feature Grade Timbers Sector Overview Disclaimer New Forests 2017. This presentation is issued by and is the property of New Forests Asset Management Pty Ltd (New Forests) and may
More informationWorkshop on the UN Electronic Communications Convention: A Legal Tool to Promote Cross-border Electronic Commerce Thai National Perspectives
Workshop on the UN Electronic Communications Convention: A Legal Tool to Promote Cross-border Electronic Commerce Thai National Perspectives Mr. Thaweelap Rittapirom Executive Vice President of Bangkok
More informationTHIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 3/14/2013 GAIN Report Number:
More informationThe EU policy on Forest Law Enforcement Governance and Trade (FLEGT) in the Asia-Pacific
The EU policy on Forest Law Enforcement Governance and Trade (FLEGT) in the Asia-Pacific Kyoto, 29 February 2016 Overview Why combat trade in illegally logged timber and timber products? The EU FLEGT Action
More informationTable 1. U.S. Agricultural Exports as a Share of Production, 1992
Export markets are important to U.S. agriculture, absorbing a substantial portion of total production of many important commodities. During the last two decades there have been periods of expansion and
More informationCountry Guide Factsheet India YOUR GUIDE TO ONE OF THE WORLD S FASTESTGROWING ECONOMIES
1 Country Guide Factsheet India YOUR GUIDE TO ONE OF THE WORLD S FASTESTGROWING ECONOMIES 2 Country Guide Factsheet India INDIA S ECONOMY BY SECTOR 53.8% SERVICES 28.85% INDUSTRY 17.35% AGRICULTURE 1 TOP
More informationEXECUTIVE SUMMARY THE RECIPE FOR SUCCESS IN CHINA
EXECUTIVE SUMMARY THE RECIPE FOR SUCCESS IN CHINA LESSONS LEARNED FROM SWEDISH SMES IN CHINA INTRODUCTION AND SUMMARY China remains the fastest growing market in the world in terms of nominal values. However
More informationChina: growth, urbanisation and mineral resource demand
: growth, urbanisation and mineral resource demand Jin Liu and Tony McDonald 1 Over recent decades, has experienced rapid economic growth and a related sharp increase in its rate of urbanisation. The speed
More informationTHE ATHENS ACTION PLAN FOR REMOVING BARRIERS TO SME ACCESS TO INTERNATIONAL MARKETS
THE ATHENS ACTION PLAN FOR REMOVING BARRIERS TO SME ACCESS TO INTERNATIONAL MARKETS Adopted at the OECD-APEC Global Conference in Athens, on 8 November 2006. BACKGROUND 1. At the invitation of the Hellenic
More informationManaging T&E Indirect Contracts in Asia Pacific. Issa Isaac Director, Global Service, Asia Pacific
Managing T&E Indirect Contracts in Asia Pacific Issa Isaac Director, Global Service, Asia Pacific Asia Pacific East vs. West Opinion A A B B Contacts Traveling Handling of Problems The Boss Pakistan China
More informationFinancial Results Meeting: FY Ended March 2013
Financial Results Meeting: FY Ended March 2013 (April 1, 2012 - March 31, 2013) May 10, 2013 Kintetsu World Express, Inc. 0 Contents Summary of Business Results for FY ended March 31, 2013, and Forecast
More informationIndonesia s Energy Requirements Part One: Current Energy Dynamics
10 February 2015 Indonesia s Energy Requirements Part One: Current Energy Dynamics Stewart Patterson FDI Associate Key Points Domestic consumption has been a key driver of Indonesian economic growth and,
More informationMarketing Services Industry in Hong Kong
Feb 2018 Marketing Services Industry in Hong Kong Overview Hong Kong is the marketing services capital of Asia, where a full range of services can be found. The sophistication of the market has attracted
More informationMARKET ENTRY. Understanding your new market is essential before you commit yourself to exporting. Your research should answer the following questions:
Datamatrix Market Entry Page 1 of 7 Suite 506 MARKET ENTRY Selling and Promotion Overseas Entering New Markets Promoting New Markets Visiting Overseas Markets Sources of Help and Support 506.01 SELLING
More informationTrading patterns: Global and regional perspectives
Chapter V Trading patterns: Global and regional perspectives World merchandise trade in value terms fell by 3 per cent in 2016 following a 13 per cent slump recorded in 2015, with trade growth remaining
More informationThe Exhibition of China International Food, Meat and Aquatic Products 2015 and International Import&Export Food Policy, Laws and Regulations Summit
FMA CHINA Golden Commercial www.fmachina.cn The Exhibition of China International Food, Meat and Aquatic Products 2015 and International Import&Export Food Policy, Laws and Regulations Summit June 10-12,
More informationINDONESIA PACKAGING MACHINERY MARKET ASSESSMENT. An Analysis of Market Opportunities for Packaging Machinery Manufacturers
2016 INDONESIA PACKAGING MACHINERY MARKET ASSESSMENT An Analysis of Market Opportunities for Packaging Machinery Manufacturers PRODUCED BY PMMI 11911 Freedom Drive Suite 600 Reston, VA 20190 USA 2016
More informationA Guide for Exporters FOR THE EXPORT OF CONTAINERS AT PORT OF TOWNSVILLE
A Guide for Exporters FOR THE EXPORT OF CONTAINERS AT PORT OF TOWNSVILLE Port of Townsville is the largest general cargo and container port in north Australia and is a highly competitive option for the
More informationGlobal IT Procurement and Logistics. Simplifying the complex: an end-to-end IT supply chain solution
Global IT Procurement and Logistics Simplifying the complex: an end-to-end IT supply chain solution We make the complex simple Managing an international IT supply chain isn t an easy task, and comes with
More informationSOUTHEA ST ASIA ENERGY OUTLOOK EXECUTIVE SUMMARY. World Energy Outlook Special Report
SOUTHEA ST ASIA ENERGY OUTLOOK EXECUTIVE SUMMARY World Energy Outlook Special Report INTERNATIONAL ENERGY AGENCY The International Energy Agency (IEA), an autonomous agency, was established in November
More informationMALAYSIA S PRODUCTIVITY CHALLENGE: IN WHAT WAYS CAN MALAYSIA INCREASE PRODUCTIVITY TO REMAIN COMPETITIVE by HJ. SHAMSUDDIN BARDAN EXECUTIVE DIRECTOR
MALAYSIA S PRODUCTIVITY CHALLENGE: IN WHAT WAYS CAN MALAYSIA INCREASE PRODUCTIVITY TO REMAIN COMPETITIVE by HJ. SHAMSUDDIN BARDAN EXECUTIVE DIRECTOR Perdana Leadership Foundation CEO Forum 2012 Berjaya
More informationhttp://e-asia.uoregon.edu THE ROLE OF SMALL & MEDIUM-SIZED ENTERPRISES IN EXPORTS TO CHINA: A STATISTICAL PROFILE Results from the 2003 Exporter Data Base International Trade Administration Manufacturing
More informationConstruction Services: Contribution to Sustainable Development and Issues on Trade in Services. Emily MBURU DITC-UNCTAD
Construction Services: Contribution to Sustainable Development and Issues on Trade in Services Emily MBURU DITC-UNCTAD Content of the Presentation Scope of construction services Market trends and characteristics
More informationPRIORITY GOODS SECTORS IN ASEAN-8: DEVELOPMENT PATTERNS AND TRADE PERFORMANCE*
PRIORITY GOODS SECTORS IN ASEAN-8: DEVELOPMENT PATTERNS AND TRADE PERFORMANCE* Thitapha Wattanapruttipaisan* Studies Unit Bureau for Economic Integration and Finance ASEAN Secretariat Jakarta (May 2006)
More informationAustralian ICT Trade Update 2009
Australian ICT Trade Update 2009 www.acs.org.au/09icttradeupdate AUSTRALIAN COMPUTER SOCIETY ICT Professionals Shaping Our Future Australian Computer Society 1 About the Australian Computer Society The
More informationYour guide EXPORTING TO ASIA. Understanding the Asia opportunity. Your guide to exporting to Asia
Your guide EXPORTING TO ASIA Understanding the Asia opportunity. Your guide to exporting to Asia 1 STEPS TO SUCCESS Whether you re just starting out in exporting or you re already well established, Asia
More informationSUPPLY CHAIN, LOGISTICS & PROCUREMENT. Supply Chain, Logistics & Procurement
SUPPLY CHAIN, LOGISTICS & PROCUREMENT nem is one of Australasia s largest boutique business consultancy firms, which is able to draw on the significant skills and experience of over 45 partners across
More informationINDUSTRY AND ENTERPRISE
Victorian Certificate of Education 2015 SUPERVISOR TO ATTACH PROCESSING LABEL HERE Letter STUDENT NUMBER INDUSTRY AND ENTERPRISE Written examination Friday 13 November 2015 Reading time: 3.00 pm to 3.15
More informationAgricultural Outlook Forum Presented: February 17, 2006 TRENDS IN CHINESE FOOD DEMAND AND TRADE PATTERNS
Agricultural Outlook Forum Presented: February 17, 2006 TRENDS IN CHINESE FOOD DEMAND AND TRADE PATTERNS Fred Gale Senior Economist Economic Research Service, USDA TRENDS IN CHINESE FOOD DEMAND AND TRADE
More informationSteelmaking raw materials: Market and Policy Developments
Steelmaking raw materials: Market and Policy Developments DSTI/SU/SC(2010)16 69 th Steel Committee Meeting Paris 3-4 December 2010 Summary Recovery in world output of steel has raised the demand for raw
More informationChapter 10. Lao PDR Country Report. September 2016
Chapter 10 Lao PDR Country Report September 2016 This chapter should be cited as Kouphokham, K. (2016), Lao PDR Country Report in Kimura, S. and P. Han (eds.) in Energy Outlook and Energy Saving Potential
More informationDeveloping New Exporters. AAPA Maritime Economic Development Workshop June 3 rd, 2014
Developing New Exporters AAPA Maritime Economic Development Workshop June 3 rd, 2014 What is the Value of Exports through the Ports of LA, LB & LAX Airport? $ 127 Billion in 2013 ( + 4.63 % ) This is an
More informationDate File No. Our ref. Food Team Case No.
Date 29-03-2012 File No. Our ref. Food Team Case No. 1. Summary... 3 2. Macroeconomic indicators... 3 3. Consumption of major food products... 4 4. Urban and rural consumption patterns... 6 5. Imported
More informationAdapting Australia s trade and aid policies to climate change
Policy Information Brief 5 Adapting Australia s trade and aid policies to climate change NCCARF s evidence-based Policy Information Briefs address key challenges to effective adaptation to Australia s
More informationForeign Agricultural Service United States Department of Agriculture
Foreign Agricultural Service United States Department of Agriculture International Agricultural Trade Report October 2018 U.S. Agricultural Export Opportunities in South Korea South Korea is one of the
More informationInternational Marketing
International Marketing Tom Hammett Center of Forest Products Marketing and Management, Virginia Tech Presented at BOLFOR2 La Paz and Santa Cruz August 2004 Topics for Discussion Introduction Trends Practices
More informationU.S. Agricultural Trade: Trends, Composition, Direction, and Policy
U.S. Agricultural Trade: Trends, Composition, Direction, and Policy Charles E. Hanrahan Senior Specialist in Agricultural Policy Carol Canada Information Research Specialist Beverly A. Banks Acquisitions
More informationGlobal Economic Crisis and Consumer Confidence in Asia/Pacific
Knowledge Leadership Global Economic Crisis and Consumer Confidence in Asia/Pacific MasterCard Worldwide Insights 4Q MasterCard Worldwide Insights MasterCard Worldwide A Global Knowledge Leader MasterCard
More informationAsia-Pacific Next Generation Sequencing (NGS) market by Product - (software and services) by Technology (whole targeted re-sequencing, genome
Asia-Pacific Next Generation Sequencing (NGS) market by Product - (software and services) by Technology (whole targeted re-sequencing, genome sequencing, de novo sequencing, exome sequencing, RNA-Seq,
More informationNavigator. Now, next and how for business. Australia
Navigator Now, next and how for business Links to the dynamic Asian economy support n exports s ever-increasing linkages with the dynamic Asian economy mean the outlook for exports of both goods and services
More informationPolicy Brief. Anita Prakash
Economic Research Institute for ASEAN and East Asia Policy Brief NO. 2018-01, AUGUST 2018 ISSN: 2086-8154 Key Issues: Africa can benefit from trade, investment, and development cooperation through a measured
More informationUS$ Million Electrical machines and apparatus having individual functions
Opportunities Abound in Thailand s Machinery Industry Boasting 50,000 enterprises and 400,000 workers, Thailand s machinery and metalworking industry resounds with activity. Demand for more sophisticated
More informationRod Arenas Food Innovation Australia Ltd
Rod Arenas Food Innovation Australia Ltd FOOD INNOVATION AUSTRALIA LTD About us National initiative set up by the Australian government through department of industry innovation and science Not-for-profit
More informationAustralian Made, Australian Grown Logo The Australian Advantage
Australian Made, Australian Grown Logo The Australian Advantage It s recognised, trusted and a powerful symbol of Australia s high standards Australian Made Campaign Limited 2017 This work is copyright.
More informationPavilion Organizer - AUSTRIA
Pavilion Organizer - AUSTRIA We have been participating for more than 20 years. It is first of all a showcase for Austrian food items. Secondly, it is also a platform for Austrian companies who enter the
More informationAPEC Occupational Standards Framework. Draft 1.2
APEC Occupational Standards Framework Draft 1.2 January 2016 Table of Contents List of acronyms... 3 Background... 4 Chronological development... 4 Structure... 5 Scope... 5 Purpose... 5 Principles...
More informationTPP NEW ZEALAND. goods market access
CANADA JAPAN UNITED STATES OF AMERICA MEXICO VIET NAM BRUNEI MALAYSIA SINGAPORE PERU AUSTRALIA NEW ZEALAND CHILE trans-pacific partnership goods market access FACT SHEET Overview The Trans-Pacific Partnership
More information3-2. LNG in the Asia-Pacific
APERC Workshop at EWG52 Moscow, Russia, 18 October, 2016 3-2. LNG in the Asia-Pacific Favoring trade and rational market development Kirsten Smith Researcher, APERC Report Highlights Report Highlights
More informationPHD Research Bureau 1
PHD Research Bureau 1 India s Exports Diversification Crisscross Outcomes Executive Summary India s diversification of export markets has been increased as concentration of exports towards the top 10 export
More informationMAJOR OPPORTUNITIES AND CHALLENGES TO U.S. EXPORTS OF ENVIRONMENTAL GOODS
SPECIAL REPORT MAJOR OPPORTUNITIES AND CHALLENGES TO U.S. EXPORTS OF ENVIRONMENTAL GOODS Senator Ron Wyden December 9, 2009 Summary As the United States and its trading partners seek to reduce emissions
More informationMARKET ENTRY SOLUTIONS IN THE WORLD S LARGEST ECONOMY
MARKET ENTRY SOLUTIONS IN THE WORLD S LARGEST ECONOMY 0 OVERVIEW Marketing that Works Pte Ltd is an international business and management consulting firm based in Singapore, and in line with our corporate
More informationExport/Import Practices Management Course Syllabus and Outline
Course: Export and Import Practices Management Start Day: Open Entry Meeting Days/Time: Online (Blend) Instructor: Tekle Sebhatu, Ph.D. Phone: (541) 672-5459 E-mail: stcintl@stcinternational.us Number
More informationDirectorate of Trade Ministry of Commerce
Directorate of Trade Ministry of Commerce 1 st November 2013 1 Economic Reform Process National Economic Policy and Basic Principles of Trade Rule and regulation of importation and exportation Trade liberalization
More informationFOURTH NATIONAL TRADE SURVEY REPORT 2018 AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY
FOURTH NATIONAL TRADE SURVEY REPORT 2018 AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY About the Australian Chamber of Commerce and Industry The Australian Chamber is Australia s largest and most representative
More informationthe small business and jobs agenda in context
the small business and jobs agenda in context overview Small business definitions vary widely There is no consistently used definition of a small business. Common definitions categorise businesses based
More informationMizuho Economic Outlook & Analysis The 16 th Questionnaire Survey of Japanese Corporate Enterprises Regarding Business in Asia (February 2016)
Mizuho Economic Outlook & Analysis The 16 th Questionnaire Survey of Japanese Corporate Enterprises Regarding Business in Asia (February 16) May 16 Copyright Mizuho Research Institute Ltd. All Rights Reserved.
More informationHAVE MUTUALLY REACHED THE FOLLOWING UNDERSTANDINGS:
IMPLEMENTING ARRANGEMENT FOR THE ASEAN- AUSTRALIA-NEW ZEALAND FREE TRADE AREA (AANZFTA) ECONOMIC CO-OPERATION WORK PROGRAMME PURSUANT TO CHAPTER 12 (ECONOMIC CO-OPERATION) OF THE AGREEMENT ESTABLISHING
More informationGlobal Energy And Mining Solutions Group
Global Energy And Mining Solutions Group Providing innovative solutions to problems regardless of scale and complexity Our corporate philosophy is yes we can Who we are Global Energy And Mining Solutions
More informationThe Economy. Chapter 28, Section 1 (Pages ) Economic Activities (page 699) APEC
Chapter 28, Section 1 (Pages 698 703) The Economy The countries of East Asia are experiencing rapid economic changes as they emerge from the Asian financial crisis of the 1990s and adjust to a global economy.
More informationWhy Export? Mitigating Risk by Diversifying Your Market Portfolio
Why Export? Mitigating Risk by Diversifying Your Market Portfolio Dr. Ivan Eastin Director, CINTRAFOR College of Forest Resources, UW Presented at the: National Indian Forestry and Wildland Fire Management
More informationCapitalizing on the high growth markets opportunity. January,
Capitalizing on the high growth markets opportunity January, 28 2015 CAPITALIZING ON THE HGMs OPPORTUNITY Why HGMs? (1/2) In 2030 more than 50% of the population in Asia will belong to the middle class
More informationLondon & Partners Strategy
London & Partners Strategy 2018-2021 Contents 1. Mission and remit p. 3 2. Executive Summary p. 4 3. Context p. 7 4. Strategic priorities p. 14 5. Key Performance Indicators p. 34 2 Mission and remit We
More informationMARKET SUMMARY INDONESIA. Data snapshot. Business and economic growth
1 THE CPA AUSTRALIA ASIA-PACIFIC SMALL BUSINESS SURVEY - MARKET SUMMARY: INDONESIA MARKET SUMMARY INDONESIA Data snapshot Business and economic growth Small businesses that expect to grow in next 12 months
More information2011/MAG/WKSP1/009 Verification and Audit Techniques
2011/MAG/WKSP1/009 Verification and Audit Techniques Submitted by: Australia Self-Certification Pathfinder Phase 2: Capacity Building Workshop 2 Manila, Philippines 10 11 February 2011 Verification and
More informationRECENT TRENDS OF NEW ZEALAND S INTERNATIONAL FREIGHT TRANSPORT
RECENT TRENDS OF NEW ZEALAND S INTERNATIONAL FREIGHT TRANSPORT Haobo Wang and Joanne Leung Ministry of Transport 1, PO Box 3175, Wellington 6140, New Zealand ABSTRACT This paper investigates the extent
More informationJargon Buster. Haulage Industry Terms, and what they mean. UK s leading road haulage marketplace 1
Jargon Buster Haulage Industry Terms, and what they mean UK s leading road haulage marketplace 1 Haulage Industry Term Jargon Buster Almost every industry has its own jargon: those phrases and acronyms
More informationSupporting Women s Access to Global Markets
2017/AMM/003 Agenda Item: 3 Supporting Women s Access to Global Markets Purpose: Information Submitted by: Australia 29 th APEC Ministerial Meeting Da Nang, Viet Nam 8 November 2017 EXECUTIVE SUMMARY AUSTRALIA
More informationIndia s Export Performance Analysis An Analysis
India s Export Performance Analysis An Analysis Rashmi Taneja Assistant Professor, Shri Aurobindo College, University of Delhi, Delhi Abstract Merchandise exports from India have exhibited a perceptible
More information