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Australia is the ninth-largest export market for U.S. manufacturers of medical products.
Australia is spending $200+ Billion on defense acquisition through 2030 which represents a major opportunities for U.S. industry.
The growth in the renewable energy sector in Australia over the past five years has been significant.
Int’l education is Australia’s 4th biggest export valued at $27B in 2019 covering higher education, Vocational & Training services, schools, and non-award.
The value of Australia’s total Additive Manufacturing/3D Printing market is estimated at USD70 million.
Australia has recently developed a national framework for the remediation and management of contaminated sites in both Australia and New Zealand.
The Australian Federal and State Governments are pursuing hydrogen fuel and power projects.
Australia has committed to a ten year, USD 200 billion defense acquisition program thru to 2030.
The Australian healthcare industry is dependent on imported equipment and demand is high for high quality, innovative dental products.
Australia’s eCommerce market is growing rapidly.
Australian independent distributors of high end industrial goods have expressed interest in sourcing high-end U.S.-made products that might be used by both trade and DIY customers.
American companies offering engineering, consulting or technology solutions could consider partnering with local engineering firms in one of Australia’s five priority areas.
Goods entering Australia and valued at AUD1,000 attract a goods and services (GST) tax. Low value imports (AUD1,000 or less) may also be subject to a GST tax.
The ownership and operations of cemeteries, memorial parks and crematoria in Australia is largely the responsibility of state or local authorities. Suppliers of funeral products traditionally enter the Australian market by working with an existing distributor.
Total demand in Australia for plastics and articles of plastics under HS Chapter 39 is estimated at US$6.2 billion. Imports satisfy 70 percent of the Australian market. The most common method of market entry is to appoint a local Australian stocking distributor.