The top five commodity exports of Australia are: Iron Ore, Coal, Gold, Crude Oil and LNG. As a resource-rich country commodities form the major portion of Australian exports. China, India, Japan are some of the major export Asian markets for Australia. Japan is the major export market for Oil and Gas, Coal, Aluminum and Copper. China is the largest importer of Australian Iron Ore and UK is the largest market for Australian Gold.
Graph
Source: Australian Commodities, June quarter 09.2
The total value of all Australian commodity exports is forecast to be around A$160.5 billion in 2009-10, a fall of 18.1 %Â in 2008-09. Out of this metals and energy exports are projected to account for A$124.4 billion.
More detailed information on Australian Commodities and Export Markets can be found by clicking on Australian-Commodities-Report-June-2009
Related:
Author: Robert Lewis (IP address: xx.52.87, xx.52.87)
Email: xxx@icloud.com
URL:
Comment:
It is very unfair that certain Exporters are becoming very wealthy
from Australian commodity Exports, yet Australians themselves are
Paying exorbitant prices for their own Commodities, such as Coal,
Uranium and even Natural gas.
In fact, our cunning politicians will soon be Importing natural gas
from 5 Overseas sources, whilst Australia has Enough natural gas to
last for at least 100 years!
Also, the cost of Electricity in Sydney is among the highest in the World,
(5 times that in New York City even!)
Yet we have enough coal and uranium to make our electricity the cheapest
in the World! – Alan Jones rightly characterised this situation as scandalous
and deplorable! – Who IS making all the Money from OUR OWN Commodities?!!
Many Australians- including small businesses- cannot even put food
on the table owing to our extremely expensive Electricity costs!
I honestly believe that many of our Politicians are garnering Gigantic
Clandestine “kickbacks†from a number of Foreign Corporations which are buying up
Australian coal, gas and uranium at bargain-basement prices,
such as India,
China, and Japanese Corporations! – (Possibly also American Companies?)
It is high time the Truth be made PLAIN about these treacherous Aussie politicians,
Selling Out their own people for (clandestine) Foreign Capital?!
I mean, How Else can one account for the Dirth of, and
the Extremely High Prices of our own natural resources, which are now largely
Unavailable to our own Australian Consumers?!! – Some sort of “deals†are being done!
Robert.
Foreign Companies
Good points. Thanks Rob for your comment. Pretty much in every resource-rich country this seems to be the case.Government sells out to the highest bidder.
-David