Market research company and business information provider IBISWorld recently released its findings on Australia’s leading export industries for 2010 and their outlook for the next five years.
A forecast of $237 billion of combined export revenue for 2010 (representing 21.4 percent of the Australian economy) puts Australia in the top echelon of global exporters, with only Germany (40.8 percent) and China (33.2 percent) recording higher export proportions of their total economic revenue.
As expected, mining constitutes Australia’s largest export industry, generating $283.7 billion of revenue for 2009/2010 — of which $128 billion was from exports. The industry is forecast to grow by 6.1 percent in the next five years.
To read the full, original article click on this link: IBISWorld reveals top Aussie Export industries for 2010 | Economy - Anthill Magazine
Author: Anthill Magazine