Australia

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Coat of arms: is the formal symbol of the Commonwealth of Australia. A shield, depicting symbols of Australia's six states, is held up by the native Australian animals the kangaroo and the emu. The seven-pointed Commonwealth Star surmounting the crest also represents the states and territories, while floral emblems appear below the shield.
Flag: is a defaced Blue Ensign: a blue field with the Union Jack in the canton (upper hoist quarter), and a large white seven-pointed star known as the Commonwealth Star in the lower hoist quarter. The fly contains a representation of the Southern Cross constellation, made up of five white stars – one small five-pointed star and four, larger, seven-pointed stars.
 
  • Anthem: «Advance Australia Fair» is the national anthem of Australia. Created by the Scottish-born composer Peter Dodds McCormick, the song was first performed in 1878 and sung in Australia as a patriotic song.
  • Official languages: English.
  • Geographical location: The world's smallest continent and sixth largest country by total area, Australia — owing to its size and isolation — is often dubbed the «island continent», and is sometimes considered the world's largest island. Australia has 34.218 kilometres (21.262 mi) of coastline (excluding all offshore islands).
  • Administrative divisions: Australia has six states — New South Wales (NSW), Queensland (QLD), South Australia (SA), Tasmania (TAS), Victoria (VIC) and Western Australia (WA) — and two major mainland territories — the Australian Capital Territory (ACT) and the Northern Territory (NT). In most respects these two territories function as states, except that the Commonwealth Parliament has the power to modify or repeal any legislation passed by the territory parliaments.
  • Capital: Canberra.
  • Governance: Australia is a federal parliamentary constitutional monarchy with Elizabeth II at its apex as the Queen of Australia, a role that is distinct from her position as monarch of the other Commonwealth realms. The Queen is represented in Australia by the Governor-General at the federal level and by the Governors at the state level, who by convention act on the advice of her ministers. The federal government is separated into three branches: legislature (the bicameral Parliament); executive (the Federal Executive Council); judiciary (the High Court of Australia and other federal courts).
  • Population: 24.8 million.
  • Currency:  Australian dollar (AUD).
  • GDP: $1.4 trillion.
  • Time zone: UTC +8, UTC +9:30, UTC +10.
  • Telephone code: +61.
  • Barcode: 93.

Trade and economic cooperation between the Republic of Belarus and Australia

Australia's economic performance in 2017: 

  • GDP — $1,4 trillion;
  • inflation — 2%;
  • unemployment — 5,5%;
  • export — $224,5 billion;
  • import — $215,4 billion;
  • credit rating — ААА/stable;
  • financial year — from July 1 to June 30.

Australia is a highly-developed country and an open economy with great capacities in science and technologies. In the structure of Australia's GDP the services account for 68%, industry — 28%, agriculture — 4%. In addition, the Australian economy is flexible, it easily adapts to the market conditions and shifts to a growth pattern based on the real economy or services.

The main markets for the Australian products are China, Japan, USA, India, New Zealand, Indonesia and the United Kingdom.

Australia is a saturated and highly competitive market. So there are the international brands as well as cheap products from China, India, and Southeast Asia.

Australia's Most Valuable Import Products:

  • Cars;
  • Crude oil;
  • Processed petroleum oils;
  • Telecommunication equipment;
  • Computers;
  • Medications.

Trade dynamics between the Republic of Belarus and Australia (according to the National Statistical Committee of the Republic of Belarus (in million U.S. dollars)

Year

Turnover

Export

Import

Surplus

2011

34.1

30.0

4.1

25.9

2012

35.9

32.4

3.5

28.9

2013

20.5

12.0

8.5

3.5

2014

9.7

2.2

7.5

-5.3

2015

11.4

2.5

8.9

-6.4

2016

16.2

3.0

13.2

-10.2

2017 19.9 15.1 4.7 10.4

Belarus's Top 7 Exports:

  • Potassic fertilizers (88.3%);
  • Glass fibres;
  • Apparatus for measuring, checking electrical quantities and radiations;
  • Furniture and parts thereof;
  • Plywood;
  • Measuring or checking instruments, profile projectors;
  • Machinery for manufacture of food and drinks.

The most promising products:

  • Agricultural and loading machinery;
  • Tyres;
  • Glass fibres;
  • Aluminium and wooden windows and their frames;
  • Furniture;
  • Parquet;
  • Instruments and apparatus;
  • Men's or women's clothing of textile materials;
  • Children's leather footwear;
  • Bed linen, table linen;
  • Leather accessories;
  • Cosmetics;
  • Frozen and preserved vegetables, fruits and berries.

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This article has been prepared on the basis of information provided by the National Centre for Marketing and Price Study of the Ministry of Foreign Affairs, and the Embassy of the Republic of Belarus in Australia, and taken from public sources. The information presented herein is for informative purposes only. In this regard, it may be useful for the companies, which have been working in Australia for a long time, as well as for those, which are going to enter this market. Any questions, feedbacks and comments concerning this article are welcome. All of them will be fully considered and taken into account, if possible. If you have any information that may be interesting and useful for the visitors of this page, please write to us.

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