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India - Australia Business and Cultural Council

Australia is a vast country and continent known for its diverse ecosystems, including the Great Barrier Reef and Outback. Its major cities include Sydney, Melbourne, and Brisbane. Australia is famous for its unique wildlife and multicultural society.

Ambassador and Consul General

Global India Business Forum is honoured to have connected with the Consul General of Australia and has presented the country with an Honorary Membership in the presence of Dr. Jitendra Joshi- Global President, Ms. Deepali Gadkari- Global Coordinator and Mr. Abhishek Joshi- Global Youth Coordinator. Realizing the strengths of Global India Business Forum and the Consulate of Australia will be associated with each other in mutual cooperation to facilitate mutual investment, trade and economic cooperation complimented by knowledge sharing, training, certification and networking.

Exports

Cereals, Machinery including computers, Inorganic chemicals, Meat, Gems & Precious metals

Imports

Electrical machinery, Vehicles, Mineral fuels including oil, Pharmaceuticals, Gems & Precious metals

About Australia

Australia, also known as the Commonwealth of Australia, officially, is a sovereign country that includes the main Australian continent and the island of Tasmania, along with different smaller islands. It is also the largest country in Oceania, which is a geographic region consisting of Australasia, Melanesia, Micronesia and Polynesia. It is also the sixth largest country in the world with a population of 2,54,99,884 and the population is mostly an urban one. Canberra is the capital of Australia, while the largest city is Sydney; other metropolitan cities include Melbourne, Brisbane, Perth and Adelaide. The largest coral reef in the world is in Australia called “The Great Barrier Reef”. The coral reef system is located in Queensland, Australia and the reef stretches over 2300 kilometres (1400 miles). The reef is so large that it can be seen from the outer space.

Business Opportunities in Australia

Australia is rich in natural resources like metalliferous ores and metal scraps and also holds large reserves of coal. This will give immense business opportunities to companies engaged in the mining industry. Also, Australia ranks high in the tourism sector as there are incredible and picturesque sites to see in the country ranging from the Great Barrier Reef to the Kangaroo Safari. This helps the hotel and travel booking companies in different countries to set up their branches or subsidiaries in the country, thereby increasing footfall in the country. When a tourist is visiting an unknown place he will obviously take a taxi to go that place which in turn helps ride-sharing services like Ola and UBER and this brings in more investment and business opportunities to the country

Exports and Imports in Australia

In May 2024 Australia exported AUD35.4B and imported AUD40.4B, resulting in a negative trade balance of AUD5B. Between May 2023 and May 2024 the exports of Australia have increased by AUD1.59B (4.71%) from AUD33.8B to AUD35.4B, while imports decreased by AUD-3.44B (-7.86%) from AUD43.8B to AUD40.4B.

Top Exports Of Australia

In May 2024, the top exports of Australia were Petroleum, petroleum products and related materials (AUD5.61B), Road vehicles (including air-cushion vehicles) (AUD5.6B), Electrical machinery, apparatus and appliances, n.e.s.,... (AUD2.54B), General industrial machinery and equipment, n.e.s.,... (AUD2.09B), and Telecommunications and sound- recording and reproducing apparatus... (AUD1.69B).

Top Imports Of Australia

The top imports of In May 2024 the top imports of Australia were Metalliferous ores and metal scrap (AUD14.4B), Coal, coke and briquettes (AUD6.96B), Gas, natural and manufactured (AUD5.64B), Meat and meat preparations (AUD1.84B), and Petroleum, petroleum products and related materials (AUD1.27B).