Australian Cattle s Assignment Trade Patterns Of Australia

Australian Cattle’s Assignment Trade patterns of Australia Trade pattern means a country’s trades of goods and services with other countries, in certain directions. Although Australia is not playing a big role on the stage of global economy, trade is crucial to the geographically isolated continent. The percentages of export and import product are equal which around 20 percent of domestic productions. The main export products in Australia are agricultural products and mineral, which take up about 65% of total national export revenue. Agricultural export products consist of beef, wheats, wool, wine, cotton etc. Here in this case, it is talking about the second largest composition in the group - beef and cattle. Every year, there is nearly two thirds of Australian agricultural products export overseas and it is stable increasing as far as we can see. Australian trade direction changed from UK to Japan and then switched to China recently followed by the growth of Chinese economy. Between 2012 and 2013, agricultural products worth $38,268 million in total were export to the top country - China. Trade performance in the Australian Beef industry Unlike the slowdown trend of Australian general goods and services export, the export of beef kept increase. In 2012, export of beef was 4754 million dollars which rose to 5051 million dollars in 2013. The proportion of beef in total agricultural exports increased 0.4 percent (from 12.8% to 13.2%) in one year. Australia is currently oneShow MoreRelatedApa Style4871 Words   |  20 Pagesreferencing based on the Publication Manual of the American Psychological Association (6th ed.). This summary gives examples of the APA referencing style for a number of information sources that you will commonly use. If you cannot find the relevant pattern here, then refer to the APA Publication Manual (6th ed.). 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