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AUSTRALIAN FOREIGN TRADE
According to the Australian Bureau of Statistics, since 1995 Australia's exports have grown from $93 billion to over $154 billion - more than a 50% increase. In that time, Australian exports have created more than 250,000 jobs. However, imports have exceeded exports and the current account deficit, as on Dec 2004, was estimated to be US $ 15,023 million.
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According to the Australian Bureau of Statistics, since 1995 Australia's exports have grown from $93 billion to over $154 billion - more than a 50% increase. In that time, Australian exports have created more than 250,000 jobs. However, imports have exceeded exports and the current account deficit, as on Dec 2004, was estimated to be US $ 15,023 million.
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