Australian Industries That are Used Worldwide
Updated On May 23, 2023 | by Alex Jones
Australia is a massive and beautiful piece of land that you can find on the southeast corner of the map. The country is all equipped with rich natural resources and beautiful landscapes. Generally, this nation is known for its sports team, tourist destinations, kangaroos, the great barrier reefs, koalas, etc, but there are many lots more things that this country is proud of.
You might not have been aware of the fact that because of the mineral-rich land that this country is blessed with, the major portion of its GDP comes from industries. The industry sector is so developed that rapidly developing countries like India itself import coal from Aussies in case of any emergency.
Due to this thriving sector, the government and companies take their participation in order to make it more successful. Various new inventions and developments are made to make the process more efficient and quick. Road trains are one of the most prominent examples of these new techniques.
Well, giving a green light to the topic, we should now discuss what industries play a major role worldwide and have made their unmatchable reputation in the international market.
Mining and Resources
Mining is a thriving industry in Australia. This sector has been one of the most successful sectors of the economy. The mining and natural resources sector of Australia is worldwide popular. Talking about exports of the country, this sector sums up to 75% of the total exports of the nation.
Talking about some insights from the house, this thriving portion of the economy has been able to employ 1.2 Million people across the nation and has an earning of around $50 Billion due to its resources and facilities. The total net worth of the resource exports has been reported to be $160 Billion.
Each part of the Australian map is involved in the mining of some minerals. Western Australia, Queensland, and South Australia is the most flourishing area for this sector. Some of the biggest mining companies in Australia are BHP Group, Rio Tinto, New Crest Mining, and South32.
Entertainment and Technology
The entertainment industry might be a global one, but Australia has had a huge impact on it, too. There have been numerous TV shows and films that have come out of the country to global acclaim, while there have also been a number of game developers, too.Gaming has always been a hugely popular pastime for many, with console gaming, mobile gaming, and even iGaming titles have attracted vast numbers, with many using the best online casino real money Australia has to offer regularly to ensure they have the best gaming experiences possible. Technology has played a role in making the entertainment sector thrive and be used worldwide, while the talent pool available in the country can be argued to be among the best, too!
Agriculture is another flourishing sector of the Australian economy. A large population of this country is somehow related to this sector and earns their bread. Just like the Mining industry, the Agricultural industry has contributed a massive $70 Billion to the Australian economy.
Foreign investors in the agri sector from around the world make hefty money from this country due to its high amount of exports all around the world. The sector also involves almost every type of agriculture, which means harvesting wines, wheat, beef, mutton, and many more products are being done here.
Healthcare and Biotechnology
Biotechnology from Australia is famous worldwide. The technology in healthcare sector is used all over the world. The prominent quality and exemplary tech of Aussies have impressed specialists worldwide. Along with the technology available, they have a world-class education system in the medical field and amazing professionals in this sector.
Medical students from all over the world visit Australia for their higher education in this field and some of them decide to start practicing in the country itself.
Australian Industries Continue to Thrive Globally
As you have read this article till this point, you should be aware of the milestones industries from this nation have achieved. This is one of the primary signs of a bright future for any nation. The cross-border exports and exemplary technology of the industries attract people from around the globe to work here.
The future of Aussie industries is as clear as glass and there is nothing in the near future holding potential to take them down.