{"id":919,"date":"2021-03-03T10:00:32","date_gmt":"2021-03-03T09:00:32","guid":{"rendered":"http:\/\/matchplat.local\/evolution-of-italian-exports-to-australia\/"},"modified":"2021-03-03T10:00:32","modified_gmt":"2021-03-03T09:00:32","slug":"evolution-of-italian-exports-to-australia","status":"publish","type":"post","link":"https:\/\/www.matchplat.com\/en\/evolution-of-italian-exports-to-australia\/","title":{"rendered":"The evolution of Italian exports to Australia"},"content":{"rendered":"

A huge nation, rich in natural resources and in 2018-2019 recording its 28th consecutive year of GDP growth. What are the opportunities for Italian exports to Australia<\/strong>?<\/p>\n

With a population set to exceed 40 million<\/strong> by 2040<\/strong>, combined with a strong international economic integration<\/strong>, the country is a candidate to be an attractive destination for our entrepreneurs.<\/p>\n

\"Export<\/p>\n

In spite of recent difficulties, official data confirm Italy as the country’s eleventh supplier in the world<\/strong> during the first half of 2020: in the European Union<\/strong>, our country comes right after Germany in the ranking of trade partners.<\/p>\n

As pointed out by Infomercatiesteri<\/a>, the recent years of Australia are characterised by a vast series of development plans<\/strong> aimed at strengthening the country, making it a real power in the Pacific area. These include support for the construction industry, with new buildings being built both for housing and for public and commercial functions: a market that was worth more than \u20ac237 billion<\/strong> at the end of 2019. In addition, there are numerous infrastructure projects<\/strong> to enhance the country’s transport network. These include improving rail links between major cities and peripheral areas as well as modernising national airports.<\/p>\n

This is a scenario where there are numerous opportunities for Italian builders and companies specialising in the supply of machinery for the construction industry <\/strong>(including earth-moving equipment, elevators and building materials). In fact, there are numerous public orders that the Australian authorities have launched in urban and suburban areas of the country.<\/p>\n

There are also important business opportunities for Italian industry in the processing of raw materials<\/strong>. Australia is the third largest exporter of copper<\/strong> in the world and the second largest exporter<\/strong> of zinc, lead and aluminium. Of strategic importance is also lithium<\/strong>, with over 51,000 tonnes extracted in 2018, making the country the world’s leading producer of the mineral.<\/p>\n

Natural gas<\/strong> production has also increased in recent years – with more than 78.9 million tonnes expected by 2023-2024 – and investments in renewable energy, to which the Australian government dedicated an initial energy conversion plan in 2000.<\/p>\n

Among the companies in our country that could benefit from the nation’s vast natural resources are those specialising in the design<\/strong> and construction of energy plants<\/strong>. There are also significant opportunities for companies producing machinery and equipment like valves, pumps, compressors, turbines and control systems, as well as companies operating in the renewable energy sector.<\/p>\n

Among the most relevant trends for Italian exports to Australia<\/strong>, an honourable mention goes to agri-food products. In recent years, the sector has seen growth trends that should not be underestimated, especially for some product categories.<\/p>\n

Which ones?<\/p>\n

The figures for the first half of 2020 show a rise in exports of cereals and flours<\/strong> (+23.84%) and fruit<\/strong>, including dried and nuts (+26.05%). There are also good prospects for the world of wine<\/strong>, with the country ranking among the top world importers of a product that has always been a symbol of Made in Italy between 2018 and 2019. Related to the world of food is the sector of machinery for packaging<\/strong>, bottling<\/strong> and food processing<\/strong>: our country has been successfully present in Australia in this field for some time, but there are still important margins for growth.<\/p>\n

One example is meat processing machines<\/strong>, which play an important role in the domestic market and could be very popular.<\/p>\n

What makes Australia an ideal destination for international trade is its deep economic integration, made possible by its participation in numerous agreements: among these are the RCEPA<\/strong><\/a>, which also includes China and ASEAN countries<\/strong><\/a> among its signatories, as well as the CPTPP<\/strong> (Comprehensive and Progressive Agreement for Trans-Pacific Partnership), which also includes Canada, Japan and Chile.<\/p>\n

In view of a restart of the global economy<\/strong> in 2021, looking at new markets will be fundamental and Australia is a country where there is no lack of opportunities for Italian companies.<\/p>\n","protected":false},"excerpt":{"rendered":"

A huge nation, rich in natural resources and in 2018-2019 recording its 28th consecutive year of GDP growth. What are the opportunities for Italian exports to Australia? With a population set to exceed 40 million by 2040, combined with a strong international economic integration, the country is a candidate to be an attractive destination for […]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[19,13],"tags":[],"class_list":["post-919","post","type-post","status-publish","format-standard","hentry","category-internationalization","category-portfolio-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/posts\/919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/comments?post=919"}],"version-history":[{"count":0,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/posts\/919\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/media?parent=919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/categories?post=919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/tags?post=919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}