Why Are These The Australia's Top 10 Exports, By 2021-24? Blog-33
By Dr. Lade Vedkumar.
Very impressive export prospects are going to expand in these products by 2024.
These are the products average export values of 2020 and export prospects by 2024.
Gold, semi-manufactured, for non-monetary purposes:
2020-9.8 billion dollars,
2024-13.8 billion dollars.
Bovine cuts boneless, frozen:
2020-3.8 billion dollars,
2024-9.6 billion dollars.
Wheat:
2020-3.3 billion dollars,
2024-6.5 billion dollars.
Copper cathodes:
2020-2.4 billion dollars,
2024-5.9 billion dollars.
Aluminium oxide:
2020-3.5 billion dollars,
2024-5.6 billion dollars.
Greasy shorn wool:
2020-2.3 billion dollars,
2024-4.1 billion dollars.
Aluminium, not alloyed:2
020-2.4 billion dollars,
2024-3.4 billion dollars.
Bovine cuts boneless, fresh:
2020-2.5 billion dollars,
2024-2.9 billion dollars.
Wine of fresh grapes:
2020-1.7 billion dollars,
2024-2.6 billion dollars.
Cotton:
2020-1.3 billion dollars,
2024-2.3 billion dollars.
Important conclusion:
Best results can be found in products having larger absolute difference between 2020's exports and prospects by 2024 in value terms. It will create the space to earn additional export.
Such three products are Gold for non-monetary purposes, Bovine cuts boneless, and Wheat.
Note: All the values are in an approximate US dollar. Prices may vary as per the market demand and dollar value fluctuation. 2020's average export value can be equivalent to or lower than export values recorded in other trade databases. The average value is the essence of the reliable reports of the last five years. Six digit HS code was used for the above outlook.
E-mail:
futureexportvision@gmail.com
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Research source:
1. World Trade Organization, Trade forecast.
2. World Bank WITS.
3. International Trade Centre.
Research access duration December 2020.
© 2020-24 Future Export Vision.
Imp editions:
Amazon global selling guide:
https://sell.amazon.com/global-selling/guide
Why Are These The Australia's Top 10 Export Countries, By 2021-24?
https://futureexportvision.blogspot.com/2020/12/why-these-are-australias-top-10-export.html
Why Are These The World's Top 10 Export Products, By 2021-24?
https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-10-exports-by.html
Australia's Top 10 Gold Coins Export Region, Countries, By 2021-24?
https://futureexportvision.blogspot.com/2021/01/australias-top-10-gold-coins-export.html
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