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Focus on Australia/New Zealand

Australia and the UK hold close political, historical and commercial relationships. Of particular importance is the close and long-lasting trade and economic relationship. New Zealand is a relatively easy country to do business in. It has a number of historical and business environments that are similar to the UK. The UK is New Zealandís seventh-largest trading partner and one of the UKís top fifty export markets.

Australia

Australia has had one of the developed world's best performing economies over the past 20 years.

In 2012, Australia was the 12th largest economy in the world with GDP of US$1.53 trillion and goods and services exports from the UK to Australia were worth £10.9 billion.  Over 1000 British companies do business in Australia each day.

UKTI Facts: 

  • UK exports to Australia have grown by almost 80% since 2007, totaling nearly £11 billion in 2012.
  • The UK has the second largest source of total and direct foreign investment in Australia

New Zealand

New Zealand has many opportunities to offer UK companies. Its size in particular makes the market a sound choice for SME companies new to exporting. In general if the product is good and suits the local market then there is every chance it will sell in New Zealand.

In 2011, UK exports to New Zealand were worth £507m. From January 2012 to July 2012, £304m worth of goods exported from the UK to New Zealand (an increase of 14%). The top export sectors from the UK to New Zealand are:

Automotive, Machinery and mechanical appliances, Printing, Pharmaceutical, Food and beverage, Optical medical and measuring equipment, Electrical machinery and equipment sectors

Source: UKTI

William Beckett, ITF Chairman will update on ITF's role in the Growth for Export strategy followed  by 

David Campbell-Molloy, Economic Policy & Delivery Officer, Sheffield City Region LEP who will give an up-to-date picture of the development of the Sheffield City Region's Export Centre for Excellence. 

Richard Cuda, Director Strategic Banking Alliances | International, Santander, a National Australian will touch on the business climate, business opportunities in a number of sectors, cultural considerations and tips, and how to research to succeed.  

Eric Holland, UKTI Advisor, and Rail Sector Specialist will present the landscape of the rail sector in Australia and New Zealand and will inform on the forthcoming visit to AUSRAIL, including UKTI support available. 

David Pinder OBE, Managing Director of  Pinder Brothers Limited, will be sharing his 40 years' experience in trading with Australia and New Zealand.

ITF Members  will be joining the discussion to share their experience in trading with Australia and New Zealand. 

 

Event:
Focus on Australia/New Zealand
Venue:
Irwin Mitchell
Address:
Riverside Eas
2 Millsands
Sheffield
South Yorkshire
S3 8DT
Date:
22/09/2015
Start Time:
17:15
End Time:
19:30
Last Updated: 18/09/2015
Author: Renate Halton

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