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.
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.
