Australia
 
   

Most of the rich farmland and good ports are in the east and particularly the southeast, except for the area around Perth in Western Australia. Melbourne, Sydney, Brisbane, and Adelaide are the leading industrial and commercial cities.

Australia is highly industrialized, and manufactured goods account for most of the gross domestic product. Its chief industries include mining (much of which is accomplished with the aid of Japanese capital), food processing, and the manufacture of industrial and transportation equipment, chemicals, iron and steel, textiles, machinery, and motor vehicles.

country is self-sufficient in food, and the raising of sheep and cattle and the production of grain have long been staple occupations. Tropical and subtropical produce-citrus fruits, sugarcane, and tropical fruits-are also important, and there are numerous vineyards and dairy and tobacco farms.
Australia's economic ties with Asia and the Pacific Rim have become increasingly important, with Japan, China, and the United States being its main trading partners.

Australia has a prosperous, Western-style mixed economy, with a per capita GDP slightly higher than those of the UK, Germany and France in terms of purchasing power parity.

The service sector of the economy, including tourism, education, and financial services, comprises 69% of GDP. Agriculture and natural resources comprise 3% and 5% of GDP but contribute substantially to export performance. Australia's largest export markets include Japan, China, the US, South Korea and New Zealand.


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Australia travel guide