Australia'S 2011 Fiscal Year Merchandise Export Earnings Are Expected To Rise 25%
According to the new fast network report: the federal government's commodity forecaster said it expects Australian goods.
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Earnings will rise by nearly 25% to 202 billion 500 million yuan in fiscal year 2011.
Based on current development,
Europe
The impact of the debt crisis on Australia's commodity export earnings will be moderate.
Australia
The agriculture and Resources Economics Bureau (ABARE) released its second quarter commodity report on Tuesday, and forecasters estimated the figure for fiscal year 2010 to be 164 billion 100 million yuan.
The continued depreciation of the Australian dollar is expected to provide support for commodity exports.
"The world economy continues to recover," ABARE deputy executive director said. "We expect export earnings for our farm sector, mining and energy sector to increase in fiscal 2011."
Agricultural exports are expected to rise 2.5% to 29 billion 100 million yuan in fiscal year 2011.
It is estimated that farm output will fall 11.6% to 28 billion 300 million yuan in fiscal year 2010.
It is estimated that in the 2011 fiscal year, the export earnings will remain unchanged at 14 billion 600 million yuan, but it is estimated that livestock exports will increase by 6.2% to 14 billion 400 million yuan.
Agricultural commodities will increase in the next five fiscal years, including cotton, wine, wool, beef, veal and mutton.
It is estimated that energy and mineral export earnings will rise 28.5% to 169 billion 800 million yuan in fiscal year 2011, which is 132 billion 200 million yuan higher than that in the 2010 fiscal year.
This mainly reflects the recent rise in the price of coal and iron ore contract negotiations.
In the 2011 fiscal year, exports of metals and other mineral products will rise 29% to 98 billion 500 million yuan, and the value of energy exports will rise 27.8% to 71 billion 300 million yuan.
The output of mineral products will increase by 8.4%.
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