Oct 9, 2014
How to enter new markets…Export
Why are only 7% of Aussie businesses earning overseas income? How to enter new markets…Export
Alarmingly only 7% of all Australian businesses earned overseas income in 2011-2 down from 9% in 2006-7 (ABS, 2013). Of that group just under 1% account for over 70% of international trade value. In Australia’s case that group is dominated by the big miners in particular (Austrade, 2014). There are barriers to taking the first steps towards international business and the top two cited is…
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