Accessing International Markets Virtually – Australia & New Zealand

Join VEDP’s International Trade team to learn about accessing Australia and New Zealand virtually!

Australia’s resilient economy is built on stable institutions and sound regulatory policies, and provides a safe, low-risk environment in which to do business. Australia is among Virginia’s top 20 export destinations globally. In 2019, exports from Virginia to Australia amounted to over $246 million. Australia has a large services sector, and is a world leader in mineral and LNG extraction and food production.

The top opportunities for Virginia exporters in Australia include:

• Aircraft and Parts
• Cloud Computing
• Information Technology Services
• Medical Equipment
• Recreational Marine Transportation
• Smart Grid Technology

New Zealand offers U.S. companies a relatively wealthy, sophisticated market with a very transparent and open business environment, and a stable democratic system. In 2019, the World Bank ranked New Zealand first in the world in terms of doing business and for transparency. New Zealand consistently ranks high in measures of business honesty and integrity, and these features somewhat offset the small market size. In 2019, exports from Virginia to Australia amounted to over $47 million.

The top opportunities for Virginia exporters in New Zealand include:

• Agriculture Equipment
• Education and Training
• Food and Beverages
• Information and Communication Technology (ICT)
• Franchising
• Medical Equipment