China is Australia’s largest trading partner and the most populous country in the world. The rapidly rising middle class is expected to account for 70 percent of this market’s population by 2030, representing a lucrative commercial opportunity.
The Philippines is Southeast Asia’s second most populous country and sits in a prime maritime location aside some of the world’s busiest shipping lanes. The Australian government has identified The Philippines as a key market for two-way trade and investment in its Southeast Asia Economic Strategy to 2040.
Thailand is a prosperous northern frontier for Australian business and a gateway to India, China and mainland Southeast Asia. The Thailand-Australia Free Trade Agreement (TAFTA) gives Australian investors additional benefits and protections, and current annual trade is $19 billion.
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