Australia's significant trade growth is directly linked to the country's strong ties with Asia. The region represents 10 of Australia's top 12 export markets. This trend is expected to continue as Asia's appetite for Australian minerals and energy resources continues, and the demand for Australian agriculture, merchandise and services grows.
As a major producer and exporter of bulk commodities and other merchandise, Australia expects road freight to grow by 50 per cent and rail freight to grow by 67 per cent to 2030.10
Rail-freight growth is driven by continued growth in mineral and agricultural exports, as well as the increased demand for consumer goods driven by population growth.
As an island nation, Australia is particularly dependent on well-functioning seaports and airports to trade with the world.