Australian trade and investment relationsAustralia with: CALIFORNIAFree Trade Agreement

California Trades with Australia Australia Invests in California Australia is the 11th largest market for California goods  Flexibles, part of the global Amcor packaging group, exports, worth over $4 billion in 2012. California’s major has manufacturing and distribution operations at 10 sites exports to Australia include aircraft and parts, telecoms throughout California. equipment, medical equipment and petroleum coke.  BlueScope Steel Limited owns Varco Pruden Buildings, Product Value ($) Percent which manufactures pre-engineered steel buildings at a site in Visalia. BlueScope also ownes ASC Building Products, Computers & Electronic Products 718,130,549 17.7 which has a manufacturing facility in McClellan. Transportation Equipment 673,784,732 16.6

Machinery, except Electrical 477,217,915 11.7 Treasury Wine Estates owns the premium Beringer Blass Wine Estates in Napa Valley, with brands including; Beringer, Misc Manufactured Commodities 330,977,462 8.1 Chateau St. Jean, Etude, St. Clemont and Stag’s Leap. Chemicals 292,240,461 7.2  ResMed is a global leader in the development, manufacturing Food Manufacturers 260,078,328 6.4 and marketing of innovative products for the treatment of sleep All Others 1,309,453,255 32.2 disorders. Its North American head office is in San Diego.

TOTAL 4,061,882,702 100%  Borax, part of the Australian-Anglo Rio Tinto Source: US Department of Commerce resources group, owns and operates mines in Boron and Lone Pine, and a refinery and shipping facility in Wilmington.

Did you know? , a major industrial and consumer  The Port of Oakland has a Sister Port relationship with goods recycler, has its US headquarters in Richmond and , Australia’s second main city. operates public recycling centers and scrap processing facilities across California.  There are 10 Sister City relationships between cities in California and Australia. Westfield, one of the world’s largest retail property groups, owns 20 shopping centers across California and maintains  During the 2009-2010 academic year, 819 California its US head office in Los Angeles. college students participated in study abroad programs in Australia. AUSFTA Australia: Strong economy, The Australia-US Free Trade Agreement (FTA) came into force on 1 January 2005. The FTA gives US businesses important trading partner price advantages and preferential access over international  Total trade between Australia and the United States competitors in the Australian market. The FTA eliminates was $64.4 billion in 2012, with US exports to Australia 99% of Australia’s manufacturing tariffs, giving US firms amounting to $47.8 billion. Australia ranks in the top 10 a 5% average cost advantage over their international export markets for 21 US states. competitors in the Australian market. Additionally the FTA:  Australia is among the most highly developed and eco- Grants enhanced preferential access for American service nomically successful countries in the world with a gross exporters to Australia. domestic product (GDP) of $1.5 trillion.  Grants tariff-free access to Australia’s agricultural market  Australia has one of the world’s most open and innovative for US exporters. economies. The OECD said in May 2012 that Australia’s economic fundamentals remain strong, and it forecast  Removes foreign investment screening for a range of foreign Australia’s economy to grow more strongly than every investment activities, including establishment of all new single major advanced economy over the next two years. businesses in Australia.

For more information: www.usa.embassy.gov.au DISCLAIMER: The information available in this document is intended as a general reference and is available from public resources. Every effort has been made to present Government of Australia all information accurately at the time of publication (January 2014), however no liability is accepted for any inclusions or for omissions from the publication.