Australia's engineering imports from India up by 9%
Engineering goods and machineries are the key imports of Australia. Australia relies heavily on the imports of machinery equipment in order to support the country's manufacturing sector. As per Australia import export data reports, during the fiscal year 2023, communication equipment manufacturing imports were estimated to be $16 billion during this year. The other key equipment imports of Australia are computer and electronics office equipment, audio visual electronic equipment, measuring scientific equipment manufacturing. Australia customs data reports show that engineering goods imports by Australia were recorded to be $7.5 billion this year. Australia's majority of the engineering goods imports came from India which are estimated to be $595 million in the last three months. Australia's majority of the engineering goods imports came from India which are estimated to be $595 million in the last three months. There was around a 9% increase in the engineering imports ...