This really surprised me.
#1
Thread Starter
Joined: Oct 2011
Posts: 1,130
This really surprised me.
http://en.wikipedia.org/wiki/List_of...ies_by_exports
Expected NZ to be much higher, and OZ. UK also surprisingly high, given what we read/hear.
Expected NZ to be much higher, and OZ. UK also surprisingly high, given what we read/hear.
#2
Re: This really surprised me.
It does seem surprising but if you convert it into export per capita, which is more meaningful, the results are more congruent with expectation. I think it would make Australia the significantly larger exporter of the three followed by NZ then the UK. Is that more what you expected?
#3
Thread Starter
Joined: Oct 2011
Posts: 1,130
Re: This really surprised me.
It does seem surprising but if you convert it into export per capita, which is more meaningful, the results are more congruent with expectation. I think it would make Australia the significantly larger exporter of the three followed by NZ then the UK. Is that more what you expected?
#4
you dewty owld maan!
Joined: Oct 2005
Location: is practically perfect in every way
Posts: 5,565
Re: This really surprised me.
Yeah added value is the real issue. If NZ cuts the timber and sends it off to be processed/made into product somewhere else then that is a bad thing (really) and many people have been gazing at their navels and scratching their posteriors wondering how we can truly use these resources to our benefit rather than being the poor miner, chopper, etc in the equation.
Australian industry dwarfs NZ as does the UK. We farm, grow, dig and gather commodities, but they mainly have lower instrinsic value than the Aus ones - eg gold, rare earths, uranium, etc. So we are always going to be behind the 8 ball unless there is innovation. Kiwis seem to be OK at this but then their ideas get grabbed by overseas organisiations - again lots of navel gazing over that isssue. The absence of medium size NZ companies that can develop these ideas is the issue IMO.
Our Nat friends have torpedoed R&D here with their policy on taxation of resarch and development.
Australian industry dwarfs NZ as does the UK. We farm, grow, dig and gather commodities, but they mainly have lower instrinsic value than the Aus ones - eg gold, rare earths, uranium, etc. So we are always going to be behind the 8 ball unless there is innovation. Kiwis seem to be OK at this but then their ideas get grabbed by overseas organisiations - again lots of navel gazing over that isssue. The absence of medium size NZ companies that can develop these ideas is the issue IMO.
Our Nat friends have torpedoed R&D here with their policy on taxation of resarch and development.
#5
Joined: Jun 2011
Posts: 472
Re: This really surprised me.
I think the most impressive on that list is Ireland's figure.
#6
you dewty owld maan!
Joined: Oct 2005
Location: is practically perfect in every way
Posts: 5,565
Re: This really surprised me.
Having worked there for a while in the late 90s, I am surprised, although much of what they did do back then was re-export, taking goods intended for the European market and re-package/assemble them. They were developing a sound pharma industry at the time though.