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The EU market represents a sizeable opportunity for Australian exporters and investors. Australia’s robust economic conditions also provide a business environment for expanded trade and investment with the EU. Major Australian exports in 2008 were coal, gold, alcoholic beverages and Nickel ores and concentrates. Combined, these represented $13 billion. Australia's major imports were medicaments (including veterinary), passenger motor vehicles, gold and goods vehicles. These valued $13 billion in 2008. Major Services exports from Australia to the EU were valued at some $5.6 billion in 2008. Major exports are personal travel (excluiding educations) and transportation. Australia’s major exports to the EU have grown strongly over the last five years (with the exception of wool).
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