1301.0 - Year Book Australia, 2005  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 21/01/2005   
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Australian outward foreign affiliates trade

Data on Australian outward foreign affiliates trade are part of a new suite of globalisation statistics being developed by the ABS. Sales of goods and services may be effected not only through transactions between residents and non-residents which are recorded in the balance of payments accounts, but also through direct investment enterprises or affiliates established in foreign countries. Globalisation statistics also measure the trade activity of foreign-owned enterprises in a host economy. Data on the trade activity of majority foreign-owned affiliates in the compiling economy are referred to as inward foreign affiliates trade, and data relating to foreign affiliates majority owned by residents of the compiling economy are referred to as outward foreign affiliates trade.

Table 30.30 provides details of the characteristics of foreign affiliates of Australian enterprise groups in 2002-03, classified by region and by industry of foreign affiliate.

Some of the main findings relating to 2002-03 are:

  • Australian enterprise groups had 4,012 affiliates abroad employing 321,924 staff.
  • Foreign affiliates of Australian resident enterprise groups generated $142.3b in sales revenue for goods and services.
  • Manufacturing was the dominant industry with sales revenue of $36.7b (26% of total sales) and employing 120,368 staff (37% of total employment).
  • Finance and insurance generated the most revenue from the sales of services, accounting for 40% of services revenue.
  • Manufacturing and wholesale and retail trade accounted 87% of goods sold and 86% of goods purchased.
  • Foreign affiliates in Asia-Pacific accounted for 58% of employment by foreign affiliates, with the Americas 22% and Europe 20%.
  • Total remuneration per employee was similar for employees of foreign affiliates domiciled in Europe and the Americas and was substantially higher for these two regions compared with Asia-Pacific.

30.30 FOREIGN AFFILIATES OF AUSTRALIAN ENTERPRISE GROUPS, Selected characteristics - 2002-03
Foreign
affiliates
Employment
Wages and salaries
Sales of
goods
Sales of
services
Purchases
of goods
Purchases
of services
no.
no.
$m
$m
$m
$m
$m
REGION(a)
Europe(b)
976
64,928
4,297
16,771
14,464
12,211
7,140
Asia-Pacific
1,708
186,239
5,515
35,902
20,053
24,051
12,369
Americas
1,328
70,757
4,190
24,366
30,765
14,724
21,109
Total
4,012
321,924
14,002
77,039
65,282
50,987
40,618
INDUSTRY(c)
Mining
130
13,030
353
4,936
235
2,199
821
Manufacturing
1,281
120,368
5,017
35,956
738
23,835
3,255
Construction
76
11,002
370
(d)(e)n.p.
(d)(e)n.p.
1,509
182
Wholesale trade
520
23,586
1,146
21,784
404
13,909
2,359
Retail trade
119
22,221
511
(d)(e)n.p.
(d)(e)n.p.
6,320
116
Transport and storage
102
7,481
286
(d)(e)n.p.
(d)(e)n.p.
495
465
Finance and insurance
463
51,407
3,028
232
26,017
671
8,562
Property and business services
466
40,278
1,859
2,319
12,069
1,482
(d)n.p.
Health and community services
48
4,683
122
(d)-
327
81
(d)n.p.
Other(f)
807
27,868
1,309
11,812
25,491
487
25,857
Total
4,012
321,924
14,002
77,039
65,282
50,987
40,618
(a) Where foreign affiliate resides.
(b) Includes Africa.
(c) Industry of foreign affiliate.
(d) Not published separately, included in Other.
(e) The value of total sales of goods and services is; $2,230m for Construction, $9,706m for Retail trade, and $1,345m for Transport and storage.
(f) Includes Agriculture, forestry and fishing; Electricity, gas and water supply; Accommodation, cafes and restaurants; Communication services; Education; Cultural and recreational services; and Personal and other services.