Low tariffs have given us this choice as we can't manufacture such a wide variety here. The worldwide lowering of trade barriers has helped to increase world trade dramatically. As a result, our exports have grown by 3.5 times over the past 20 years. This means more jobs and growth. If we closed our doors to imports, other nations might well close their doors to our exports.
Australian wines compete with the best in the world.
Access to world markets is vital to expansion of the industry, including markets in other wine making countries. The world wine market assists growth and jobs for Australians and lets us enjoy wine from other countries. If we stop imports of products like wine, we risk retaliation from the countries we trade with, not just in wine or the product involved, but also other products. Key features of Australia's trade We can't use all that we produce. For minerals and energy, the proportion exported is even higher and we have also increased our manufacturing and services exports.