This small yet vibrant industry holds many jobs in regional areas with roughly half as Farmers and Farm Managers. This highly seasonal industry is common for fluctuations of supply and typically has strong links to exports and currency risk.

The arts and entertainment industry is known for doing the rounds globally. Artefacts or paintings in a museum or performances and stage tours, pre-booking locations and tickets in advance is always a big task. Mis-managing international cash-flow can have big impacts on overall profit.

Construction employs a large number of people in many countries with trade workers being of most value. Construction often sees high levels of imports for material and equipment or inflow of international investor funding, adding to currency risk.

Developing as one of the global powerhouse industries where online and digital presence dictates business success, this new yet powerful industry is expected to be one of the biggest in our futures. Books, media, entertainment, broadcasting, and telecommunication services are but a few to have recently moved from analogue to digital, increasing global transactions and therefore currency exposures.

An increasing presence of small and large finance and insurance providers, brokers and consultants, mixed with technology’s ability to create correspondence from anywhere has allowed for services to take place internationally. Often determining the best currency to invoice and procure in with clients and vendors can be confusing and currency risk management can have significant impacts.

Food and beverage has grown into a large and vital part of culture, where global production has escalated. From eat-in venues to take-away options, food, drink and alcohol has become an international sensation. Keeping up with demand for international brands and products, imports and exports of food and beverage has risen, requiring more attention to currency risks.

A vital industry keeping a growing population healthy, healthcare and pharmaceuticals provides medical services, manufactures medical equipment or drugs or otherwise facilitating healthcare to patients. Products are often manufactured overseas and require importing or exporting on a large scale. Currency fluctuation impacts on international supply and demand costs are key.

Manufacturing is one of the largest industries in the world, covering a vast scope including food and beverages, machinery, furniture and more. Manufacturing often requires the import of specific parts and materials with exports typically related to the end product. Currency fluctuations can regularly affect profit if not managed correctly.

Mining covers the exploration and extraction of minerals, oil and gas with locations often in regional and remote areas. Exports play a large role in our mining sector with a significant amount also spent on imports for yellow goods and other equipment. Currency risk is often a big factor to the bottom line.

Retail trade is one of the largest global industries, encompassing several components within the production and sales cycles. With the growth of online and digital presence, retail trade is a key market where varying currency fluctuations can impact cost.

Transport includes the movement of people and goods by road, rail or air and businesses rarely operate without one or the other requiring transporting. Global transportation has come a long way and will continue to develop and evolve as technology increases. This vast industry combines both business and leisure, making it prime for potential currency risk.

With the growth in digital platforms, fewer wholesalers are expected to have a shop front to sell goods. This growth has reduced barriers for international sales, opening up potential currency risk for future dated receivables in foreign currencies.