Australia has been 'the lucky country' for a long time, the unstoppable economic growth has been really impressive.
However, Australia has a very small population and businesses quickly reach saturation point. Companies have to look overseas to get to that next level to really propel growth further.
There are quite a few Aussie companies that are going abroad and making it work:
Treasury Wine Estates Ltd (ASX: TWE)
Treasury Wine Estates is one of the world's largest wine companies with an impressive array of brands including Penfolds and Yellowglen.
The business is finding a lot of success in its local market, as well as other western countries. However, the key for future growth is Asia. The Asian middle class is a large and growing demographic that want to enjoy some of the luxuries that a western lifestyle offers, including wine.
Treasury Wine Estates is currently trading at 30x FY18's estimated earnings with a partially franked dividend yield of 1.85%.
BWX Ltd (ASX: BWX)
BWX is the owner of Australia's leading skincare brand, Sukin.
It's already conquered Australia and now it's looking to win in other western countries like Canada and the UK. It's already generating export sales growth of more than 100% for Sukin.
In the last year BWX has made a few acquisitions that will help it grow. The USA acquisition is called Mineral Fusion and the online portal it bought is called Nourished Life.
BWX is currently trading at 23x FY18's estimated earnings with a fully franked dividend yield of 1.15%.
Amcor is one of the world's largest packaging companies. It has already achieved a global presence.
The business is a good way to achieve exposure to growth of the global economy because of how integrated it is with many businesses and consumers.
Amcor is currently trading at 19x FY18's estimated earnings with an unfranked dividend yield of 3.64%.
Foolish takeaway
Investors looking for long-term growth need to include ASX shares that have global potential. Out of the three I think BWX has the most potential because of how many consumers it can sell to in the future.
