Today, China is Australia’s largest trading partner in terms of both imports and exports.
Who is Australia’s largest trade partner?
The largest trading partners
| Rank | Country/District | Imports |
|---|---|---|
| 1 | China | 78,321 |
| 2 | Japan | 26,967 |
| 3 | European Union | 47,573 |
| 4 | United States | 31,603 |
Who are Australia’s top 10 trading partners?
Australia top 5 Export and Import partners
| Market | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| Japan | 41,356 | 16.36 |
| Korea, Rep. | 17,746 | 7.02 |
| India | 12,369 | 4.89 |
| United States | 9,553 | 3.78 |
Who are the major trading partners of Australia?
In 2018, Australia major trading partner countries for exports were China, Japan, Korea, Rep., India and United States and for imports they were China, United States, Japan, Germany and Thailand.
Who are our biggest trading partners?
Year-to-Date Total Trade
| Rank | Country | Total Trade |
|---|---|---|
| — | Total, All Countries | 332.5 |
| — | Total, Top 15 Countries | 253.2 |
| 1 | China | 52.0 |
| 2 | Mexico | 48.5 |
Is UK richer than Australia?
By this measure, Australia comes out on top, with median wealth of $US191,453 ($263,822) per adult. The US has a median wealth of $US61,667 ($84,977) per adult, which puts the country at number 18, well behind others, including the UK ($US97,169), Canada ($U106,342), and New Zealand ($US98,613).
Who is China’s largest trade partner?
China’s Top Trading Partners
- United States: US$418.6 billion (16.8% of China’s total exports)
- Hong Kong: $279.6 billion (11.2%)
- Japan: $143.2 billion (5.7%)
- South Korea: $111 billion (4.4%)
- Vietnam: $98 billion (3.9%)
- Germany: $79.7 billion (3.2%)
- India: $74.9 billion (3%)
- Netherlands: $73.9 billion (3%)
8 февр. 2021 г.
What is Australia’s top 5 exports?
Top Australian Exports
- Iron ore – $48.1 billion.
- Petroleum gas – $17.6 billion.
- Gold – $16.1 billion.
- Aluminum oxide – $6.66 billion.
- Crude petroleum – $5.78 billion.
6 нояб. 2020 г.
What is Australia good at producing?
Top exports: minerals, services & energy
Australia’s top 10 exports ranked by value in FY2018–19 were: iron ore; coal; natural gas; education-related services; personal travel services (excluding education); gold; aluminium; beef; crude petroleum; and copper ore.
Does China rely on Australia?
China is Australia’s largest trading partner, with two-way trade reaching a record $252bn in 2019 and accounting for 27.4% of Australia’s trade with the world. This is far higher than that of Australia’s next largest trading partner, Japan1, where two-way trade was $88.5 billion in 2019.
What is Australia’s biggest export?
Searchable List of Australia’s Most Valuable Export Products
| Rank | Australia’s Export Product | Change |
|---|---|---|
| 1 | Iron ores, concentrates | +19.7% |
| 2 | Coal, solid fuels made from coal | -26.9% |
| 3 | Petroleum gases | -25.5% |
| 4 | Gold (unwrought) | +7.6% |
What are Australia’s top 5 imports?
Australia’s Top Ten Imports
- #1 Machinery (AUD$46.2 billion) …
- #2 Mineral fuels (AUD$43.9 billion) …
- #3 Vehicles (AUD$43.6 billion) …
- #4 Electrical machinery and equipment (AUD$37.1 billion) …
- #5 Medical/technical equipment (AUD$12 billion) …
- #6 Pharmaceuticals (AUD$11.8 billion) …
- #7 Gems and precious metals (AUD$9.5 billion)
13 янв. 2020 г.
How much trade is there between China and Australia?
Trade and investment
China is Australia’s largest two-way trading partner in goods and services, accounting for 29 per cent of our trade with the world. Two-way trade reached $251 billion in 2019-20 (up 7 per cent year on year). Our exports to China grew by 9 per cent to reach $168 billion.
Who is Europe’s biggest trading partner?
China is now the EU’s biggest trading partner, overtaking the US in 2020.
Who is the US number 1 trading partner?
List of the largest trading partners of the United States
| Rank | Country/District | Exports |
|---|---|---|
| 1 | China | 129,894 |
| 2 | Canada | 282,265 |
| 3 | Mexico | 243,314 |
| 4 | Japan | 67,605 |
Which country is the largest and closest trading partner to Canada?
List of the largest trading partners of Canada
| Rank | Territory | Exports |
|---|---|---|
| 1 | United States | 446,950.5 |
| – | European Union | 48,196.4 |
| 2 | China | 23,249.1 |
| 3 | Mexico | 7,319.4 |