What are the top 10 countries that Australia exports to?
Australia’s top ten trading partners in 2018-19 in order were China, Japan, the United States, the Republic of Korea, Singapore, New Zealand, the United Kingdom, India, Malaysia and Thailand. China remained Australia’s largest two-way trading partner in 2018-19 and was our largest export market and import source.
Which country receives most of Australia exports?
The largest trading partners
What is Australia’s #1 export?
List of exports of Australia
|#||Commodity||Value (A$ million)|
|1||Iron ores & concentrates||61,357|
What are the Top 5 Imports of goods from Australia?
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)
Which five nations are Australia’s top 5 foreign investment sources?
The United States and United Kingdom are the biggest investors in Australia, followed by Belgium, Japan and Hong Kong (SAR of China). China is our ninth largest foreign investor, with 2.0 per cent of the total.
How many exports are in Australia?
The number of exporters increased by 7% to 56,772 between 2017-18 and 2018-19. This continues the upward trend seen since 2013-14. Most of this increase was in the category of small exporters, which increased by 11% to 34,451.
What 5 countries do we import the most from?
The United States imports half of its total volume from five countries: China, Canada, Mexico, Japan, and Germany. Although the United States can manufacture goods it imports, these exporting countries have the comparative advantage over it.
What are Australia’s major exports 2020?
- Ores, slag, ash: US$91.3 billion (35.9% of total exports)
- Mineral fuels including oil: $65.4 billion (25.7%)
- Gems, precious metals: $19.6 billion (7.7%)
- Meat: $10.4 billion (4.1%)
- Inorganic chemicals: $5.2 billion (2%)
- Machinery including computers: $4.4 billion (1.7%)
- Cereals: $3.8 billion (1.5%)
What are Australia’s exports?
Australia’s main export is iron ore, followed by their other most valuables exports coal, gold, and petroleum. These exports alone rake in $48.2 billion, $47 billion, $29.1 billion, and $20.3 billion, respectively. Of course, the country also ships other noteworthy items including food, wine, and cars.
What were the top 4 export destinations?
That dollar amount reflects an 8.6% increase over the 5-year period starting in 2016 but a -7.6% decline from $18.734 trillion one year earlier during 2019. The top 10 export countries are China, United States, Germany, Japan, Netherlands, Hong Kong, South Korea, Italy, France and Belgium.
Who are Australia’s top 3 exports to?
The most recent exports are led by Iron Ore ($67.5B), Coal Briquettes ($51.5B), Petroleum Gas ($34.1B), Gold ($25.4B), and Aluminium Oxide ($5.6B). The most common destination for the exports of Australia are China ($111B), Japan ($41.5B), South Korea ($18.9B), India ($15.3B), and United Kingdom ($10.6B).
What does Australia export to China?
Iron ore, gas and coal make up the bulk of Australian exports to China (more than AUD 79 billion), but Australian service industries – led by education and tourism – are a growing part of the trade relationship.