What does Australia export and import?

Iron ore and other ores ($38.8 billion—23.5% of the total exports) Gold and other precious metals ($16.1 billion—6.3% of the total exports) … Wheat and cereals ($4.9 billion—1.9% of the total exports) Machinery including computers ($4.8 billion—1.9% of the total exports) Aluminum ($3.8 billion—1.5% of the total exports)

What are Australia’s main exports?

The 10 Biggest Exporting Industries in Australia

  • Iron Ore Mining in Australia. …
  • Oil and Gas Extraction in Australia. …
  • Coal Mining in Australia. …
  • Liquefied Natural Gas Production in Australia. …
  • Gold and Other Non-Ferrous Metal Processing in Australia. …
  • Meat Processing in Australia. …
  • Grain Growing in Australia.

What are Australia’s main imports?

Australia imports mainly machinery and transport equipment (40 percent of total imports), of which road vehicles account for 12 percent, industrial machinery for 6 percent, electrical machinery for 5 percent and telecommunications and sound recording for 5 percent.

What are Australia’s top 10 imports and exports?

Australia’s Top 10 Imports and Exports: Where Does Your Industry…

  • #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)
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What are Australia’s top 10 imports?

Top 10

  • Machinery including computers: US$30.7 billion (15.1% of total imports)
  • Electrical machinery, equipment: $24.1 billion (11.9%)
  • Vehicles: $23.9 billion (11.8%)
  • Mineral fuels including oil: $16.9 billion (8.3%)
  • Pharmaceuticals: $8.7 billion (4.3%)
  • Gems, precious metals: $8.7 billion (4.3%)

Why does Australia import?

The main drivers of Australian imports are therefore likely to be Australian incomes, prices of imported goods relative to domestically produced goods, and gradual changes to the structure of the Australian economy and changes in tastes.

What are the five main countries Australia import from?

Australia top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China 102,996 38.67
Japan 39,455 14.81
Korea, Rep. 17,464 6.56
United Kingdom 10,570 3.97

What are Australia’s top 3 exports?

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).

Does Australia import or export milk?

Australia imports some milk which makes up around 2% of the total volume of dairy product imports. … In other cases, it is in bulk which is added to make new products that are destined for either the local or export market. Cheese imports (especially speciality cheeses) remain our biggest dairy import.

Why does Australia export?

There are also non-economic reasons why exports are good for Australia. Exports create closer links between Australia and the rest of the world. They help create personal as well as business relationships between Australians and people overseas. By doing so they can assist Australia’s international relations.

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What is Australia known for?

Australia is world famous for its natural wonders and wide open spaces, its beaches, deserts, “the bush”, and “the Outback”. Australia is one of the world’s most highly urbanised countries; it is well known for the attractions of its large cities such as Sydney, Melbourne, Brisbane, and Perth.

What food does Australia import?

Australia is now a net importer (that is, we import more than we export) in six food categories: seafood, processed fruit and vegetables, soft drink, cordials and syrup, confectionary, bakery products and oils and fats. Some of the insights in the Story Map are surprising.

What are Australia’s major exports 2020?

Top 10

  • 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 food does Australia export?

Top 10 Agricultural Exports Of Australia

Rank Major agriculture export products % Share of Total Agricultural Exports
1 Beef 19.9
2 Wheat 12.5
3 Meat (excl beef) 8.0
4 Wool & other animal hair (incl tops) 6.2

What is Australia’s most valuable export?

Despite the fall in iron ore prices and the correspondent drop in export revenue, iron ore remains Australia’s largest export, followed by coal. These two commodities alone represent over a quarter of all export earnings.

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.

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