Australia’s major goods exports to the EU were gold, coal and oil seeds, while the major imports from the EU were passenger motor vehicles, medicaments and pharmaceutical products. … Australia recorded a net goods trade deficit with the EU valued at $28.7 billion in 2016.
What products do we export to Europe?
In 2020, the top 5 EU export products were machinery and equipment (13.0 % of total exports), pharmaceutical products (11.1 %), motor vehicles (10.7 %), chemical products (8.8 %) and computer, electronic and optical products (8.4 %).
What is the major exports of Australia?
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 does Australia export to Germany?
Australia’s principle exports to Germany are gold and other precious metals, coins and agricultural products.
Is Australia an export economy?
With annual product exports of $248 billion, Australia is the 24th largest export economy in the world. Iron ore accounts for 19.4% of Australia’s total annual exports.
What gets imported from Europe?
In 2020, the top 5 EU import products were computer, electronic & optical products, crude petroleum & natural gas (both 13 % of total imports), chemicals & chemical products (7 %), machinery & equipment and motor vehicles, trailers & semi-trailers (both 6 %).
What are the top 5 countries Australia exports to?
Australia top 5 Export and Import partners
|Exporter||Trade (US$ Mil)||Partner share(%)|
What are the five main countries Australia import from?
Top import sources
|Rank||Country||Value (A$ million)|
What is Australia’s biggest import?
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)
What does Australia export to UK?
Australia’s principal merchandise exports to the UK are gold, alcoholic beverages (mainly wine), lead, and pearls and gems. The main merchandise imports from the UK are passenger motor vehicles, medicaments and alcoholic beverages.
Why does Australia import so much?
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 food does Australia export?
Top 10 Agricultural Exports Of Australia
|Rank||Major agriculture export products||% Share of Total Agricultural Exports|
|3||Meat (excl beef)||8.0|
|4||Wool & other animal hair (incl tops)||6.2|
What does Australia import from Singapore?
Major Australian exports were petroleum (crude and refined), non-monetary gold, meat, milk and cream, aircraft and parts, and food and live animals. Major imports from Singapore were refined petroleum, computers and parts, musical instruments, and integrated circuits. Services are also a key part of our exports.
Are France and Australia allies?
The two countries maintain diplomatic relations in each other’s countries. The French embassy in Australia is in Canberra, and the ambassador is Jean-Pierre Thébault. The Australian embassy in France is at 4 rue Jean-Rey, in the 15th arrondissement of Paris. Since November 2020, the ambassador has been Gillian Bird.
Is Australia allies with Russia?
Australia has a mature relationship with Russia that allows us to confront our differences directly when necessary but work constructively where our interests intersect. Bilateral contact has been limited since Russia annexed Crimea in March 2014, and the July 2014 downing of flight MH17.