Asked by: Baudelia Jossetbusiness and finance metals industry
Who does Australia trade with?
Last Updated: 12th March, 2020
|Rank||Importer||2019 Australian Exports|
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In this manner, what countries do Australia trade with?
Here are Australia's top ten two-way trade partners.
- China. Major exports include iron ore, coal and gold.
- Japan. Major exports include coal, iron ore and beef.
- United States. Major exports include beef, aircraft and spacecraft parts, and alcoholic beverages.
- New Zealand.
- United Kingdom.
Similarly, who does Australia not trade with? Largest trading partners
In this manner, who does Australia export to?
The top export destinations of Australia are China ($85B), Japan ($34.6B), South Korea ($18B), India ($14.8B) and Hong Kong ($14.2B).
What does Australia export to China?
Iron ore and coal are Australia's key exports, together worth more than $120 billion — or 30 per cent of what gets sold to foreign countries. Exports to China have surged 56 per cent since 2012-13. In comparison, the next biggest export market, Japan, grew by just 6 per cent in the last five years.