Best answer: Who is Australia biggest trade partner?

Rank Country/District Total Trade
1 China 214,672
2 Japan 81,276
3 European Union 60,574
4 United States 44,546

Who is Australia’s main trade partner?

Profile of Australia’s trade

Australia’s top five trading partners were China, Japan, the United States, the Republic of Korea and India.

Which countries are Australia major trading partners?

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.

What are Australia’s top 5 trading partners?

Australia top 5 Export and Import partners

Exporter Trade (US$ Mil) Partner share(%)
China 57,699 24.50
United States 24,665 10.47
Japan 17,351 7.37
Germany 11,624 4.94

Who is our biggest trading partner?

List of the largest trading partners of the United States

Rank Country/District Imports
World 2,341,963
European Union 434,633
1 China 505,470
2 Canada 299,319

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%)
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8 февр. 2021 г.

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.

What country does Australia export to the most?

Top export markets

Rank Country/Region Share of overall exports
1 China 30.6%
2 Japan 13.1%
3 South Korea 5.9%
4 United States 5.3%

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%

Where does Australia make its money?

Iron ore accounts for 19.4% of Australia’s total annual exports. Key export destinations for Australia are China ($87.9 billion), Japan ($27.6 billion), South Korea ($19.2 billion), India ($18.9 billion), and the United States ($9.71 billion).

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.

What is Australia’s biggest export to China?

Australia is one of the few developed nations on Earth that exports more into China than it imports from China. In the 2018-2019 fiscal year, China took in about 32.6% of all Australian exports — that is about 153.2 billion Australian dollars ($116.79 billion). By far the largest export was iron ore.

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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 27.4 per cent of our trade with the world. Two-way trade reached a record $252 billion in 2019 (up 17.3 per cent year on year).

Who is Europe’s biggest trading partner?

China is now the EU’s biggest trading partner, overtaking the US in 2020.

What is US biggest export?

Services are the biggest US export, with total foreign sales of $778 billion last year. … These are the service industries that bring in the most money: Travel and transportation: $236 billion.

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
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