Which country receives most of Australia exports?
Table of Contents
- 1 Which country receives most of Australia exports?
- 2 What are the top 10 countries that Australia exports to?
- 3 What are Australia’s top 3 exports?
- 4 Who are Australia’s top 3 exports to?
- 5 What 5 countries do we import the most from?
- 6 What are Australia’s main imports and exports?
- 7 How important is the US to Australia’s economy?
Which country receives most of Australia exports?
The largest trading partners
| Rank | Country/District | Exports |
|---|---|---|
| 1 | China | 136,287 |
| 2 | Japan | 58,796 |
| 3 | European Union | 13,001 |
| 4 | United States | 12,943 |
Which countries are the five largest buyers of Australia’s exports?
Also shown is each import country’s percentage of total Australian exports.
- China: US$90.6 billion (43\% of total Australian exports)
- Japan: $19 billion (9\%)
- United States: $13.1 billion (6.2\%)
- South Korea: $13 billion (6.2\%)
- United Kingdom: $10.3 billion (4.9\%)
- India: $7.1 billion (3.4\%)
- New Zealand: $7 billion (3.3\%)
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.
Who is Australia’s largest export partner?
China
Today, China is Australia’s largest trading partner in terms of both imports and exports.
What are Australia’s top 3 exports?
List of exports of Australia
| # | Commodity | \% share of exports |
|---|---|---|
| 1 | Iron ores & concentrates | 15.2 |
| 2 | Coal | 15.0 |
| 3 | Education | 8.0 |
| 4 | Natural gas | 7.7 |
What is Australia’s biggest export?
iron ore
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.
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).
Which two countries receive the largest proportion of Australia’s exports?
Australia’s top five export markets remained the same in 2017-18, compared to the previous year. China was Australia’s largest export destination, receiving 30.6 per cent of our total exports. A further 29.1 per cent of total exports went to Japan, the Republic of Korea, the United States and India, collectively.
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 main agricultural exports?
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 are Australia’s main imports and exports?
China is Australia’s biggest trade partner, while Japan and the United States are among the country’s top 5 partners for both exports and imports. Coal briquettes top the exports list while refined petroleum is the most imported product. This guide gives you an overview of Australia’s economy, including the country’s primary imports and exports.
Which countries are Australia’s top trading partners?
Below is a list showcasing 15 of Australia’s top trading partners, countries that imported the most Australian shipments by dollar value during 2019. Also shown is each import country’s percentage of total Australian exports. China: US$89.2 billion (32.7\% of total Australian exports) Japan: $24.4 billion (9\%) South Korea: $13.6 billion (5\%)
How important is the US to Australia’s economy?
The United States is also integral to Australia’s economic growth, with the U.S importing nearly $13.2 worth of Aussie imports in 2018 (accounting for about 3.6\% of Australian exports). The U.S. is Australia’s most important investor, representing around 27\% of Australia’s foreign investment as of December 2018.
How much of Australia’s GDP is exported?
In macroeconomic terms, Australia’s total exported goods represent 19.4\% of its overall Gross Domestic Product for 2020 ($1.365 trillion valued in Purchasing Power Parity US dollars) compared to 20\% one year earlier.