1.  Overview the trade of AUSTRALIA in goods current year until 202108

According to Dalian Infobank, in 202108, AUSTRALIA's exports and imports of goods amounted to 53469.7271 million, and were up 40.08% comparing with the same period of last year. Among these, exports were up 58.94% at 32115.3082 million, and imports were up 18.86% at 21354.4189 million. And the corresponding trade surplus was 10760.8893 million and up 380.32%.

During the current year until 202108, AUSTRALIA's total exports and imports of goods were 398265.5423 million and were up 35.95% comparing to the same period of last year. Among these, exports were 229585.2132 million and up 43.20%; imports were 168680.3291 million and up 27.19%. The total trade surplus was 60904.8842 million and up 119.83%.

If considering by country (region), CHINA, JAPAN, UNITED STATES, SOUTH KOREA, SINGAPORE were AUSTRALIA's top five trading partners. During the current year until 202108, AUSTRALIA's imports and exports to five countries/territories were 143811.7565 million, 38008.6064 million, 26284.4068 million, 22421.6779 million, 13045.7079 million. These values correspond to 36.11%, 9.54%, 6.60%, 5.63%, 3.28% of AUSTRALIA's imports and exports, and, respectively, were up 41.26%, up 37.89%, up 4.48%, up 60.25%, up 56.49% comparing to the same period of last year.

Current year until 202108, AUSTRALIA and the top five trade partners CHINA, JAPAN, SOUTH KOREA, UNITED STATES, INDIA are the top five countries/territories that AUSTRALIA exports to in terms of the total export amount. During the current year until 202108, AUSTRALIA's exports to these five countries/territories were 99370.6672 million, 27308.3356 million, 16367.6204 million, 8146.8885 million, 8002.5081 million. These values correspond to 43.28%, 11.89%, 7.13%, 3.55%, 3.49% of AUSTRALIA's exports and, respectively, were up 53.11%, up 36.55%, up 63.09%, down 11.81%, up 99.54% comparing with the same period of last year.

Current year until 202108, AUSTRALIA's exports to top five countries/territories CHINA, UNITED STATES, JAPAN, GERMANY, THAILAND are the top five countries/territories that AUSTRALIA imports from in terms of the total export amount. During the current year until 202108, AUSTRALIA's imports from these five countries/territories were 44441.0893 million, 18137.5183 million, 10700.2708 million, 7820.3108 million, 7787.4547 million. These values correspond to 26.35%, 10.75%, 6.34%, 4.64%, 4.62% of AUSTRALIA's total imports and, respectively, were up 20.43%, up 13.93%, up 41.42%, up 23.26%, up 22.43% comparing with the same period of last year.

During the current year until 202108, the trade surplus of AUSTRALIA was mainly from CHINA, JAPAN, SOUTH KOREA, INDIA, TAIWAN at 54929.5780 million, 16608.0648 million, 10313.5628 million, 4266.7684 million, 4132.5010 million, and up 96.16%, up 33.59%, up 69.62%, up 158.73%, up 77.74%. And the trade deficits were mainly from UNITED STATES, GERMANY, THAILAND, ITALY, MALAYSIA at 9990.6298 million, 6057.0096 million, 4466.8207 million, 3642.9135 million, 2986.6326 million, and up 49.50%, up 29.47%, down 1.91%, up 31.87%, up 183.96%.

Current year until 202108, AUSTRALIA's trade surplus or deficit with top five countries/territories During the current year until 202108,  commodities with hs2 codes, 26, 27, 84, 87, 85, were AUSTRALIA's top five traded commodities. They correspond to the import and export values of 101858.6273 million, 66497.4190 million, 28143.2258 million, 25031.5288 million, 20762.6323 million, which were up 81.15%, up 21.38%, up 23.93%, up 69.28%, up 21.22% comparing with the same period of last year and account for 25.58%, 16.70%, 7.07%, 6.29%, 5.21% of AUSTRALIA's total imports and exports.

During the current year until 202108, 26, 27, 71, 02, 10 were AUSTRALIA's top five traded commodities, with total import and export values of 101341.0511 million, 50004.9108 million, 14509.4701 million, 6977.8713 million, 6874.3732 million. These values correspond to 44.14%, 21.78%, 6.32%, 3.04%, 2.99% of AUSTRALIA's total exports and, respectively, were up 81.30%, up 15.53%, up 22.38%, up 4.45%, up 185.76% comparing to the same period of last year.

During the current year until 202108, 84, 87, 85, 27, 30 were AUSTRALIA's top five traded commodities, with total import values of 25105.3227 million, 24100.7556 million, 18430.0018 million, 16492.5082 million, 6805.3038 million. These values correspond to 14.88%, 14.29%, 10.93%, 9.78%, 4.03% of AUSTRALIA's total exports and, respectively, were up 26.31%, up 71.43%, up 20.82%, up 43.39%, up 13.07% comparing to the same period of last year.

2. Current year until 202108, AUSTRALIA binational trade profile

According to Dalian Infobank, during the current year until 202108, AUSTRALIA-China binational exports and imports of goods amounted to 143811.7565 million and were up 41.26% comparing with the same period of last year. Among these, exports from AUSTRALIA to China were 99370.6672 million and up 53.11%, imports from China to AUSTRALIA were 44441.0893 million and up 20.43%. The total binational trade surplus was 54929.5780 million and up 96.16%.

During the urrent year until 202108, commodities with hs2 code, 26, 99, 85, 84, 71, were binational trade's top five traded commodities. They correspond to import and export values of 78123.8577 million, 9533.4769 million, 8725.8074 million, 8713.2665 million, 3240.5800 million and makes up 54.32%, 6.63%, 6.07%, 6.06%, 2.25% of the total binational imports and exports. These values were also up 86.20%, up 16.48%, up 10.85%, up 20.77%, up 3543.52% comparing to the same period last year.

During the current year until 202108, 26, 99, 71, 51, 02 were the top five traded commodities exported to China from AUSTRALIA, with export values of 78119.8930 million, 9088.6706 million, 3091.1839 million, 1422.6961 million, 1355.6291 million. These values account for 78.61%, 9.15%, 3.11%, 1.43%, 1.36% of AUSTRALIA's total exports and were up 86.21%, up 15.60%, up 188090.74%, up 73.14%, down 0.63% comparing to the same period of last year.

During the current year until 202108, 85, 84, 94, 87, 39 were AUSTRALIA's top five traded commodities importing from China , with import values of 8596.8235 million, 8568.3179 million, 2755.5156 million, 2494.5283 million, 1915.5200 million. These values account for 19.34%, 19.28%, 6.20%, 5.61%, 4.31% of AUSTRALIA's total imports and were up 10.76%, up 21.29%, up 33.35%, up 166.45%, up 15.05% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Australian Bureau of Statistics