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Monitor Report of AUSTRALIA trade and AUSTRALIA-China binational trade in 202109

 1.  Overview the trade of AUSTRALIA in goods current year until 202109

According to Dalian Infobank, in 202109AUSTRALIA's exports and imports of goods amounted to 50132.8810 million, and were up 30.89% comparing with the same period of last year. Among these, exports were up 38.28% at 28311.8132 million, and imports were up 22.41% at 21821.0678 million. And the corresponding trade surplus was 6490.7454 million and up 145.06%.

During the current year until 202109, AUSTRALIA's total exports and imports of goods were 447129.3159 million and were up 34.98% comparing to the same period of last year. Among these, exports were 257657.9065 million and up 42.51%; imports were 189471.4094 million and up 25.94%. The total trade surplus was 68186.4971 million and up 124.63%.

If considering by country (region), CHINA, JAPAN, UNITED STATES, SOUTH KOREA, SINGAPORE were AUSTRALIA's top five trading partners. During the current year until 202109, AUSTRALIA's imports and exports to five countries/territories were 160288.3356 million, 43626.4358 million, 29291.4221 million, 25441.6967 million, 15442.6462 million. These values correspond to 35.85%, 9.76%, 6.55%, 5.69%, 3.45% of AUSTRALIA's imports and exports, and, respectively, were up 38.98%, up 42.16%, up 5.14%, up 59.31%, up 63.12% comparing to the same period of last year.

Current year until 202109, AUSTRALIA and the top five trade partners CHINA, JAPAN, SOUTH KOREA, INDIA, UNITED STATES are the top five countries/territories that AUSTRALIA exports to in terms of the total export amount. During the current year until 202109, AUSTRALIA's exports to these five countries/territories were 109090.7447 million, 31846.4702 million, 18633.0883 million, 9198.4861 million, 9126.2381 million. These values correspond to 42.34%, 12.36%, 7.23%, 3.57%, 3.54% of AUSTRALIA's exports and, respectively, were up 48.95%, up 44.66%, up 64.70%, up 97.19%, down 9.17% comparing with the same period of last year.

Current year until 202109, 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 202109, AUSTRALIA's imports from these five countries/territories were 51197.5909 million, 20165.1840 million, 11779.9656 million, 8792.6055 million, 8708.9358 million. These values correspond to 27.02%, 10.64%, 6.22%, 4.64%, 4.60% of AUSTRALIA's total imports and, respectively, were up 21.62%, up 13.20%, up 35.82%, up 21.64%, up 20.85% comparing with the same period of last year.

During the current year until 202109, the trade surplus of AUSTRALIA was mainly from CHINA, JAPAN, SOUTH KOREA, INDIA, TAIWAN at 57893.1538 million, 20066.5046 million, 11824.4798 million, 4985.7078 million, 4722.6727 million, and up 85.90%, up 50.41%, up 77.62%, up 151.44%, up 81.99%. And the trade deficits were mainly from UNITED STATES, GERMANY, THAILAND, ITALY, MALAYSIA at 11038.9459 million, 6854.7298 million, 4874.5569 million, 4126.8066 million, 3263.0791 million, and up 42.15%, up 29.57%, down 5.31%, up 28.96%, up 168.47%.

Current year until 202109, AUSTRALIA's trade surplus or deficit with top five countries/territories During the current year until 202109,  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 111800.8284 million, 77561.0728 million, 31838.9441 million, 27440.2728 million, 22583.2923 million, which were up 72.04%, up 29.19%, up 23.66%, up 59.48%, up 16.57% comparing with the same period of last year and account for 25.00%, 17.35%, 7.12%, 6.14%, 5.05% of AUSTRALIA's total imports and exports.

During the current year until 202109, 26, 27, 71, 02, 10 were AUSTRALIA's top five traded commodities, with total import and export values of 111281.4060 million, 59020.9916 million, 15646.2633 million, 7965.5297 million, 7482.4803 million. These values correspond to 43.19%, 22.91%, 6.07%, 3.09%, 2.90% of AUSTRALIA's total exports and, respectively, were up 72.41%, up 24.70%, up 14.66%, up 7.97%, up 188.52% comparing to the same period of last year.

During the current year until 202109, 84, 87, 85, 27, 30 were AUSTRALIA's top five traded commodities, with total import values of 28423.7568 million, 26389.4257 million, 19949.6257 million, 18540.0812 million, 7901.8027 million. These values correspond to 15.00%, 13.93%, 10.53%, 9.79%, 4.17% of AUSTRALIA's total exports and, respectively, were up 25.81%, up 61.00%, up 15.49%, up 45.89%, up 17.06% comparing to the same period of last year.


2. Current year until 202109, AUSTRALIA binational trade profile

According to Dalian Infobank, during the current year until 202109, AUSTRALIA-China binational exports and imports of goods amounted to 160288.3356 million and were up 38.98% comparing with the same period of last year. Among these, exports from AUSTRALIA to China were 109090.7447 million and up 48.95%, imports from China to AUSTRALIA were 51197.5909 million and up 21.62%. The total binational trade surplus was 57893.1538 million and up 85.90%.

During the urrent year until 202109, 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 85363.4894 million, 10899.8727 million, 10158.9862 million, 10029.9066 million, 3376.2097 million and makes up 53.26%, 6.80%, 6.34%, 6.26%, 2.11% of the total binational imports and exports. These values were also up 76.94%, up 22.78%, up 15.11%, up 22.60%, up 3011.86% comparing to the same period last year.

During the current year until 202109, 26, 99, 71, 02, 51 were the top five traded commodities exported to China from AUSTRALIA, with export values of 85359.1531 million, 10386.5966 million, 3208.3268 million, 1548.1516 million, 1474.7027 million. These values account for 78.25%, 9.52%, 2.94%, 1.42%, 1.35% of AUSTRALIA's total exports and were up 76.94%, up 21.99%, up 85080.88%, up 4.02%, up 64.24% comparing to the same period of last year.

During the current year until 202109, 85, 84, 94, 87, 39 were AUSTRALIA's top five traded commodities importing from China , with import values of 10015.0293 million, 9870.6992 million, 3214.0390 million, 2739.4062 million, 2211.4123 million. These values account for 19.56%, 19.28%, 6.28%, 5.35%, 4.32% of AUSTRALIA's total imports and were up 15.02%, up 23.33%, up 32.68%, up 147.67%, up 16.43% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Australian Bureau of Statistics