1.  Overview the trade of AUSTRALIA in goods current year until 202110

According to Dalian Infobank, in 202110, AUSTRALIA's exports and imports of goods amounted to 49400.6863 million, and were up 21.29% comparing with the same period of last year. Among these, exports were up 27.79% at 27431.5880 million, and imports were up 14.06% at 21969.0984 million. And the corresponding trade surplus was 5462.4896 million and up 147.66%.

During the current year until 202110, AUSTRALIA's total exports and imports of goods were 495909.4217 million and were up 33.32% comparing to the same period of last year. Among these, exports were 284428.3727 million and up 40.62%; imports were 211481.0489 million and up 24.61%. The total trade surplus was 72947.3238 million and up 124.04%.

If considering by country (region), CHINA, JAPAN, UNITED STATES, SOUTH KOREA, SINGAPORE were AUSTRALIA's top five trading partners. During the current year until 202110, AUSTRALIA's imports and exports to five countries/territories were 174758.2953 million, 48935.4312 million, 32330.6281 million, 28709.3162 million, 17736.0432 million. These values correspond to 35.24%, 9.87%, 6.52%, 5.79%, 3.58% of AUSTRALIA's imports and exports, and, respectively, were up 34.41%, up 42.47%, up 5.52%, up 58.23%, up 66.80% comparing to the same period of last year.

Current year until 202110, 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 202110, AUSTRALIA's exports to these five countries/territories were 117028.2563 million, 36073.2663 million, 21043.1726 million, 10709.0134 million, 10140.4624 million. These values correspond to 41.15%, 12.68%, 7.40%, 3.77%, 3.57% of AUSTRALIA's exports and, respectively, were up 42.70%, up 48.56%, up 62.62%, up 100.45%, down 6.70% comparing with the same period of last year.

Current year until 202110, AUSTRALIA's exports to top five countries/territories CHINA, UNITED STATES, JAPAN, THAILAND, GERMANY are the top five countries/territories that AUSTRALIA imports from in terms of the total export amount. During the current year until 202110, AUSTRALIA's imports from these five countries/territories were 57730.0391 million, 22190.1657 million, 12862.1649 million, 9632.4850 million, 9575.4133 million. These values correspond to 27.30%, 10.49%, 6.08%, 4.55%, 4.53% of AUSTRALIA's total imports and, respectively, were up 20.26%, up 12.24%, up 27.79%, up 17.55%, up 19.07% comparing with the same period of last year.

During the current year until 202110, the trade surplus of AUSTRALIA was mainly from CHINA, JAPAN, SOUTH KOREA, INDIA, TAIWAN at 59298.2172 million, 23211.1014 million, 13377.0289 million, 5915.4920 million, 5539.4995 million, and up 74.38%, up 63.26%, up 72.94%, up 164.38%, up 95.07%. And the trade deficits were mainly from UNITED STATES, GERMANY, THAILAND, ITALY, MALAYSIA at 12049.7034 million, 7415.6350 million, 5509.5262 million, 4457.1806 million, 3717.6916 million, and up 35.36%, up 23.53%, down 6.80%, up 24.89%, up 134.46%.

Current year until 202110, AUSTRALIA's trade surplus or deficit with top five countries/territories During the current year until 202110,  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 118314.2645 million, 90823.7087 million, 35312.7499 million, 29786.7280 million, 25312.7805 million, which were up 59.55%, up 38.52%, up 22.10%, up 49.72%, up 15.19% comparing with the same period of last year and account for 23.86%, 18.31%, 7.12%, 6.01%, 5.10% of AUSTRALIA's total imports and exports.

During the current year until 202110, 26, 27, 71, 02, 10 were AUSTRALIA's top five traded commodities, with total import and export values of 117713.2078 million, 69577.8809 million, 17419.8540 million, 8977.7900 million, 8158.6255 million. These values correspond to 41.39%, 24.46%, 6.12%, 3.16%, 2.87% of AUSTRALIA's total exports and, respectively, were up 59.77%, up 34.83%, up 14.83%, up 9.08%, up 197.37% comparing to the same period of last year.

During the current year until 202110, 84, 87, 85, 27, 30 were AUSTRALIA's top five traded commodities, with total import values of 31539.0741 million, 28613.5429 million, 22382.8464 million, 21245.8278 million, 8956.4346 million. These values correspond to 14.91%, 13.53%, 10.58%, 10.05%, 4.24% of AUSTRALIA's total exports and, respectively, were up 24.06%, up 50.83%, up 14.26%, up 52.14%, up 17.96% comparing to the same period of last year.

2. Current year until 202110, AUSTRALIA binational trade profile

According to Dalian Infobank, during the current year until 202110, AUSTRALIA-China binational exports and imports of goods amounted to 174758.2953 million and were up 34.41% comparing with the same period of last year. Among these, exports from AUSTRALIA to China were 117028.2563 million and up 42.70%, imports from China to AUSTRALIA were 57730.0391 million and up 20.26%. The total binational trade surplus was 59298.2172 million and up 74.38%.

During the urrent year until 202110, 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 89683.8668 million, 12593.3916 million, 11558.5381 million, 11281.3827 million, 4126.1993 million and makes up 51.32%, 7.21%, 6.61%, 6.46%, 2.36% of the total binational imports and exports. These values were also up 63.61%, up 30.36%, up 14.24%, up 22.22%, up 3065.12% comparing to the same period last year.

During the current year until 202110, 26, 99, 71, 02, 51 were the top five traded commodities exported to China from AUSTRALIA, with export values of 89679.2585 million, 12013.1129 million, 3940.5572 million, 1736.6341 million, 1627.2338 million. These values account for 76.63%, 10.27%, 3.37%, 1.48%, 1.39% of AUSTRALIA's total exports and were up 63.62%, up 29.82%, up 91465.14%, up 5.15%, up 63.45% comparing to the same period of last year.

During the current year until 202110, 85, 84, 94, 87, 39 were AUSTRALIA's top five traded commodities importing from China , with import values of 11393.5711 million, 11107.9768 million, 3642.8315 million, 3050.1615 million, 2484.3861 million. These values account for 19.74%, 19.24%, 6.31%, 5.28%, 4.30% of AUSTRALIA's total imports and were up 14.20%, up 22.91%, up 29.42%, up 136.22%, up 16.11% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Australian Bureau of Statistics