1.  Overview the trade of AUSTRALIA in goods current year until 202112

According to Dalian Infobank, in 202112, AUSTRALIA's exports and imports of goods amounted to 54697.4066 million, and were up 16.13% comparing with the same period of last year. Among these, exports were up 12.48% at 29892.0067 million, and imports were up 20.85% at 24805.3998 million. And the corresponding trade surplus was 5086.6069 million and down 15.92%.

During the current year until 202112, AUSTRALIA's total exports and imports of goods were 604890.5339 million and were up 30.72% comparing to the same period of last year. Among these, exports were 343639.5175 million and up 37.00%; imports were 261251.0164 million and up 23.29%. The total trade surplus was 82388.5011 million and up 111.56%.

If considering by country (region), CHINA, JAPAN, UNITED STATES, SOUTH KOREA, SINGAPORE were AUSTRALIA's top five trading partners. During the current year until 202112, AUSTRALIA's imports and exports to five countries/territories were 206489.6464 million, 62416.0726 million, 38771.8185 million, 36247.9417 million, 21422.1332 million. These values correspond to 34.14%, 10.32%, 6.41%, 5.99%, 3.54% of AUSTRALIA's imports and exports, and, respectively, were up 27.11%, up 46.15%, up 2.44%, up 60.42%, up 59.09% comparing to the same period of last year.

Current year until 202112, 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 202112, AUSTRALIA's exports to these five countries/territories were 133090.9268 million, 46554.5023 million, 26407.2963 million, 14118.9269 million, 12150.2194 million. These values correspond to 38.73%, 13.55%, 7.68%, 4.11%, 3.54% of AUSTRALIA's exports and, respectively, were up 31.48%, up 55.07%, up 64.40%, up 104.61%, down 7.37% comparing with the same period of last year.

Current year until 202112, 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 202112, AUSTRALIA's imports from these five countries/territories were 73398.7196 million, 26621.5991 million, 15861.5703 million, 11863.2464 million, 11267.2624 million. These values correspond to 28.10%, 10.19%, 6.07%, 4.54%, 4.31% of AUSTRALIA's total imports and, respectively, were up 19.90%, up 7.65%, up 25.04%, up 16.24%, up 14.78% comparing with the same period of last year.

During the current year until 202112, the trade surplus of AUSTRALIA was mainly from CHINA, JAPAN, SOUTH KOREA, INDIA, TAIWAN at 59692.2072 million, 30692.9320 million, 16566.6509 million, 7720.1338 million, 6998.8719 million, and up 49.20%, up 77.05%, up 73.84%, up 158.84%, up 113.48%. And the trade deficits were mainly from UNITED STATES, GERMANY, THAILAND, ITALY, MALAYSIA at 14471.3797 million, 8613.3338 million, 6819.3512 million, 5311.1203 million, 4110.7522 million, and up 24.61%, up 19.39%, down 8.52%, up 16.62%, up 94.88%.

Current year until 202112, AUSTRALIA's trade surplus or deficit with top five countries/territories During the current year until 202112,  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 132355.8784 million, 120807.9601 million, 43188.3481 million, 35943.8553 million, 31730.8539 million, which were up 40.02%, up 54.92%, up 19.18%, up 37.83%, up 13.87% comparing with the same period of last year and account for 21.88%, 19.97%, 7.14%, 5.94%, 5.25% of AUSTRALIA's total imports and exports.

During the current year until 202112, 26, 27, 71, 02, 10 were AUSTRALIA's top five traded commodities, with total import and export values of 131411.1689 million, 94032.2023 million, 20643.4458 million, 11046.2960 million, 9838.8708 million. These values correspond to 38.24%, 27.36%, 6.01%, 3.21%, 2.86% of AUSTRALIA's total exports and, respectively, were up 39.87%, up 53.51%, up 5.36%, up 10.22%, up 160.72% comparing to the same period of last year.

During the current year until 202112, 84, 87, 85, 27, 30 were AUSTRALIA's top five traded commodities, with total import values of 38577.4749 million, 34517.1686 million, 28170.8198 million, 26775.7578 million, 10998.8836 million. These values correspond to 14.77%, 13.21%, 10.78%, 10.25%, 4.21% of AUSTRALIA's total exports and, respectively, were up 20.78%, up 38.47%, up 13.58%, up 60.08%, up 22.28% comparing to the same period of last year.

2. Current year until 202112, AUSTRALIA binational trade profile

According to Dalian Infobank, during the current year until 202112, AUSTRALIA-China binational exports and imports of goods amounted to 206489.6464 million and were up 27.11% comparing with the same period of last year. Among these, exports from AUSTRALIA to China were 133090.9268 million and up 31.48%, imports from China to AUSTRALIA were 73398.7196 million and up 19.90%. The total binational trade surplus was 59692.2072 million and up 49.20%.

During the urrent year until 202112, 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 97816.5515 million, 16597.2680 million, 15032.0523 million, 14314.3157 million, 5430.3248 million and makes up 47.37%, 8.04%, 7.28%, 6.93%, 2.63% of the total binational imports and exports. These values were also up 40.34%, up 42.73%, up 12.94%, up 22.04%, up 3102.53% comparing to the same period last year.

During the current year until 202112, 26, 99, 71, 02, 51 were the top five traded commodities exported to China from AUSTRALIA, with export values of 97811.6239 million, 15855.7009 million, 5197.2759 million, 2138.1751 million, 1922.6213 million. These values account for 73.49%, 11.91%, 3.91%, 1.61%, 1.44% of AUSTRALIA's total exports and were up 40.34%, up 42.57%, up 104023.67%, up 6.00%, up 52.31% comparing to the same period of last year.

During the current year until 202112, 85, 84, 94, 87, 39 were AUSTRALIA's top five traded commodities importing from China , with import values of 14840.3113 million, 14104.1314 million, 4695.6029 million, 3791.4389 million, 3142.2640 million. These values account for 20.22%, 19.22%, 6.40%, 5.17%, 4.28% of AUSTRALIA's total imports and were up 12.95%, up 22.66%, up 27.98%, up 115.73%, up 15.73% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Australian Bureau of Statistics