1.  Overview the trade of AUSTRALIA in goods current year until 202203

According to Dalian Infobank, in 202203, AUSTRALIA's exports and imports of goods amounted to 60333.1621 million, and were up 20.35% comparing with the same period of last year. Among these, exports were up 17.46% at 32661.7003 million, and imports were up 23.96% at 27671.4618 million. And the corresponding trade surplus was 4990.2386 million and down 8.97%.

During the current year until 202203, AUSTRALIA's total exports and imports of goods were 166952.3239 million and were up 20.86% comparing to the same period of last year. Among these, exports were 92302.9555 million and up 19.50%; imports were 74649.3684 million and up 22.59%. The total trade surplus was 17653.5870 million and up 7.97%.

If considering by country (region), CHINA, JAPAN, SOUTH KOREA, UNITED STATES, INDIA were AUSTRALIA's top five trading partners. During the current year until 202203, AUSTRALIA's imports and exports to five countries/territories were 50536.7755 million, 20167.6715 million, 12569.9588 million, 10399.2509 million, 6708.2649 million. These values correspond to 30.27%, 12.08%, 7.53%, 6.23%, 4.02% of AUSTRALIA's imports and exports, and, respectively, were up 4.14%, up 60.13%, up 68.18%, up 12.38%, up 42.83% comparing to the same period of last year.

Current year until 202203, AUSTRALIA and the top five trade partners CHINA, JAPAN, SOUTH KOREA, INDIA, TAIWAN are the top five countries/territories that AUSTRALIA exports to in terms of the total export amount. During the current year until 202203, AUSTRALIA's exports to these five countries/territories were 29242.6128 million, 15483.0240 million, 8565.5688 million, 4396.7614 million, 3776.0710 million. These values correspond to 31.68%, 16.77%, 9.28%, 4.76%, 4.09% of AUSTRALIA's exports and, respectively, were down 7.79%, up 80.35%, up 58.21%, up 36.97%, up 68.60% comparing with the same period of last year.

Current year until 202203, AUSTRALIA's exports to top five countries/territories CHINA, UNITED STATES, JAPAN, SOUTH KOREA, SINGAPORE are the top five countries/territories that AUSTRALIA imports from in terms of the total export amount. During the current year until 202203, AUSTRALIA's imports from these five countries/territories were 21294.1628 million, 7162.2708 million, 4684.6475 million, 4004.3900 million, 3572.2591 million. These values correspond to 28.53%, 9.59%, 6.28%, 5.36%, 4.79% of AUSTRALIA's total imports and, respectively, were up 26.62%, up 14.85%, up 16.83%, up 94.37%, up 94.81% comparing with the same period of last year.

During the current year until 202203, the trade surplus of AUSTRALIA was mainly from JAPAN, CHINA, SOUTH KOREA, TAIWAN, INDIA at 10798.3765 million, 7948.4500 million, 4561.1788 million, 2294.0706 million, 2085.2579 million, and up 136.01%, down 46.63%, up 36.00%, up 77.91%, up 21.01%. And the trade deficits were mainly from UNITED STATES, GERMANY, THAILAND, ITALY, SINGAPORE at 3925.2908 million, 1963.9691 million, 1923.2326 million, 1454.2464 million, 1098.6778 million, and up 21.98%, down 7.56%, up 17.02%, up 9.86%, down 240.22%.

Current year until 202203, AUSTRALIA's trade surplus or deficit with top five countries/territories During the current year until 202203,  commodities with hs2 codes, 27, 26, 84, 87, 85, were AUSTRALIA's top five traded commodities. They correspond to the import and export values of 43661.2653 million, 26086.6948 million, 11107.9172 million, 9427.7949 million, 8055.3637 million, which were up 100.97%, down 21.31%, up 11.12%, up 5.11%, up 9.60% comparing with the same period of last year and account for 26.15%, 15.63%, 6.65%, 5.65%, 4.82% of AUSTRALIA's total imports and exports.

During the current year until 202203, 27, 26, 71, 10, 02 were AUSTRALIA's top five traded commodities, with total import and export values of 34577.6231 million, 26019.9750 million, 4650.4012 million, 3391.9696 million, 2589.9504 million. These values correspond to 37.46%, 28.19%, 5.04%, 3.67%, 2.81% of AUSTRALIA's total exports and, respectively, were up 114.31%, down 21.36%, down 26.36%, up 32.29%, up 14.88% comparing to the same period of last year.

During the current year until 202203, 84, 87, 27, 85, 30 were AUSTRALIA's top five traded commodities, with total import values of 9940.9502 million, 9093.6519 million, 9083.6422 million, 7221.4792 million, 3744.6776 million. These values correspond to 13.32%, 12.18%, 12.17%, 9.67%, 5.02% of AUSTRALIA's total exports and, respectively, were up 10.90%, up 5.18%, up 62.47%, up 10.58%, up 56.05% comparing to the same period of last year.

2. Current year until 202203, AUSTRALIA binational trade profile

According to Dalian Infobank, during the current year until 202203, AUSTRALIA-China binational exports and imports of goods amounted to 50536.7755 million and were up 4.14% comparing with the same period of last year. Among these, exports from AUSTRALIA to China were 29242.6128 million and down 7.79%, imports from China to AUSTRALIA were 21294.1628 million and up 26.62%. The total binational trade surplus was 7948.4500 million and down 46.63%.

During the urrent year until 202203, commodities with hs2 code, 26, 99, 84, 85, 71, were binational trade's top five traded commodities. They correspond to import and export values of 19267.4830 million, 4165.9241 million, 3875.2087 million, 3803.2842 million, 1878.0028 million and makes up 38.13%, 8.24%, 7.67%, 7.53%, 3.72% of the total binational imports and exports. These values were also down 25.03%, up 38.32%, up 23.89%, up 13.85%, up 772.70% comparing to the same period last year.

During the current year until 202203, 26, 99, 71, 25, 10 were the top five traded commodities exported to China from AUSTRALIA, with export values of 19261.4689 million, 3940.0900 million, 1834.2477 million, 801.5059 million, 562.4343 million. These values account for 65.87%, 13.47%, 6.27%, 2.74%, 1.92% of AUSTRALIA's total exports and were down 25.05%, up 37.73%, up 967.43%, up 465.95%, up 337.82% comparing to the same period of last year.

During the current year until 202203, 84, 85, 38, 94, 87 were AUSTRALIA's top five traded commodities importing from China , with import values of 3824.6079 million, 3767.1498 million, 1639.7419 million, 1230.7332 million, 1100.9126 million. These values account for 17.96%, 17.69%, 7.70%, 5.78%, 5.17% of AUSTRALIA's total imports and were up 24.33%, up 14.37%, up 602.63%, up 18.22%, up 28.04% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Australian Bureau of Statistics