1.  Overview the trade of AUSTRALIA in goods current year until 202206

According to Dalian Infobank, in 202206, AUSTRALIA's exports and imports of goods amounted to 65935.9654 million, and were up 21.97% comparing with the same period of last year. Among these, exports were up 23.15% at 38854.5608 million, and imports were up 20.31% at 27081.4047 million. And the corresponding trade surplus was 11773.1561 million and up 30.22%.

During the current year until 202206, AUSTRALIA's total exports and imports of goods were 358055.7480 million and were up 22.83% comparing to the same period of last year. Among these, exports were 205733.0456 million and up 23.80%; imports were 152322.7023 million and up 21.55%. The total trade surplus was 53410.3433 million and up 30.69%.

If considering by country (region), CHINA, JAPAN, SOUTH KOREA, UNITED STATES, INDIA were AUSTRALIA's top five trading partners. During the current year until 202206, AUSTRALIA's imports and exports to five countries/territories were 102019.7986 million, 44645.7505 million, 27475.8989 million, 21943.7613 million, 15581.7119 million. These values correspond to 28.49%, 12.47%, 7.67%, 6.13%, 4.35% of AUSTRALIA's imports and exports, and, respectively, were down 3.04%, up 68.10%, up 68.23%, up 13.88%, up 80.36% comparing to the same period of last year.

Current year until 202206, 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 202206, AUSTRALIA's exports to these five countries/territories were 61575.9268 million, 35670.9375 million, 18265.6924 million, 11184.3629 million, 9244.8360 million. These values correspond to 29.93%, 17.34%, 8.88%, 5.44%, 4.49% of AUSTRALIA's exports and, respectively, were down 14.21%, up 92.01%, up 54.52%, up 88.58%, up 86.58% comparing with the same period of last year.

Current year until 202206, AUSTRALIA's exports to top five countries/territories CHINA, UNITED STATES, SOUTH KOREA, JAPAN, SINGAPORE are the top five countries/territories that AUSTRALIA imports from in terms of the total export amount. During the current year until 202206, AUSTRALIA's imports from these five countries/territories were 40443.8718 million, 15132.7866 million, 9210.2065 million, 8974.8129 million, 7594.1421 million. These values correspond to 26.55%, 9.93%, 6.05%, 5.89%, 4.99% of AUSTRALIA's total imports and, respectively, were up 20.95%, up 12.95%, up 104.16%, up 12.45%, up 84.65% comparing with the same period of last year.

During the current year until 202206, the trade surplus of AUSTRALIA was mainly from JAPAN, CHINA, SOUTH KOREA, INDIA, TAIWAN at 26696.1246 million, 21132.0550 million, 9055.4859 million, 6787.0140 million, 5178.2551 million, and up 151.93%, down 44.88%, up 23.88%, up 110.65%, up 85.64%. And the trade deficits were mainly from UNITED STATES, GERMANY, THAILAND, ITALY, MALAYSIA at 8321.8119 million, 4178.9946 million, 2999.3984 million, 2986.4200 million, 1778.8224 million, and up 10.54%, down 3.70%, down 11.78%, up 9.22%, down 23.85%.

Current year until 202206, AUSTRALIA's trade surplus or deficit with top five countries/territories During the current year until 202206,  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 104946.6531 million, 56294.6533 million, 22917.7981 million, 18721.5093 million, 16411.7294 million, which were up 128.54%, down 25.06%, up 9.91%, down 1.22%, up 9.24% comparing with the same period of last year and account for 29.31%, 15.72%, 6.40%, 5.23%, 4.58% of AUSTRALIA's total imports and exports.

During the current year until 202206, 27, 26, 71, 10, 02 were AUSTRALIA's top five traded commodities, with total import and export values of 82465.9742 million, 55976.9127 million, 9980.3661 million, 6834.8837 million, 5639.0845 million. These values correspond to 40.08%, 27.21%, 4.85%, 3.32%, 2.74% of AUSTRALIA's total exports and, respectively, were up 143.67%, down 25.20%, down 9.77%, up 29.02%, up 13.63% comparing to the same period of last year.

During the current year until 202206, 27, 84, 87, 85, 30 were AUSTRALIA's top five traded commodities, with total import values of 22480.6789 million, 20501.2967 million, 18011.6849 million, 14737.7592 million, 7351.8636 million. These values correspond to 14.76%, 13.46%, 11.82%, 9.68%, 4.83% of AUSTRALIA's total exports and, respectively, were up 86.13%, up 10.14%, down 1.41%, up 10.94%, up 49.03% comparing to the same period of last year.

2. Current year until 202206, AUSTRALIA binational trade profile

According to Dalian Infobank, during the current year until 202206, AUSTRALIA-China binational exports and imports of goods amounted to 102019.7986 million and were down 3.04% comparing with the same period of last year. Among these, exports from AUSTRALIA to China were 61575.9268 million and down 14.21%, imports from China to AUSTRALIA were 40443.8718 million and up 20.95%. The total binational trade surplus was 21132.0550 million and down 44.88%.

During the urrent year until 202206, commodities with hs2 code, 26, 99, 84, 85, 25, were binational trade's top five traded commodities. They correspond to import and export values of 41595.5951 million, 8274.9923 million, 7656.5464 million, 7629.4818 million, 2657.9026 million and makes up 40.77%, 8.11%, 7.50%, 7.48%, 2.61% of the total binational imports and exports. These values were also down 27.83%, up 29.11%, up 20.29%, up 14.51%, up 582.84% comparing to the same period last year.

During the current year until 202206, 26, 99, 25, 71, 10 were the top five traded commodities exported to China from AUSTRALIA, with export values of 41588.8647 million, 7861.5759 million, 2623.7998 million, 2312.8562 million, 1343.8356 million. These values account for 67.54%, 12.77%, 4.26%, 3.76%, 2.18% of AUSTRALIA's total exports and were down 27.83%, up 29.21%, up 617.60%, up 47.83%, up 252.26% comparing to the same period of last year.

During the current year until 202206, 85, 84, 94, 38, 87 were AUSTRALIA's top five traded commodities importing from China , with import values of 7562.4926 million, 7554.4342 million, 2327.7595 million, 1962.2672 million, 1951.5322 million. These values account for 18.70%, 18.68%, 5.76%, 4.85%, 4.83% of AUSTRALIA's total imports and were up 15.13%, up 20.75%, up 15.07%, up 418.79%, up 8.19% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Australian Bureau of Statistics