1.  Overview the trade of AUSTRALIA in goods current year until 202209

According to Dalian Infobank, in 202209, AUSTRALIA's exports and imports of goods amounted to 61823.5359 million, and were up 24.46% comparing with the same period of last year. Among these, exports were up 26.55% at 35172.5216 million, and imports were up 21.80% at 26651.0142 million. And the corresponding trade surplus was 8521.5074 million and up 44.11%.

During the current year until 202209, AUSTRALIA's total exports and imports of goods were 544212.8990 million and were up 22.12% comparing to the same period of last year. Among these, exports were 310972.9658 million and up 21.42%; imports were 233239.9332 million and up 23.06%. The total trade surplus was 77733.0326 million and up 16.76%.

If considering by country (region), CHINA, JAPAN, SOUTH KOREA, UNITED STATES, TAIWAN were AUSTRALIA's top five trading partners. During the current year until 202209, AUSTRALIA's imports and exports to five countries/territories were 152321.3781 million, 71897.4763 million, 42590.8480 million, 33438.4446 million, 22267.3654 million. These values correspond to 27.99%, 13.21%, 7.83%, 6.14%, 4.09% of AUSTRALIA's imports and exports, and, respectively, were down 3.73%, up 65.46%, up 65.51%, up 14.14%, up 87.88% comparing to the same period of last year.

Current year until 202209, 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 202209, AUSTRALIA's exports to these five countries/territories were 89521.9107 million, 58227.2653 million, 27723.9566 million, 16033.0809 million, 15924.9743 million. These values correspond to 28.79%, 18.72%, 8.92%, 5.16%, 5.12% of AUSTRALIA's exports and, respectively, were down 16.35%, up 83.78%, up 46.53%, up 70.66%, up 91.91% comparing with the same period of last year.

Current year until 202209, 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 202209, AUSTRALIA's imports from these five countries/territories were 62799.4674 million, 23245.9047 million, 14866.8913 million, 13670.2110 million, 11009.2332 million. These values correspond to 26.92%, 9.97%, 6.37%, 5.86%, 4.72% of AUSTRALIA's total imports and, respectively, were up 22.66%, up 15.10%, up 118.25%, up 16.14%, up 59.47% comparing with the same period of last year.

During the current year until 202209, the trade surplus of AUSTRALIA was mainly from JAPAN, CHINA, SOUTH KOREA, INDIA, TAIWAN at 44557.0543 million, 26722.4432 million, 12857.0653 million, 10041.1239 million, 9582.5832 million, and up 123.77%, down 52.13%, up 6.18%, up 93.87%, up 101.99%. And the trade deficits were mainly from UNITED STATES, GERMANY, THAILAND, ITALY, UNITED KINGDOM at 13053.3649 million, 6562.3591 million, 4774.1482 million, 4732.9757 million, 2511.0848 million, and up 17.62%, down 4.53%, down 2.43%, up 14.76%, up 68.77%.

Current year until 202209, AUSTRALIA's trade surplus or deficit with top five countries/territories During the current year until 202209,  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 165814.7816 million, 78987.5063 million, 34957.2426 million, 28892.3993 million, 25306.4971 million, which were up 110.62%, down 27.84%, up 9.86%, up 5.30%, up 12.14% comparing with the same period of last year and account for 30.47%, 14.51%, 6.42%, 5.31%, 4.65% of AUSTRALIA's total imports and exports.

During the current year until 202209, 27, 26, 71, 10, 02 were AUSTRALIA's top five traded commodities, with total import and export values of 130178.1535 million, 78561.4793 million, 15232.5885 million, 10292.7624 million, 8717.0857 million. These values correspond to 41.86%, 25.26%, 4.90%, 3.31%, 2.80% of AUSTRALIA's total exports and, respectively, were up 116.59%, down 27.89%, down 2.64%, up 38.07%, up 10.56% comparing to the same period of last year.

During the current year until 202209, 27, 84, 87, 85, 30 were AUSTRALIA's top five traded commodities, with total import values of 35636.6281 million, 31329.0153 million, 27810.8215 million, 22740.0590 million, 10536.2842 million. These values correspond to 15.28%, 13.43%, 11.92%, 9.75%, 4.52% of AUSTRALIA's total exports and, respectively, were up 91.37%, up 10.24%, up 5.39%, up 14.02%, up 33.42% comparing to the same period of last year.

2. Current year until 202209, AUSTRALIA binational trade profile

According to Dalian Infobank, during the current year until 202209, AUSTRALIA-China binational exports and imports of goods amounted to 152321.3781 million and were down 3.73% comparing with the same period of last year. Among these, exports from AUSTRALIA to China were 89521.9107 million and down 16.35%, imports from China to AUSTRALIA were 62799.4674 million and up 22.66%. The total binational trade surplus was 26722.4432 million and down 52.13%.

During the urrent year until 202209, commodities with hs2 code, 26, 99, 85, 84, 25, were binational trade's top five traded commodities. They correspond to import and export values of 57920.0448 million, 12363.9963 million, 11959.7515 million, 11700.9613 million, 5000.1207 million and makes up 38.02%, 8.12%, 7.85%, 7.68%, 3.28% of the total binational imports and exports. These values were also down 30.32%, up 10.83%, up 17.73%, up 16.68%, up 574.71% comparing to the same period last year.

During the current year until 202209, 26, 99, 25, 71, 10 were the top five traded commodities exported to China from AUSTRALIA, with export values of 57911.7723 million, 11791.4886 million, 4945.3409 million, 3855.7272 million, 2000.9764 million. These values account for 64.69%, 13.17%, 5.52%, 4.31%, 2.24% of AUSTRALIA's total exports and were down 30.32%, up 10.79%, up 599.24%, up 20.18%, up 186.70% comparing to the same period of last year.

During the current year until 202209, 85, 84, 94, 87, 73 were AUSTRALIA's top five traded commodities importing from China , with import values of 11854.5794 million, 11537.8127 million, 3664.0375 million, 3557.6557 million, 2993.3992 million. These values account for 18.88%, 18.37%, 5.83%, 5.67%, 4.77% of AUSTRALIA's total imports and were up 18.37%, up 16.90%, up 14.01%, up 29.85%, up 41.39% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Australian Bureau of Statistics