List of the largest trading partners of Australia

This is a list of the largest trading partners of Australia. According to data obtained in the 2018 calendar year, China was the largest partner followed by Japan and the European Union.[1]

The largest trading partnersEdit

The ten largest trading partners of Australia with their total trade (sum of imports and exports) in millions of Australian dollars and the total trade for all countries for the 2018 calendar year were as follows:[2]

Rank Country/District Exports Imports Total Trade Trade Balance
1   China 136,287 78,321 214,672 57,966
2   Japan 58,796 26,967 81,276 31,829
3   European Union 13,001 47,573 60,574 −34,572
4   United States 12,943 31,603 44,546 −18,660
5   South Korea 26,646 14,302 40,948 12,344
6   Singapore 14,968 17,275 32,243 −2,307
7   India 22,316 8,093 30,409 14,223
8   New Zealand 15,039 14,224 29,263 815
9   United Kingdom 10,521 16,426 26,947 −5,905
10   Thailand 7,827 17,900 25,727 −10,073
Total all countries [3] 325,625 258,341 583,966 67,284

Top export marketsEdit

The 15 largest export markets of Australia in millions of Australian dollars for the 2019–20 financial year were as follows:[4]

Rank Country/Region Value (A$ million) Share of overall exports
1   China[clarification needed] 158,734 36.4%
2   Japan 46,558 10.7%
3   United States 27,457 6.3%
4   South Korea 25,095 5.8%
5   United Kingdom 18,773 4.3%
6   India 17,042 3.9%
7   Singapore 15,984 3.7%
8   New Zealand 13,775 3.2%
9   Taiwan 10,743 2.5%
10   Hong Kong 9,296 2.1%
11   Malaysia 8,755 2.0%
12   Vietnam 7,976 1.8%
13   Indonesia 7,141 1.6%
14   Germany 4,890 1.1%
15   Thailand 4,736 1.1%
16    Switzerland 3,318 0.8%
17   Netherlands 3,310 0.8%
18   Philippines 3,170 0.7%
19   United Arab Emirates 3,112 0.7%
20     Nepal 2,837 0.7%

Top import sourcesEdit

The 15 largest import sources to Australia in millions of Australian dollars for the 2018–19 financial year were as follows:[5]

Rank Country Value (A$ million) Share of overall imports
1   China 81,777 19.4%
2   United States 51,638 12.3%
3   Japan 26,802 6.4%
4   Germany 18,870 4.5%
5   Thailand 17,336 4.1%
6   United Kingdom 16,860 4.0%
7   Singapore 16,735 4.0%
8   New Zealand 14,598 3.5%
9   South Korea 13,623 3.2%
10   Malaysia 13,574 3.2%
11   Italy 9,770 2.3%
12   Indonesia 9,470 2.2%
13   France 8,222 2.0%
14   Vietnam 7,858 1.9%
15   India 7,505 1.8%

See alsoEdit

ReferencesEdit

  1. ^ "Australia - Trade - European Commission". ec.europa.eu. Retrieved 5 January 2021.
  2. ^ "Australia's Trade at a Glance: Australia's Top 10 Two-way trading partners". Australian Government: Department of Foreign Affairs and Trade. Retrieved 14 December 2016.
  3. ^ "Australia's trade in goods and services 2016". Australian Government: Department of Foreign Affairs and Trade. Retrieved 7 March 2020.
  4. ^ "Trade time series data". Australian Government Department of Foreign Affairs and Trade. Retrieved 27 August 2021.
  5. ^ "Composition of Trade Australia 2018–19" (PDF). Department of Foreign Affairs and Trade. pp. 21–22. Retrieved 7 March 2020.