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Monitor Report of AUSTRALIA trade and AUSTRALIA-China binational trade in 202011

 1.  Overview the trade of AUSTRALIA in goods current year until 202011

According to Dalian Infobank, in 202011AUSTRALIA's exports and imports of goods amounted to 43487.6346 million, and were up 8.45% comparing with the same period of last year. Among these, exports were up 0.62% at 21853.1704 million, and imports were up 17.72% at 21634.4642 million. And the corresponding trade surplus was 218.7062 million and down 93.45%.

During the current year until 202011, AUSTRALIA's total exports and imports of goods were 415116.3299 million and were down 7.84% comparing to the same period of last year. Among these, exports were 224069.6557 million and down 9.47%; imports were 191046.6742 million and down 5.84%. The total trade surplus was 33022.9815 million and down 25.99%.

If considering by country (region), CHINA, JAPAN, UNITED STATES, SOUTH KOREA, UNITED KINGDOM were AUSTRALIA's top five trading partners. During the current year until 202011, AUSTRALIA's imports and exports to five countries/territories were 144864.3775 million, 38209.4610 million, 34399.8479 million, 20366.8850 million, 13953.3637 million. These values correspond to 34.90%, 9.20%, 8.29%, 4.91%, 3.36% of AUSTRALIA's imports and exports, and, respectively, were down 0.81%, down 24.21%, up 6.17%, down 14.16%, down 6.65% comparing to the same period of last year.

Current year until 202011, AUSTRALIA and the top five trade partners CHINA, JAPAN, SOUTH KOREA, UNITED STATES, UNITED KINGDOM are the top five countries/territories that AUSTRALIA exports to in terms of the total export amount. During the current year until 202011, AUSTRALIA's exports to these five countries/territories were 90129.8862 million, 26899.0872 million, 14502.6537 million, 11726.5502 million, 9450.1406 million. These values correspond to 40.22%, 12.00%, 6.47%, 5.23%, 4.22% of AUSTRALIA's exports and, respectively, were down 4.02%, down 25.52%, down 8.12%, up 25.11%, down 6.75% comparing with the same period of last year.

Current year until 202011, 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 202011, AUSTRALIA's imports from these five countries/territories were 54734.4912 million, 22673.2977 million, 11310.3739 million, 9144.3899 million, 8956.9949 million. These values correspond to 28.65%, 11.87%, 5.92%, 4.79%, 4.69% of AUSTRALIA's total imports and, respectively, were up 4.96%, down 1.54%, down 20.90%, down 7.89%, down 8.71% comparing with the same period of last year.

During the current year until 202011, the trade surplus of AUSTRALIA was mainly from CHINA, JAPAN, SOUTH KOREA, UNITED KINGDOM, HONG KONG at 35395.3950 million, 15588.7133 million, 8638.4224 million, 4946.9175 million, 3525.7740 million, and down 15.23%, down 28.54%, up 10.17%, down 7.03%, down 15.11%. And the trade deficits were mainly from UNITED STATES, THAILAND, GERMANY, ITALY, FRANCE at 10946.7475 million, 6658.4837 million, 6611.2459 million, 4035.7314 million, 2647.8160 million, and down 19.84%, down 6.07%, down 17.33%, down 5.68%, down 10.44%.

Current year until 202011, AUSTRALIA's trade surplus or deficit with top five countries/territories During the current year until 202011,  commodities with hs2 codes, 26, 27, 84, 71, 85, were AUSTRALIA's top five traded commodities. They correspond to the import and export values of 82697.7760 million, 71575.4176 million, 32621.8382 million, 25322.9606 million, 25154.6166 million, which were up 13.79%, down 32.34%, down 1.45%, up 11.71%, down 3.90% comparing with the same period of last year and account for 19.92%, 17.24%, 7.86%, 6.10%, 6.06% of AUSTRALIA's total imports and exports.

During the current year until 202011, 26, 27, 71, 02, 28 were AUSTRALIA's top five traded commodities, with total import and export values of 82165.0635 million, 56151.0344 million, 17368.1101 million, 9134.5190 million, 4639.2960 million. These values correspond to 36.67%, 25.06%, 7.75%, 4.08%, 2.07% of AUSTRALIA's total exports and, respectively, were up 13.78%, down 30.38%, up 5.49%, down 10.40%, down 20.46% comparing to the same period of last year.

During the current year until 202011, 84, 85, 87, 27, 30 were AUSTRALIA's top five traded commodities, with total import values of 28733.3460 million, 22410.1463 million, 21833.9946 million, 15424.3832 million, 8347.9335 million. These values correspond to 15.04%, 11.73%, 11.43%, 8.07%, 4.37% of AUSTRALIA's total exports and, respectively, were down 0.02%, down 2.75%, down 14.46%, down 38.61%, up 5.62% comparing to the same period of last year.


2. Current year until 202011, AUSTRALIA binational trade profile

According to Dalian Infobank, during the current year until 202011, AUSTRALIA-China binational exports and imports of goods amounted to 144864.3775 million and were down 0.81% comparing with the same period of last year. Among these, exports from AUSTRALIA to China were 90129.8862 million and down 4.02%, imports from China to AUSTRALIA were 54734.4912 million and up 4.96%. The total binational trade surplus was 35395.3950 million and down 15.23%.

During the urrent year until 202011, commodities with hs2 code, 26, 85, 99, 84, 27, were binational trade's top five traded commodities. They correspond to import and export values of 60922.7531 million, 11873.0108 million, 10610.3913 million, 10476.8462 million, 7827.2945 million and makes up 42.06%, 8.20%, 7.32%, 7.23%, 5.40% of the total binational imports and exports. These values were also up 12.86%, down 2.92%, down 21.75%, up 8.91%, down 33.52% comparing to the same period last year.

During the current year until 202011, 26, 99, 27, 02, 74 were the top five traded commodities exported to China from AUSTRALIA, with export values of 60917.4876 million, 10153.4114 million, 6388.9575 million, 1823.0529 million, 1203.1519 million. These values account for 67.59%, 11.27%, 7.09%, 2.02%, 1.33% of AUSTRALIA's total exports and were up 12.86%, down 22.43%, down 32.29%, down 24.79%, up 19.24% comparing to the same period of last year.

During the current year until 202011, 85, 84, 94, 39, 62 were AUSTRALIA's top five traded commodities importing from China , with import values of 11717.6812 million, 10266.5375 million, 3250.1878 million, 2426.0830 million, 2185.8121 million. These values account for 21.41%, 18.76%, 5.94%, 4.43%, 3.99% of AUSTRALIA's total imports and were down 2.56%, up 9.60%, up 7.45%, up 18.14%, up 5.93% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Australian Bureau of Statistics