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Monitor Report of AUSTRALIA trade and AUSTRALIA-China binational trade in 202012

 1.  Overview the trade of AUSTRALIA in goods current year until 202012

According to Dalian Infobank, in 202012AUSTRALIA's exports and imports of goods amounted to 46788.5793 million, and were up 11.43% comparing with the same period of last year. Among these, exports were up 12.19% at 26295.0518 million, and imports were up 10.47% at 20493.5275 million. And the corresponding trade surplus was 5801.5243 million and up 18.70%.

During the current year until 202012, AUSTRALIA's total exports and imports of goods were 461904.9093 million and were down 6.19% comparing to the same period of last year. Among these, exports were 250364.7075 million and down 7.60%; imports were 211540.2017 million and down 4.47%. The total trade surplus was 38824.5058 million and down 21.58%.

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 202012, AUSTRALIA's imports and exports to five countries/territories were 161400.7162 million, 42900.8465 million, 37840.5550 million, 22466.5123 million, 15345.1528 million. These values correspond to 34.94%, 9.29%, 8.19%, 4.86%, 3.32% of AUSTRALIA's imports and exports, and, respectively, were up 0.91%, down 21.86%, up 4.36%, down 14.35%, down 2.49% comparing to the same period of last year.

Current year until 202012, 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 202012, AUSTRALIA's exports to these five countries/territories were 100171.4659 million, 30222.9372 million, 15935.2355 million, 13124.4141 million, 10303.9249 million. These values correspond to 40.01%, 12.07%, 6.36%, 5.24%, 4.12% of AUSTRALIA's exports and, respectively, were down 2.79%, down 23.39%, down 9.31%, up 27.89%, down 2.09% comparing with the same period of last year.

Current year until 202012, 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 202012, AUSTRALIA's imports from these five countries/territories were 61229.2504 million, 24716.1408 million, 12677.9093 million, 10206.7245 million, 9811.4500 million. These values correspond to 28.94%, 11.68%, 5.99%, 4.82%, 4.64% of AUSTRALIA's total imports and, respectively, were up 7.63%, down 4.92%, down 17.94%, down 4.27%, down 6.94% comparing with the same period of last year.

During the current year until 202012, the trade surplus of AUSTRALIA was mainly from CHINA, JAPAN, SOUTH KOREA, UNITED KINGDOM, HONG KONG at 38942.2155 million, 17545.0279 million, 9403.9588 million, 5262.6969 million, 4009.2184 million, and down 15.64%, down 26.90%, up 5.52%, down 0.90%, down 16.77%. And the trade deficits were mainly from UNITED STATES, THAILAND, GERMANY, ITALY, FRANCE at 11591.7267 million, 7454.7690 million, 7204.7445 million, 4549.6422 million, 2892.7736 million, and down 26.33%, down 1.43%, down 14.54%, down 3.38%, down 11.37%.

Current year until 202012, AUSTRALIA's trade surplus or deficit with top five countries/territories During the current year until 202012,  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 93575.2602 million, 78280.7636 million, 36246.7881 million, 28352.4233 million, 27874.2391 million, which were up 16.70%, down 32.31%, down 0.10%, up 15.00%, down 2.03% comparing with the same period of last year and account for 20.26%, 16.95%, 7.85%, 6.14%, 6.03% of AUSTRALIA's total imports and exports.

During the current year until 202012, 26, 27, 71, 02, 28 were AUSTRALIA's top five traded commodities, with total import and export values of 92995.7295 million, 61584.3180 million, 19597.6750 million, 10081.7166 million, 5139.0643 million. These values correspond to 37.14%, 24.60%, 7.83%, 4.03%, 2.05% of AUSTRALIA's total exports and, respectively, were up 16.74%, down 29.86%, up 8.76%, down 11.01%, down 18.05% comparing to the same period of last year.

During the current year until 202012, 84, 87, 85, 27, 30 were AUSTRALIA's top five traded commodities, with total import values of 31939.6867 million, 24931.8806 million, 24807.6897 million, 16696.4457 million, 9006.9609 million. These values correspond to 15.10%, 11.79%, 11.73%, 7.89%, 4.26% of AUSTRALIA's total exports and, respectively, were up 1.30%, down 9.74%, down 0.70%, down 40.05%, up 5.55% comparing to the same period of last year.


2. Current year until 202012, AUSTRALIA binational trade profile

According to Dalian Infobank, during the current year until 202012, AUSTRALIA-China binational exports and imports of goods amounted to 161400.7162 million and were up 0.91% comparing with the same period of last year. Among these, exports from AUSTRALIA to China were 100171.4659 million and down 2.79%, imports from China to AUSTRALIA were 61229.2504 million and up 7.63%. The total binational trade surplus was 38942.2155 million and down 15.64%.

During the urrent year until 202012, commodities with hs2 code, 26, 85, 84, 99, 27, were binational trade's top five traded commodities. They correspond to import and export values of 68707.5408 million, 13314.8350 million, 11729.8616 million, 11548.8451 million, 8109.6333 million and makes up 42.57%, 8.25%, 7.27%, 7.16%, 5.02% of the total binational imports and exports. These values were also up 15.76%, up 0.21%, up 9.93%, down 21.82%, down 37.52% comparing to the same period last year.

During the current year until 202012, 26, 99, 27, 02, 74 were the top five traded commodities exported to China from AUSTRALIA, with export values of 68701.8703 million, 11042.3731 million, 6431.8410 million, 2021.7820 million, 1362.4959 million. These values account for 68.58%, 11.02%, 6.42%, 2.02%, 1.36% of AUSTRALIA's total exports and were up 15.76%, down 22.62%, down 37.74%, down 26.45%, up 21.18% comparing to the same period of last year.

During the current year until 202012, 85, 84, 94, 39, 73 were AUSTRALIA's top five traded commodities importing from China , with import values of 13142.9751 million, 11498.7299 million, 3669.7693 million, 2715.5758 million, 2400.1296 million. These values account for 21.47%, 18.78%, 5.99%, 4.44%, 3.92% of AUSTRALIA's total imports and were up 0.60%, up 10.62%, up 10.86%, up 20.61%, up 5.27% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Australian Bureau of Statistics