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Monitor Report of AUSTRALIA trade and AUSTRALIA-China binational trade in 202101

 1.  Overview the trade of AUSTRALIA in goods current year until 202101

According to Dalian Infobank, in 202101AUSTRALIA's exports and imports of goods amounted to 43701.1073 million, and were up 17.00% comparing with the same period of last year. Among these, exports were up 27.31% at 24803.5650 million, and imports were up 5.77% at 18897.5422 million. And the corresponding trade surplus was 5906.0228 million and up 265.67%.

During the current year until 202101, AUSTRALIA's total exports and imports of goods were 43701.1073 million and were up 17.00% comparing to the same period of last year. Among these, exports were 24803.5650 million and up 27.31%; imports were 18897.5422 million and up 5.77%. The total trade surplus was 5906.0228 million and up 265.67%.

If considering by country (region), CHINA, JAPAN, UNITED STATES, SOUTH KOREA, INDIA were AUSTRALIA's top five trading partners. During the current year until 202101, AUSTRALIA's imports and exports to five countries/territories were 15114.0900 million, 3909.9327 million, 2899.3055 million, 2136.3659 million, 1450.5885 million. These values correspond to 34.59%, 8.95%, 6.63%, 4.89%, 3.32% of AUSTRALIA's imports and exports, and, respectively, were up 19.68%, down 1.91%, up 8.12%, up 10.23%, up 64.17% comparing to the same period of last year.

Current year until 202101, AUSTRALIA and the top five trade partners CHINA, JAPAN, SOUTH KOREA, INDIA, UNITED STATES are the top five countries/territories that AUSTRALIA exports to in terms of the total export amount. During the current year until 202101, AUSTRALIA's exports to these five countries/territories were 9609.0451 million, 2852.8439 million, 1519.2943 million, 985.2094 million, 948.8242 million. These values correspond to 38.74%, 11.50%, 6.13%, 3.97%, 3.83% of AUSTRALIA's exports and, respectively, were up 27.64%, down 2.74%, up 10.82%, up 94.66%, up 41.54% comparing with the same period of last year.

Current year until 202101, AUSTRALIA's exports to top five countries/territories CHINA, UNITED STATES, JAPAN, GERMANY, MALAYSIA are the top five countries/territories that AUSTRALIA imports from in terms of the total export amount. During the current year until 202101, AUSTRALIA's imports from these five countries/territories were 5505.0449 million, 1950.4814 million, 1057.0888 million, 872.3247 million, 762.6552 million. These values correspond to 29.13%, 10.32%, 5.59%, 4.62%, 4.04% of AUSTRALIA's total imports and, respectively, were up 7.93%, down 3.02%, up 0.39%, up 8.44%, up 9.55% comparing with the same period of last year.

During the current year until 202101, the trade surplus of AUSTRALIA was mainly from CHINA, JAPAN, SOUTH KOREA, HONG KONG, INDIA at 4104.0002 million, 1795.7552 million, 902.2227 million, 624.9681 million, 519.8304 million, and up 69.04%, down 4.49%, up 12.24%, up 6.79%, up 304.04%. And the trade deficits were mainly from UNITED STATES, GERMANY, ITALY, MALAYSIA, THAILAND at 1001.6572 million, 665.6741 million, 441.2640 million, 385.6820 million, 359.3931 million, and down 25.30%, up 21.05%, up 18.45%, up 59.02%, down 14.26%.

Current year until 202101, AUSTRALIA's trade surplus or deficit with top five countries/territories During the current year until 202101,  commodities with hs2 codes, 26, 27, 84, 71, 87, were AUSTRALIA's top five traded commodities. They correspond to the import and export values of 10433.1083 million, 7170.1496 million, 3164.9231 million, 2760.5758 million, 2499.1115 million, which were up 76.57%, down 20.83%, up 12.31%, up 72.68%, up 20.77% comparing with the same period of last year and account for 23.87%, 16.41%, 7.24%, 6.32%, 5.72% of AUSTRALIA's total imports and exports.

During the current year until 202101, 26, 27, 71, 10, 02 were AUSTRALIA's top five traded commodities, with total import and export values of 10409.5023 million, 5505.6318 million, 2133.0979 million, 818.4879 million, 580.8052 million. These values correspond to 41.97%, 22.20%, 8.60%, 3.30%, 2.34% of AUSTRALIA's total exports and, respectively, were up 77.53%, down 18.40%, up 98.07%, up 97.58%, down 24.59% comparing to the same period of last year.

During the current year until 202101, 84, 87, 85, 27, 30 were AUSTRALIA's top five traded commodities, with total import values of 2866.0272 million, 2425.1437 million, 2236.8324 million, 1664.5178 million, 797.3104 million. These values correspond to 15.17%, 12.83%, 11.84%, 8.81%, 4.22% of AUSTRALIA's total exports and, respectively, were up 13.50%, up 21.48%, up 19.83%, down 27.93%, up 17.04% comparing to the same period of last year.


2. Current year until 202101, AUSTRALIA binational trade profile

According to Dalian Infobank, during the current year until 202101, AUSTRALIA-China binational exports and imports of goods amounted to 15114.0900 million and were up 19.68% comparing with the same period of last year. Among these, exports from AUSTRALIA to China were 9609.0451 million and up 27.64%, imports from China to AUSTRALIA were 5505.0449 million and up 7.93%. The total binational trade surplus was 4104.0002 million and up 69.04%.

During the urrent year until 202101, commodities with hs2 code, 26, 85, 99, 84, 94, were binational trade's top five traded commodities. They correspond to import and export values of 7805.4781 million, 1138.0883 million, 1044.6253 million, 1033.0062 million, 383.1775 million and makes up 51.64%, 7.53%, 6.91%, 6.83%, 2.54% of the total binational imports and exports. These values were also up 75.12%, up 9.64%, down 11.29%, up 15.68%, up 17.80% comparing to the same period last year.

During the current year until 202101, 26, 99, 02, 74, 51 were the top five traded commodities exported to China from AUSTRALIA, with export values of 7804.6397 million, 998.4551 million, 118.7175 million, 115.8895 million, 75.8521 million. These values account for 81.22%, 10.39%, 1.24%, 1.21%, 0.79% of AUSTRALIA's total exports and were up 75.11%, down 12.38%, down 39.28%, up 59.31%, down 26.70% comparing to the same period of last year.

During the current year until 202101, 85, 84, 94, 39, 87 were AUSTRALIA's top five traded commodities importing from China , with import values of 1121.3544 million, 1014.9446 million, 381.9713 million, 261.5262 million, 251.2362 million. These values account for 20.37%, 18.44%, 6.94%, 4.75%, 4.56% of AUSTRALIA's total imports and were up 8.92%, up 14.84%, up 17.79%, up 10.48%, up 68.87% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Australian Bureau of Statistics