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Monitor Report of AUSTRALIA trade and AUSTRALIA-China binational trade in 202104

 1.  Overview the trade of AUSTRALIA in goods current year until 202104

According to Dalian Infobank, in 202104AUSTRALIA's exports and imports of goods amounted to 48546.8495 million, and were up 37.66% comparing with the same period of last year. Among these, exports were up 41.88% at 27706.8336 million, and imports were up 32.43% at 20840.0159 million. And the corresponding trade surplus was 6866.8177 million and up 81.08%.

During the current year until 202104, AUSTRALIA's total exports and imports of goods were 186287.7460 million and were up 29.78% comparing to the same period of last year. Among these, exports were 104481.3266 million and up 31.42%; imports were 81806.4193 million and up 27.75%. The total trade surplus was 22674.9073 million and up 46.62%.

If considering by country (region), CHINA, JAPAN, UNITED STATES, SOUTH KOREA, SINGAPORE were AUSTRALIA's top five trading partners. During the current year until 202104, AUSTRALIA's imports and exports to five countries/territories were 62184.8655 million, 17251.1316 million, 12537.3906 million, 10402.4347 million, 7635.3653 million. These values correspond to 33.38%, 9.26%, 6.73%, 5.58%, 4.10% of AUSTRALIA's imports and exports, and, respectively, were up 35.49%, up 9.76%, up 2.08%, up 40.86%, up 74.30% comparing to the same period of last year.

Current year until 202104, AUSTRALIA and the top five trade partners CHINA, JAPAN, SOUTH KOREA, SINGAPORE, INDIA are the top five countries/territories that AUSTRALIA exports to in terms of the total export amount. During the current year until 202104, AUSTRALIA's exports to these five countries/territories were 39837.0398 million, 11790.7360 million, 7535.5513 million, 5329.8422 million, 4380.3788 million. These values correspond to 38.13%, 11.29%, 7.21%, 5.10%, 4.19% of AUSTRALIA's exports and, respectively, were up 33.02%, up 4.01%, up 41.60%, up 103.60%, up 98.61% comparing with the same period of last year.

Current year until 202104, 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 202104, AUSTRALIA's imports from these five countries/territories were 22347.8257 million, 8603.6010 million, 5460.3956 million, 3991.8047 million, 3736.4232 million. These values correspond to 27.32%, 10.52%, 6.67%, 4.88%, 4.57% of AUSTRALIA's total imports and, respectively, were up 40.13%, up 5.47%, up 24.64%, up 26.35%, up 23.02% comparing with the same period of last year.

During the current year until 202104, the trade surplus of AUSTRALIA was mainly from CHINA, JAPAN, SOUTH KOREA, SINGAPORE, HONG KONG at 17489.2140 million, 6330.3404 million, 4668.6679 million, 3024.3190 million, 2644.0632 million, and up 24.91%, down 8.98%, up 43.27%, up 253.70%, up 65.27%. And the trade deficits were mainly from UNITED STATES, GERMANY, THAILAND, ITALY, MALAYSIA at 4669.8114 million, 2809.7951 million, 2196.2561 million, 1728.1144 million, 1591.8625 million, and up 15.77%, up 34.63%, up 1.15%, up 29.29%, up 235.55%.

Current year until 202104, AUSTRALIA's trade surplus or deficit with top five countries/territories During the current year until 202104,  commodities with hs2 codes, 26, 27, 84, 87, 71, were AUSTRALIA's top five traded commodities. They correspond to the import and export values of 44905.6128 million, 29902.5868 million, 13420.4470 million, 12469.3638 million, 10742.8335 million, which were up 83.61%, down 4.86%, up 27.30%, up 52.60%, up 38.46% comparing with the same period of last year and account for 24.11%, 16.05%, 7.20%, 6.69%, 5.77% of AUSTRALIA's total imports and exports.

During the current year until 202104, 26, 27, 71, 10, 02 were AUSTRALIA's top five traded commodities, with total import and export values of 44783.3198 million, 22091.2146 million, 7826.8568 million, 3454.0776 million, 3170.6653 million. These values correspond to 42.86%, 21.14%, 7.49%, 3.31%, 3.03% of AUSTRALIA's total exports and, respectively, were up 84.46%, down 10.94%, up 43.13%, up 141.69%, down 7.10% comparing to the same period of last year.

During the current year until 202104, 87, 84, 85, 27, 30 were AUSTRALIA's top five traded commodities, with total import values of 12016.7313 million, 11996.2589 million, 8718.3489 million, 7811.3722 million, 3222.2554 million. These values correspond to 14.69%, 14.66%, 10.66%, 9.55%, 3.94% of AUSTRALIA's total exports and, respectively, were up 53.93%, up 31.64%, up 27.34%, up 17.87%, up 6.88% comparing to the same period of last year.


2. Current year until 202104, AUSTRALIA binational trade profile

According to Dalian Infobank, during the current year until 202104, AUSTRALIA-China binational exports and imports of goods amounted to 62184.8655 million and were up 35.49% comparing with the same period of last year. Among these, exports from AUSTRALIA to China were 39837.0398 million and up 33.02%, imports from China to AUSTRALIA were 22347.8257 million and up 40.13%. The total binational trade surplus was 17489.2140 million and up 24.91%.

During the urrent year until 202104, commodities with hs2 code, 26, 85, 84, 99, 94, were binational trade's top five traded commodities. They correspond to import and export values of 31288.1409 million, 4458.4214 million, 4197.2621 million, 4073.8358 million, 1351.9267 million and makes up 50.31%, 7.17%, 6.75%, 6.55%, 2.17% of the total binational imports and exports. These values were also up 70.03%, up 28.16%, up 36.73%, down 2.98%, up 64.78% comparing to the same period last year.

During the current year until 202104, 26, 99, 02, 51, 71 were the top five traded commodities exported to China from AUSTRALIA, with export values of 31285.8321 million, 3863.0275 million, 643.7942 million, 612.6775 million, 557.0920 million. These values account for 78.53%, 9.70%, 1.62%, 1.54%, 1.40% of AUSTRALIA's total exports and were up 70.04%, down 5.06%, down 11.77%, up 24.64%, up 108971.26% comparing to the same period of last year.

During the current year until 202104, 85, 84, 94, 87, 61 were AUSTRALIA's top five traded commodities importing from China , with import values of 4395.5750 million, 4126.6118 million, 1345.0903 million, 1085.0015 million, 988.7432 million. These values account for 19.67%, 18.47%, 6.02%, 4.86%, 4.42% of AUSTRALIA's total imports and were up 28.16%, up 37.32%, up 64.67%, up 175.22%, up 51.20% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Australian Bureau of Statistics