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Monitor Report of AUSTRALIA trade and AUSTRALIA-China binational trade in 202105

 1.  Overview the trade of AUSTRALIA in goods current year until 202105

According to Dalian Infobank, in 202105AUSTRALIA's exports and imports of goods amounted to 51510.7154 million, and were up 51.21% comparing with the same period of last year. Among these, exports were up 60.04% at 30423.8330 million, and imports were up 40.06% at 21086.8825 million. And the corresponding trade surplus was 9336.9505 million and up 136.13%.

During the current year until 202105, AUSTRALIA's total exports and imports of goods were 237488.8264 million and were up 33.72% comparing to the same period of last year. Among these, exports were 134637.4185 million and up 36.67%; imports were 102851.4079 million and up 30.04%. The total trade surplus was 31786.0105 million and up 63.68%.

If considering by country (region), CHINA, JAPAN, UNITED STATES, SOUTH KOREA, SINGAPORE were AUSTRALIA's top five trading partners. During the current year until 202105, AUSTRALIA's imports and exports to five countries/territories were 80993.8327 million, 21562.0435 million, 16132.8846 million, 12953.0769 million, 9167.8281 million. These values correspond to 34.10%, 9.08%, 6.79%, 5.45%, 3.86% of AUSTRALIA's imports and exports, and, respectively, were up 35.51%, up 15.51%, up 4.91%, up 46.37%, up 80.78% comparing to the same period of last year.

Current year until 202105, 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 202105, AUSTRALIA's exports to these five countries/territories were 53084.1014 million, 14970.3327 million, 9340.8141 million, 6215.7864 million, 5168.2072 million. These values correspond to 39.43%, 11.12%, 6.94%, 4.62%, 3.84% of AUSTRALIA's exports and, respectively, were up 36.76%, up 9.35%, up 46.11%, up 108.01%, up 100.52% comparing with the same period of last year.

Current year until 202105, 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 202105, AUSTRALIA's imports from these five countries/territories were 27909.7313 million, 11194.4001 million, 6591.7108 million, 4879.2342 million, 4765.8045 million. These values correspond to 27.14%, 10.88%, 6.41%, 4.74%, 4.63% of AUSTRALIA's total imports and, respectively, were up 33.19%, up 14.56%, up 32.44%, up 26.77%, up 24.21% comparing with the same period of last year.

During the current year until 202105, the trade surplus of AUSTRALIA was mainly from CHINA, JAPAN, SOUTH KOREA, HONG KONG, SINGAPORE at 25174.3701 million, 8378.6219 million, 5728.5513 million, 3596.2299 million, 3263.7448 million, and up 40.95%, down 3.84%, up 45.50%, up 101.12%, up 260.61%. And the trade deficits were mainly from UNITED STATES, GERMANY, THAILAND, ITALY, MALAYSIA at 6255.9156 million, 3439.3679 million, 2760.8660 million, 2202.4651 million, 1798.3909 million, and up 50.23%, up 28.44%, up 2.66%, up 35.67%, up 265.85%.

Current year until 202105, AUSTRALIA's trade surplus or deficit with top five countries/territories During the current year until 202105,  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 59285.9082 million, 37192.0546 million, 17130.7531 million, 15383.1216 million, 13030.3526 million, which were up 86.78%, down 0.58%, up 27.62%, up 64.36%, up 34.38% comparing with the same period of last year and account for 24.96%, 15.66%, 7.21%, 6.48%, 5.49% of AUSTRALIA's total imports and exports.

During the current year until 202105, 26, 27, 71, 10, 02 were AUSTRALIA's top five traded commodities, with total import and export values of 59109.8630 million, 27690.6240 million, 9348.2868 million, 4473.0821 million, 4122.1484 million. These values correspond to 43.90%, 20.57%, 6.94%, 3.32%, 3.06% of AUSTRALIA's total exports and, respectively, were up 87.63%, down 7.22%, up 44.45%, up 161.44%, down 3.70% comparing to the same period of last year.

During the current year until 202105, 84, 87, 85, 27, 30 were AUSTRALIA's top five traded commodities, with total import values of 15257.1786 million, 14812.2336 million, 11015.7009 million, 9501.4306 million, 4110.8271 million. These values correspond to 14.83%, 14.40%, 10.71%, 9.24%, 4.00% of AUSTRALIA's total exports and, respectively, were up 30.89%, up 65.89%, up 26.39%, up 25.61%, up 8.79% comparing to the same period of last year.


2. Current year until 202105, AUSTRALIA binational trade profile

According to Dalian Infobank, during the current year until 202105, AUSTRALIA-China binational exports and imports of goods amounted to 80993.8327 million and were up 35.51% comparing with the same period of last year. Among these, exports from AUSTRALIA to China were 53084.1014 million and up 36.76%, imports from China to AUSTRALIA were 27909.7313 million and up 33.19%. The total binational trade surplus was 25174.3701 million and up 40.95%.

During the urrent year until 202105, 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 41831.3362 million, 5594.6573 million, 5260.8440 million, 5191.0700 million, 1695.2886 million and makes up 51.65%, 6.91%, 6.50%, 6.41%, 2.09% of the total binational imports and exports. These values were also up 74.34%, up 23.69%, up 24.64%, down 1.60%, up 59.21% comparing to the same period last year.

During the current year until 202105, 26, 99, 71, 02, 51 were the top five traded commodities exported to China from AUSTRALIA, with export values of 41828.6952 million, 4930.1574 million, 911.9115 million, 836.1590 million, 813.8251 million. These values account for 78.80%, 9.29%, 1.72%, 1.58%, 1.53% of AUSTRALIA's total exports and were up 74.34%, down 3.31%, up 144890.76%, down 11.17%, up 40.55% comparing to the same period of last year.

During the current year until 202105, 85, 84, 94, 87, 61 were AUSTRALIA's top five traded commodities importing from China , with import values of 5516.2490 million, 5168.5347 million, 1686.6210 million, 1473.3967 million, 1219.8724 million. These values account for 19.76%, 18.52%, 6.04%, 5.28%, 4.37% of AUSTRALIA's total imports and were up 23.70%, up 25.12%, up 59.27%, up 192.15%, up 63.70% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Australian Bureau of Statistics