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Monitor Report of AUSTRALIA trade and AUSTRALIA-China binational trade in 202106

 1.  Overview the trade of AUSTRALIA in goods current year until 202106

According to Dalian Infobank, in 202106AUSTRALIA's exports and imports of goods amounted to 54062.0047 million, and were up 41.80% comparing with the same period of last year. Among these, exports were up 47.49% at 31558.6881 million, and imports were up 34.52% at 22503.3166 million. And the corresponding trade surplus was 9055.3715 million and up 93.94%.

During the current year until 202106, AUSTRALIA's total exports and imports of goods were 291029.5803 million and were up 34.91% comparing to the same period of last year. Among these, exports were 165685.2042 million and up 38.18%; imports were 125344.3761 million and up 30.81%. The total trade surplus was 40340.8281 million and up 67.47%.

If considering by country (region), CHINA, JAPAN, UNITED STATES, SOUTH KOREA, SINGAPORE were AUSTRALIA's top five trading partners. During the current year until 202106, AUSTRALIA's imports and exports to five countries/territories were 104924.1891 million, 26481.4569 million, 19431.6343 million, 16029.8103 million, 8980.9295 million. These values correspond to 36.05%, 9.10%, 6.68%, 5.51%, 3.09% of AUSTRALIA's imports and exports, and, respectively, were up 40.57%, up 22.85%, up 7.79%, up 50.15%, up 46.13% comparing to the same period of last year.

Current year until 202106, 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 202106, AUSTRALIA's exports to these five countries/territories were 71490.2735 million, 18502.7941 million, 11526.9639 million, 5945.7105 million, 5909.6027 million. These values correspond to 43.15%, 11.17%, 6.96%, 3.59%, 3.57% of AUSTRALIA's exports and, respectively, were up 47.93%, up 16.27%, up 48.28%, up 100.87%, down 8.81% comparing with the same period of last year.

Current year until 202106, 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 202106, AUSTRALIA's imports from these five countries/territories were 33433.9156 million, 13522.0316 million, 7978.6628 million, 5955.7542 million, 5825.8019 million. These values correspond to 26.67%, 10.79%, 6.37%, 4.75%, 4.65% of AUSTRALIA's total imports and, respectively, were up 27.05%, up 17.10%, up 41.43%, up 31.43%, up 27.70% comparing with the same period of last year.

During the current year until 202106, the trade surplus of AUSTRALIA was mainly from CHINA, JAPAN, SOUTH KOREA, INDIA, TAIWAN at 38056.3578 million, 10524.1313 million, 7024.1175 million, 3245.1967 million, 2718.0385 million, and up 72.89%, up 2.45%, up 44.18%, up 133.40%, up 52.00%. And the trade deficits were mainly from UNITED STATES, GERMANY, THAILAND, ITALY, MALAYSIA at 7612.4288 million, 4330.4701 million, 3396.6860 million, 2734.3117 million, 2358.5979 million, and up 50.24%, up 34.25%, up 9.17%, up 39.61%, up 254.95%.

Current year until 202106, AUSTRALIA's trade surplus or deficit with top five countries/territories During the current year until 202106,  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 74349.0101 million, 45845.5821 million, 20897.2533 million, 18958.0804 million, 15368.8226 million, which were up 85.02%, up 5.57%, up 27.68%, up 78.07%, up 26.88% comparing with the same period of last year and account for 25.55%, 15.75%, 7.18%, 6.51%, 5.28% of AUSTRALIA's total imports and exports.

During the current year until 202106, 26, 27, 71, 10, 02 were AUSTRALIA's top five traded commodities, with total import and export values of 74071.8809 million, 33793.3113 million, 11062.8463 million, 5298.5748 million, 5026.0329 million. These values correspond to 44.71%, 20.40%, 6.68%, 3.20%, 3.03% of AUSTRALIA's total exports and, respectively, were up 85.50%, down 2.57%, up 35.34%, up 158.05%, down 1.72% comparing to the same period of last year.

During the current year until 202106, 84, 87, 85, 27, 30 were AUSTRALIA's top five traded commodities, with total import values of 18644.3254 million, 18271.6210 million, 13289.0690 million, 12052.2708 million, 4932.9646 million. These values correspond to 14.87%, 14.58%, 10.60%, 9.62%, 3.94% of AUSTRALIA's total exports and, respectively, were up 30.68%, up 80.54%, up 21.54%, up 37.89%, up 7.54% comparing to the same period of last year.


2. Current year until 202106, AUSTRALIA binational trade profile

According to Dalian Infobank, during the current year until 202106, AUSTRALIA-China binational exports and imports of goods amounted to 104924.1891 million and were up 40.57% comparing with the same period of last year. Among these, exports from AUSTRALIA to China were 71490.2735 million and up 47.93%, imports from China to AUSTRALIA were 33433.9156 million and up 27.05%. The total binational trade surplus was 38056.3578 million and up 72.89%.

During the urrent year until 202106, 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 57225.8507 million, 6666.2708 million, 6455.5414 million, 6367.0628 million, 2033.0235 million and makes up 54.54%, 6.35%, 6.15%, 6.07%, 1.94% of the total binational imports and exports. These values were also up 89.52%, up 16.05%, up 0.97%, up 22.43%, up 47.93% comparing to the same period last year.

During the current year until 202106, 26, 99, 71, 02, 51 were the top five traded commodities exported to China from AUSTRALIA, with export values of 57222.5810 million, 6130.7585 million, 1564.5084 million, 1011.7346 million, 1010.4655 million. These values account for 80.04%, 8.58%, 2.19%, 1.42%, 1.41% of AUSTRALIA's total exports and were up 89.53%, down 0.54%, up 183469.44%, down 8.86%, up 50.30% comparing to the same period of last year.

During the current year until 202106, 85, 84, 94, 87, 39 were AUSTRALIA's top five traded commodities importing from China , with import values of 6571.8819 million, 6256.4776 million, 2023.0736 million, 1804.6274 million, 1443.0118 million. These values account for 19.66%, 18.71%, 6.05%, 5.40%, 4.32% of AUSTRALIA's total imports and were up 16.02%, up 22.83%, up 48.04%, up 187.65%, up 22.54% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Australian Bureau of Statistics