1.  Overview the trade of AUSTRALIA in goods current year until 202309

According to Dalian Infobank, in 202309, AUSTRALIA's exports and imports of goods amounted to 53351.0609 million, and were down 13.88% comparing with the same period of last year. Among these, exports were down 19.04% at 28607.8037 million, and imports were down 7.04% at 24743.2572 million. And the corresponding trade surplus was 3864.5465 million and down 55.67%.

During the current year until 202309, AUSTRALIA's total exports and imports of goods were 495140.0814 million and were down 8.89% comparing to the same period of last year. Among these, exports were 279586.1403 million and down 9.92%; imports were 215553.9411 million and down 7.52%. The total trade surplus was 64032.1992 million and down 17.15%.

If considering by country (region), CHINA, JAPAN, UNITED STATES, SOUTH KOREA, INDIA were AUSTRALIA's top five trading partners. During the current year until 202309, AUSTRALIA's imports and exports to five countries/territories were 154518.7875 million, 57699.2101 million, 35006.6546 million, 32794.1886 million, 16889.6618 million. These values correspond to 31.21%, 11.65%, 7.07%, 6.62%, 3.41% of AUSTRALIA's imports and exports, and, respectively, were up 1.94%, down 20.07%, up 4.75%, down 22.48%, down 23.87% comparing to the same period of last year.

Current year until 202309, AUSTRALIA and the top five trade partners CHINA, JAPAN, SOUTH KOREA, INDIA, TAIWAN CN are the top five countries/territories that AUSTRALIA exports to in terms of the total export amount. During the current year until 202309, AUSTRALIA's exports to these five countries/territories were 100762.0236 million, 44322.8285 million, 19477.1294 million, 11950.6402 million, 11545.7461 million. These values correspond to 36.04%, 15.85%, 6.97%, 4.27%, 4.13% of AUSTRALIA's exports and, respectively, were up 13.47%, down 24.27%, down 29.39%, down 26.30%, down 26.76% comparing with the same period of last year.

Current year until 202309, AUSTRALIA's exports to top five countries/territories CHINA, UNITED STATES, JAPAN, SOUTH KOREA, MALAYSIA are the top five countries/territories that AUSTRALIA imports from in terms of the total export amount. During the current year until 202309, AUSTRALIA's imports from these five countries/territories were 53756.7638 million, 24440.8238 million, 13376.3816 million, 13317.0592 million, 9817.8011 million. These values correspond to 24.94%, 11.34%, 6.21%, 6.18%, 4.55% of AUSTRALIA's total imports and, respectively, were down 14.37%, up 5.24%, down 2.05%, down 9.52%, up 7.49% comparing with the same period of last year.

During the current year until 202309, the trade surplus of AUSTRALIA was mainly from CHINA, JAPAN, INDIA, TAIWAN CN, SOUTH KOREA at 47005.2598 million, 30946.4469 million, 7011.6186 million, 6430.7980 million, 6160.0703 million, and up 80.65%, down 31.03%, down 31.58%, down 31.72%, down 52.11%. And the trade deficits were mainly from UNITED STATES, GERMANY, THAILAND, ITALY, MALAYSIA at 13874.9929 million, 7864.6195 million, 4644.4779 million, 4578.6079 million, 4131.6116 million, and up 6.48%, up 19.16%, down 2.70%, down 3.06%, up 83.04%.

Current year until 202309, AUSTRALIA's trade surplus or deficit with top five countries/territories During the current year until 202309,  commodities with hs2 codes, 27, 26, 87, 84, 85, were AUSTRALIA's top five traded commodities. They correspond to the import and export values of 129718.5425 million, 76285.2182 million, 34640.2586 million, 34261.5858 million, 24364.7733 million, which were down 21.76%, down 2.48%, up 19.92%, down 1.95%, down 3.69% comparing with the same period of last year and account for 26.20%, 15.41%, 7.00%, 6.92%, 4.92% of AUSTRALIA's total imports and exports.

During the current year until 202309, 27, 26, 71, 10, 25 were AUSTRALIA's top five traded commodities, with total import and export values of 98639.9616 million, 75760.1238 million, 16026.5281 million, 10815.0063 million, 10647.3650 million. These values correspond to 35.28%, 27.10%, 5.73%, 3.87%, 3.81% of AUSTRALIA's total exports and, respectively, were down 24.39%, down 2.62%, up 5.23%, up 5.24%, up 105.34% comparing to the same period of last year.

During the current year until 202309, 87, 27, 84, 85, 30 were AUSTRALIA's top five traded commodities, with total import values of 33495.3915 million, 31078.5810 million, 30331.7166 million, 21580.2168 million, 8804.4001 million. These values correspond to 15.54%, 14.42%, 14.07%, 10.01%, 4.08% of AUSTRALIA's total exports and, respectively, were up 20.46%, down 12.03%, down 3.15%, down 5.08%, down 16.47% comparing to the same period of last year.

2. Current year until 202309, AUSTRALIA binational trade profile

According to Dalian Infobank, during the current year until 202309, AUSTRALIA-China binational exports and imports of goods amounted to 154518.7875 million and were up 1.94% comparing with the same period of last year. Among these, exports from AUSTRALIA to China were 100762.0236 million and up 13.47%, imports from China to AUSTRALIA were 53756.7638 million and down 14.37%. The total binational trade surplus was 47005.2598 million and up 80.65%.

During the urrent year until 202309, commodities with hs2 code, 26, 99, 85, 25, 84, were binational trade's top five traded commodities. They correspond to import and export values of 57639.4921 million, 11085.8471 million, 10746.2469 million, 10513.3195 million, 9448.7159 million and makes up 37.30%, 7.17%, 6.95%, 6.80%, 6.11% of the total binational imports and exports. These values were also up 0.60%, down 9.96%, down 10.11%, up 110.32%, down 19.27% comparing to the same period last year.

During the current year until 202309, 26, 99, 25, 27, 71 were the top five traded commodities exported to China from AUSTRALIA, with export values of 57636.3568 million, 10692.1900 million, 10466.6439 million, 5510.0459 million, 4138.0931 million. These values account for 57.20%, 10.61%, 10.39%, 5.47%, 4.11% of AUSTRALIA's total exports and were up 0.61%, down 8.92%, up 111.70%, up 7236.38%, up 7.32% comparing to the same period of last year.

During the current year until 202309, 85, 84, 87, 94, 73 were AUSTRALIA's top five traded commodities importing from China , with import values of 10642.5330 million, 9275.4930 million, 5303.3227 million, 2646.8142 million, 2380.5950 million. These values account for 19.80%, 17.25%, 9.87%, 4.92%, 4.43% of AUSTRALIA's total imports and were down 10.19%, down 19.63%, up 49.11%, down 27.76%, down 20.47% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Australian Bureau of Statistics