This is a list of the largest two-way trading partners of Australia, based on data released by the Australian Department of Foreign Affairs and Trade for the 2022 calendar year.[1]
The largest trading partners
editThe 10 largest trading partners of Australia with their total trade (sum of imports and exports) in millions of Australian dollars and the total trade for all countries for the 2022 calendar year were as follows:[2]
Rank | Country/District | Exports | Imports | Total Trade | Trade Balance |
---|---|---|---|---|---|
1 | China | 185,141 | 114,224 | 299,365 | 70,917 |
2 | Japan | 119,889 | 27,428 | 147,317 | 92,461 |
3 | European Union | 31,816 | 76,650 | 108,466 | -44,833 |
4 | United States | 30,690 | 56,621 | 87,310 | -25,931 |
5 | South Korea | 53,990 | 27,869 | 81,858 | 26,121 |
6 | Singapore | 24,009 | 28,888 | 52,897 | -4,879 |
7 | Taiwan | 30,609 | 12,127 | 42,735 | 18,482 |
8 | India | 34,921 | 13,538 | 48,458 | 21,383 |
9 | New Zealand | 18,109 | 13,271 | 31,380 | 4,839 |
10 | Thailand | 8,996 | 18,697 | 27,693 | -9,701 |
Total all economies [2] | 670,552 | 530,348 | 1,200,900 | 140,204 |
Top export markets
editThe 15 largest export markets of Australia in millions of Australian dollars for the 2022 calendar year were as follows:[2]
Rank | Country/District | Value (A$ million) | Share of overall exports |
---|---|---|---|
1 | China | 185,141 | 27.6% |
2 | Japan | 119,889 | 17.9% |
3 | South Korea | 53,990 | 8.1% |
4 | India | 34,921 | 5.2% |
5 | United States | 30,690 | 4.6% |
6 | Taiwan | 30,609 | 4.6% |
7 | Singapore | 24,009 | 3.6% |
8 | New Zealand | 18,109 | 2.7% |
9 | Vietnam | 15,341 | 2.3% |
10 | Malaysia | 15,193 | 2.3% |
11 | Indonesia | 14,663 | 2.2% |
12 | Hong Kong | 9,326 | 1.4% |
13 | Netherlands | 9,176 | 1.4% |
14 | Thailand | 8,996 | 1.3% |
15 | United Kingdom | 8,693 | 1.3% |
Top import sources
editThe 15 largest import sources to Australia in millions of Australian dollars for the 2022 calendar year were as follows:[2]
Rank | Country/District | Value (A$ million) | Share of overall imports |
---|---|---|---|
1 | China | 114,224 | 21.5% |
2 | United States | 56,621 | 10.7% |
3 | Singapore | 28,888 | 5.4% |
4 | South Korea | 27,869 | 5.3% |
5 | Japan | 27,428 | 5.2% |
6 | Germany | 22,799 | 4.3% |
7 | Thailand | 18,697 | 3.5% |
8 | Malaysia | 18,167 | 3.4% |
9 | United Kingdom | 16,178 | 3.1% |
10 | India | 13,538 | 2.6% |
11 | New Zealand | 13,271 | 2.5% |
12 | Taiwan | 12,127 | 2.3% |
13 | Vietnam | 10,340 | 1.9% |
14 | Italy | 9,944 | 1.9% |
14 | Indonesia | 8,643 | 1.6% |
See also
edit- List of the largest trading partners of New Zealand
- List of the largest trading partners of the ASEAN
- List of the largest trading partners of Canada
- List of the largest trading partners of China
- List of the largest trading partners of the European Union
- List of the largest trading partners of India
- List of the largest trading partners of Russia
- List of the largest trading partners of United Kingdom
- List of the largest trading partners of the United States
- List of the largest trading partners of South Korea
References
edit- ^ "Australia's trade in goods and services 2022". Australian Government: Department of Foreign Affairs and Trade. Retrieved 2 November 2023.
- ^ a b c d "Australia's goods and services by top 15 partners 2022" (PDF). Australian Government: Department of Foreign Affairs and Trade. Retrieved 2 November 2023.