Australia (AUS) and China (CHN) Trade | The Observatory of Economic Complexity

About

Australia-China In 2022, Australia exported $123B to China. The main products that Australia exported to China are Iron Ore ($72.5B), Petroleum Gas ($14.2B), and Other Mineral ($8.09B). During the last 27 years the exports of Australia to China have increased at an annualized rate of 16%, from $2.25B in 1995 to $123B in 2022.

In 2009, Australia exported services to China worth $4.11B, with Travel ($3.72B), Transportation ($170M), and Other business services ($119M) being the largest in terms of value.

China-Australia In 2022, China exported $81.2B to Australia. The main products that China exported to Australia were Computers ($5.14B), Broadcasting Equipment ($4.42B), and Cars ($2.61B). During the last 27 years the exports of China to Australia have increased at an annualized rate of 13.7%, from $2.52B in 1995 to $81.2B in 2022.

In 2022, China did not export any services to Australia.

Comparison In 2022, Australia ranked 77 in the Economic Complexity Index (ECI -0.35), and 16 in total exports ($424B). That same year, China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Australia exported $123B to China. The main products exported from Australia to China were Iron Ore ($72.5B), Petroleum Gas ($14.2B), and Other Mineral ($8.09B). During the last 27 years the exports of Australia to China have increased at an annualized rate of 16%, from $2.25B in 1995 to $123B in 2022.

In 2022, China exported $81.2B to Australia. The main products exported from China to Australia were Computers ($5.14B), Broadcasting Equipment ($4.42B), and Cars ($2.61B). During the last 27 years the exports of China to Australia have increased at an annualized rate of 13.7%, from $2.52B in 1995 to $81.2B in 2022.

Exports from Australia () to China () (2022)

Exports from China () to Australia () (2022)

Latest Data

Trade between Australia () and China ()

Australia Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Australia
Top DestinationChina$123B

China
Top DestinationUnited States$551B

This map shows whether countries import more from Australia or China. Each country is colored based on the difference in imports they receive from Australia and China or the difference in the growth in imports.

In 2021, countries that imported more from Australia than China were New Caledonia ($595M), Christmas Island ($40.5M), and Nauru ($34.9M).

In 2021, countries that imported more from China than Australia were United States ($551B), Hong Kong ($276B), and Germany ($152B).

Difference in imports from China () and Australia () (2022)

Comparative Advantage Australia - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Australia and China by product, considering products traded by both, Australia and China.

During 2022, Australia had a large net trade with China in the exports of Mineral Products ($101B), Precious Metals ($5.69B), and Metals ($4.14B).

During 2022, China had a large net trade with Australia in the exports of Machines ($28.7B), Miscellaneous ($8.21B), and Textiles ($7.68B).

Service Trade

Bilateral Service Trade

Aus Year

In 2009, Australia exported services to China worth $4.11B, with Travel ($3.72B), Transportation ($170M), and Other business services ($119M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Australia () to China () (2009)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Australia has comparative advantage over China. Similarly, the more yellow a dot/product is, the more China has comparative advantage over Australia.

About

Historical Data

Bilateral Trade by Products

Exports from Australia () to China () (2022)

Exports from China () to Australia () (2022)

Latest Data

Trade between Australia () and China ()

Australia Exports

China Exports

Market Competitiveness

Difference in imports from China () and Australia () (2022)

Comparative Advantage Australia - China

Service Trade

Bilateral Service Trade

Services Exports from Australia () to China () (2009)

Economic Complexity

Competitive Landscape

Product Space of Australia () and China () (2022)

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