Australia-China Trade: In 2023, Australia exported $137B to China. The main products that Australia exported to China were Iron Ore ($71.8B), Petroleum Gas ($15.1B), and Other Mineral ($12B). Over the past 5 years the exports of Australia to China have increased at an annualized rate of 6.98%, from $97.7B in 2018 to $137B in 2023.
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 Trade: In 2023, China exported $72.3B to Australia. The main products that China exported to Australia were Broadcasting Equipment ($5.15B), Computers ($4.37B), and Cars ($4.37B). Over the past 5 years the exports of China to Australia have increased at an annualized rate of 4.93%, from $56.8B in 2018 to $72.3B in 2023.
In 2023, China did not export any services to Australia.
Comparison: In 2023, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B). That same year, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).