Australia-China Trade: In 2022, Australia exported $123B to China. The main products that Australia exported to China were Iron Ore ($72.5B), Petroleum Gas ($14.2B), and Other Mineral ($8.09B). Over the past 5 years the exports of Australia to China have increased at an annualized rate of 7.76%, from $84.8B in 2017 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 Trade: 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). Over the past 5 years the exports of China to Australia have increased at an annualized rate of 11.4%, from $47.3B in 2017 to $81.2B in 2022.
In 2022, China did not export any services to Australia.
Comparison: In 2022, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).