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2023
Flag → Flag
Exports $72.3BRnk 13 / 208
2023
Flag → Flag
Top Product $5.15BBroadcasting Equipment
2023
Flag → Flag
Exports $137BRnk 1 / 211
2023
Flag → Flag
Top Product $71.8BIron Ore
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
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Economic Complexity (ECI) ECI -0.28Rnk 75 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
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GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
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 GDP$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
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GDP GROWTH9.57%CURRENT US$
Rnk 156 / 195
2023
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GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
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GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
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GDP PC$64,821CURRENT US$
Rnk 16 / 196
2013-2023
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GDP PC GROWTH-4.94%CURRENT US$
Rnk 159 / 195

About

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.

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.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Latest Trends

December, 2024

About

Overview In December 2024, China exported $5.66B and imported $11.9B from Australia, resulting in a negative trade balance of $6.21B. Between December 2023 and December 2024 the exports of China have decreased by $-41.3M (-0.72%) from $5.7B to $5.66B, while imports decreased by $-1.96B (-14.2%) from $13.8B to $11.9B.

Trade In December 2024, the top exports of China to Australia were Cars ($407M), Computers ($234M), Refined Petroleum ($201M), Other Furniture ($173M), and Telephones ($167M). In December 2024 the top imports of China from Australia were Iron Ore ($8.44B), Gold ($1.59B), Petroleum Gas ($1.33B), Coal Briquettes ($746M), and Other Mineral ($557M).

Origins In December 2024 the exports of China were mainly from Guangdong Province ($1.07B), Jiangsu Province ($900M), Zhejiang Province ($770M), Shandong Province ($574M), and Shanghai Province ($535M), while imports destinations were mainly Beijing ($1.57B), Shanghai Province ($1.41B), Shandong Province ($1.15B), Guangdong Province ($1.15B), and Zhejiang Province ($1.07B).

Growth In December 2024, the decrease in China's year-by-year exports to Australia was explained primarily by an decrease in product exports in Telephones ($-282M or -62.8%), Refined Petroleum ($-215M or -51.7%), and Computers ($-82M or -25.9%). In December 2024, the decrease in China's year-by-year imports  from Australia was explained primarily by an decrease in product imports  in Other Mineral ($-920M or -62.3%), Petroleum Gas ($-254M or -16%), and Wheat ($-236M or -69.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-41.3M(-0.72%)
IMPORT GROWTH (December 2023 - December 2024)$-1.96B(-14.2%)
MAIN EXPORTER (December 2024)Guangdong Province$1.07B

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Australia and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Australia and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $72.3B to Australia. The main products exported from China to Australia were Broadcasting Equipment ($5.15B), Computers ($4.37B), and Cars ($4.37B). During the last 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 2018, Australia exported $137B to China. The main products exported from Australia to China were Iron Ore ($71.8B), Petroleum Gas ($15.1B), and Other Mineral ($12B). During the last 5 years the exports of Australia to China have increased at an annualized rate of 6.98%, from $97.7B in 2023 to $137B in 2018.

Exports from China (Flag) to Australia (Flag) (2023)

Exports from Australia (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Australia
Top DestinationChina$137B

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

In 2023, countries that imported more from China than Australia included United States ($436B), Hong Kong ($259B), and Germany ($164B).

In 2023, countries that imported more from Australia than China included New Caledonia ($385M), Papua New Guinea ($1.44B), and Christmas Island ($33.9M).

Difference in imports from Australia (Flag) and China (Flag) (2023)

Comparative Advantage China - Australia

Flow
Scale

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

During 2023, China had a large net trade with Australia in the exports of Machines ($27.5B), Transportation ($7.31B), and Metals ($6.35B).

During 2018, Australia had a large net trade with China in the exports of Mineral Products ($110B), Precious Metals ($8.59B), and Vegetable Products ($4.31B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Australia+$533MRefined Petroleum
Top Product Potential Australia China+$1.03BCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of China and Australia. This means that a dot/product with the flag of China indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over China.

Product Space of China (Flag) and Australia (Flag) (2023)

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