China / Australia

Overview In September 2024, China exported $6.09B and imported $10.8B from Australia, resulting in a negative trade balance of $4.75B. Between September 2023 and September 2024 the exports of China have decreased by $-491M (-7.47%) from $6.58B to $6.09B, while imports decreased by $-1.39B (-11.4%) from $12.2B to $10.8B.

Trade In September 2024, the top exports of China to Australia were Telephones ($450M), Refined Petroleum ($416M), Computers ($316M), Cars ($264M), and Other Furniture ($180M). In September 2024 the top imports of China from Australia were Iron Ore ($6.74B), Petroleum Gas ($1.58B), Other Mineral ($1.48B), Gold ($977M), and Wheat ($341M).

Origins In September 2024 the exports of China were mainly from Guangdong Province ($1.31B), Jiangsu Province ($911M), Zhejiang Province ($889M), Shandong Province ($591M), and Shanghai Province ($548M), while imports destinations were mainly Shanghai Province ($1.44B), Beijing ($1.27B), Zhejiang Province ($1.19B), Fujian Province ($922M), and Shandong Province ($918M).

Growth In September 2024, the decrease in China's year-by-year exports to Australia was explained primarily by an decrease in product exports in Laboratory Reagents ($-152M or -97.5%), Pesticides ($-82.5M or -51.5%), and Computers ($-63.5M or -16.7%). In September 2024, the decrease in China's year-by-year imports  from Australia was explained primarily by an decrease in product imports  in Petroleum Gas ($-875M or -35.6%), Raw Nickel ($-119M or -63%), and Iron Ore ($-112M or -1.63%).