Australians are buying more and more from Indonesia. In 2015-16, we spent $5.5 billion on merchandise imports from Indonesia, with the largest single item being mineral fuels and other energy products. Other significant Australian purchase categories from Indonesia included iron and steel, machinery and furniture.
What products are imported and exported between Indonesia and Australia?
Our biggest export to Indonesia is wheat, followed by crude petroleum, and live animals (mostly cattle). Indonesia’s biggest exports to Australia are petroleum, wood and footwear.
What do we import from Indonesia?
Its key imports include machinery and equipment, chemicals, fuels, and foodstuffs. Major exports include oil and gas, electrical appliances, plywood, rubber and textiles.
Why is Indonesia important to Australia?
Trade and investment
There is considerable opportunity for Australia to expand its trade, investment and economic cooperation relationship with Indonesia, which is the largest economy in Southeast Asia and 16th largest economy in the world. … Two-way trade in goods was valued at $11.3 billion in 2019.
What does Australia import from overseas?
- Machinery including computers: US$30.7 billion (15.1% of total imports)
- Electrical machinery, equipment: $24.1 billion (11.9%)
- Vehicles: $23.9 billion (11.8%)
- Mineral fuels including oil: $16.9 billion (8.3%)
- Pharmaceuticals: $8.7 billion (4.3%)
- Gems, precious metals: $8.7 billion (4.3%)
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What does Australia import and export?
That means minerals including iron ore, coal, gold and natural gas, as well as agricultural products including beef, wool, cotton, chickpeas, lentils, sugar and wine. But Australia’s third most important export by dollar value is actually a service: education.
What is the main product of Indonesia?
The country is a major exporter of crude petroleum and natural gas. In addition, Indonesia is one of the world’s main suppliers of rubber, coffee, cocoa, and palm oil; it also produces a wide range of other commodities, such as sugar, tea, tobacco, copra, and spices (e.g., cloves).
What does China export to Indonesia?
|China exports to Indonesia||Value||Year|
|Machinery, nuclear reactors, boilers||$7.97B||2018|
|Iron and steel||$2.19B||2018|
|Articles of iron or steel||$1.71B||2018|
How much food does Indonesia import?
In 2018, Indonesia imported 514,708 tons, worth USUS$1.2 billion with major categories including powdered milk, lactose, whey protein, butter and fresh cheese. The major suppliers were New Zeeland, U.S., Australia, France and the Netherlands.
What is the relationship between Indonesia and Australia?
Australia and Indonesia are both members of the ASEAN-Australia-New Zealand Free Trade Area, signed in February 2009. Both countries have concluded negotiations on Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), intended to build upon existing agreements.
What country is the closest to Australia?
Where is Australia located?
List of Countries Near Australia.
|Countries Close to Australia|
|Papua New Guinea||2,368.5 km / 1,471.7 miles|
|Solomon Islands||3,280.2 km / 2,038.2 miles|
|New Caledonia||3,283.2 km / 2,040.1 miles|
Is Indonesia a strong country?
The Asia Power Index 2018 ranks Indonesia as the 10th strongest among 25 countries in the Asia Pacific region after Singapore (eighth) and Malaysia (ninth). The United States and China still dominate the region, followed by Japan, India and Russia.
What is Australia’s biggest import?
The 10 Biggest Importing Industries in Australia
- Motor Vehicle Manufacturing in Australia. …
- Petroleum Refining and Petroleum Fuel Manufacturing in Australia. …
- Pharmaceutical Product Manufacturing in Australia. …
- Computer and Electronic Office Equipment Manufacturing in Australia. …
- Communication Equipment Manufacturing in Australia. …
- Oil and Gas Extraction in Australia.
What is Australia’s biggest export?
Searchable List of Australia’s Most Valuable Export Products
|Rank||Australia’s Export Product||2020 Value (US$)|
|1||Iron ores, concentrates||$78,830,087,000|
|2||Coal, solid fuels made from coal||$32,477,570,000|
Does Australia import food from China?
In 2018, the top partner countries from which Australia Imports Food Products include New Zealand, United States, Thailand, China and France.