Your question: What continent do most of Australia’s exports go?

Applying a continental lens, 78.2% of Australia exports by value were delivered to Asian countries while 9.5% were sold to importers in Europe.

Where do Australian exports go?

China, Japan & the US

China was Australia’s largest export destination (valued at A$153 billion or 33 per cent of Australia’s total exports) as well as import source (valued at A$82 billion or 19 per cent of Australia’s import bill).

What country does Australia export to the most?

Top export markets

Rank Country/Region Share of overall exports
1 China 30.6%
2 Japan 13.1%
3 South Korea 5.9%
4 United States 5.3%

What percentage of Australia’s exports go to China?

Those exports with a dominant Chinese market share were worth $123 billion in 2019, which was 32% of Australia’s total exports.

China’s share of Australia’s exports.

China’s share of Australia’s exports %
Nickel ore 100
Timber 95
Iron ore 83
Wool 77

What is Australia number 1 export?

Australia’s main export is iron ore, followed by their other most valuables exports coal, gold, and petroleum. These exports alone rake in $48.2 billion, $47 billion, $29.1 billion, and $20.3 billion, respectively. Of course, the country also ships other noteworthy items including food, wine, and cars.

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What is Australia’s top 5 exports?

Exports: The top exports of Australia are Coal Briquettes ($57.2B), Iron Ore ($48.1B), Petroleum Gas ($17.6B), Gold ($16.1B), and Aluminium Oxide ($6.66B), exporting mostly to China ($87.9B), Japan ($27.6B), South Korea ($19.2B), India ($18.9B), and United States ($9.71B).

What are Australia’s top 3 exports?

Searchable List of Australia’s Most Valuable Export Products

Rank Australia’s Export Product Change
1 Iron ores, concentrates +19.7%
2 Coal, solid fuels made from coal -26.9%
3 Petroleum gases -25.5%
4 Gold (unwrought) +7.6%

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 to China?

Iron ore, gas and coal make up the bulk of Australian exports to China (more than AUD 79 billion), but Australian service industries – led by education and tourism – are a growing part of the trade relationship.

Who is China’s largest trade partner?

China’s top five trading partners are ASEAN, the EU, the US, Japan and South Korea, with the import and export of between China and ASEAN reached 4.74 trillion yuan, 4.5, 4.06, 2.2 and 1.97 trillion yuan, respectively, an increase of 7%, 5.3%, 8.8%, 1.2% and 0.7%.

What country owns most of Australia?

Aggregating total freehold and leasehold foreign ownership interests, China and the UK hold the largest area of total Australian agricultural land (each with 2.4 per cent), followed by the Netherlands (0.7 per cent) and the US (0.6 per cent).

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What is our biggest export to China?

The Top 10 US Exports to China

  • Cotton: $3.4 billion.
  • Copper materials: $3 billion.
  • Passenger vehicles (small engines): $3 billion.
  • Aluminum materials: $2.4 billion.
  • Passenger vehicles (large engines): $2.2 billion.
  • Electronic integrated circuits: $1.7 billion.
  • Corn: $1.3 billion.
  • Coal: $1.2 billion.

Does Australia rely on China?

Australia relies heavily on foreign investment. China ranks only ninth as an investor in Australia, with a 3% share of total foreign direct investment. That investment has grown rapidly in the past few years, but China’s foreign investment is likely to fall as its savings rate falls.

What’s the biggest industry in Australia?

The 10 Biggest Industries by Revenue in Australia

  • Consumer Goods Retailing in Australia. …
  • Health Services in Australia. …
  • National and Regional Commercial Banks in Australia. …
  • Iron Ore Mining in Australia. …
  • Supermarkets and Grocery Stores in Australia. $116.1B.
  • Public General Hospitals in Australia. $77.6B.
  • Coal Mining in Australia. $72.8B.
  • General Insurance in Australia. $67.3B.

What is Australia famous for producing?

Australia is an important source of export cereals, meat, sugar, dairy produce, and fruit.

Which Australian state exports the most?

For most industries, New South Wales is the state where the highest number of merchandise exporters are located. The Mining industry is the most notable exception, with Mining exporters most commonly located in Western Australia (43%) and Queensland (25%).

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