It covers our top trading partners, key exports, imports, sources and destinations for investment and how Australia compares with the rest of the world in global export, import and investment rankings. Australia. Australia's trade surplus fell to AUD 4.61 billion in July 2020 from a downwardly revised AUD 8.15 billion in the previous month and below market consensus of an AUD 5.4 billion surplus. Country Commercial Guides FTA Country Listings The U.S. has 14 Free Trade Agreements (FTAs) with 20 countries which comprise about 40 percent of U.S. goods' exports. The Climate Change Knowledge Portal is a hub of information, data and reports about climate change around the world. Australia trade to gdp ratio for 2018 was 43.19%, a 1.42% increase from 2017. The World Bank's World Integrated Trade Solution also provides their own list of top exporting countries… For information on the expected economic impacts of COVID-19, please see the ABS Chief Economist Series paper Measuring natural disasters in the Australian economy . When Great Britain joined what is now known as the European Union in the 1970s, Australia lost many trading advantages with that country and sought new markets closer to home. Merchandise trade statistics Australia (AUS) exports and imports, with partner countries including number of products, Partner share, Share in total products, MFN and Effectively Applied Tariffs, duty free imports, dutiable imports, and free lines and number of trade agreements for year 2018 Australia imported nearly US$10 billion worth of goods from the United States in 1999. United States - Extra Series. Overview MATRADE publishes Malaysia’s monthly, quarterly and annual trade statistics covering Malaysia’s export and imports by commodities or countries. In 2018, the TIV of Australian arms exports to the United States amounted to about 30 million. The European Union is our second largest direct investor and trading partner. The International Trade Statistics Yearbook: Volume I – Trade by Country and Volume II – Trade by Product provide an overview of the latest trends of trade in goods and services showing country and product profiles of international trade, respectively. Australia, along with 163 other countries, is a member of the World Trade Organisation (WTO) which governs the trading rules between countries. In 2016, the EU 1 accounted for 48% of goods exports from the UK, while goods imports from the EU were worth more than imports from the rest of the world combined.. Australia Trade Statistics. The trade tables available below provide data on the value of commodity exports and imports for Queensland and Australia. Australian Dollar Lifts to Fresh 30-Month Highs, Australian Shares Fall but Book 6th Weekly Gain, Australia Consumer Sentiment Hits 10-Year High, Australia Business Sentiment Back to Pre-Pandemic Levels, Australia Job Ads Jump 13.9% MoM in November, Australia Retail Sales Rise for First Time in 3 Months, Australia Posts Largest Trade Surplus in 6 Months, Oil Prices Slide on Friday, Book Weekly Gain, US Stocks Book Weekly Loss, S&P Links Third Fall, Senegal November Inflation Rate at 5-Month Low, Spanish Shares End Lower, Fall 3.1% on the Week. These Trade Statistics have been provided by Ports Australia's members who we thank for their contributions. Transportation. Publish your articles and forecasts in our website. EBOPS 2002 - Balanced International Trade in Services (1995-2012) Balanced International Trade in Services . But the share of UK exports of goods and services going to the EU has fallen, from … Population: 24,982,688 (2018) Population Growth Rate: 1.536 annual % (2018) Age Dependency Ratio: 53.485 % of working-age population (2018) Extract data; Download data availability; Visualize data. Detailed calendar year statistics on international trade in goods and services, by country and state. Trade and tariff data. Trade balance of Australia 2019 Made-In Index: Attributes associated with products made in Australia 2017 Made-In Country Index: perception of products made in Australia, by country 2017 While Australia is often thought of as a trading nation, this proportion is low by international standards as our lack of land borders reduces the amount of local international trade compared with other countries. Statistics on trade in commercial services are sourced from the IMF Balance of Payments Statistics and from the Trade in Services by Partner Country dataset of the OECD. In 2014, Australia produced nearly 5 000 tonnes of abalone, which includes almost 900 tonnes from aquaculture. Publish your articles and forecasts in our website. Australia Trade Last Previous Highest Lowest Unit; Balance of Trade 7456.00: 5815.00: 9623.00-4173.00: AUD Million: Current Account CCGs contain market conditions, opportunities, regulations, and business customs for over 125 countries prepared by trade and industry experts at U.S. embassies worldwide. The statistics are available in various for Australia's trade surplus increased to AUD 7.46 billion in October 2020 from an upwardly revised AUD 5.82 billion in the previous month and easily beating market consensus of a AUD 5.8 billion surplus. Other leading sources of imports to Australia are Japan, Great Britain, China, Germany, South Korea, New Zealand, Indonesia, Taiwan, Singapore, Italy, and Malaysia. Exports of goods and services rose $1,819m (5%) to $35,720m. 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