composition of australian exports
Sales of non-rural goods jumped 15 percent to AUD 27.70 billion, led by metal ores and minerals (32 +percent), other mineral fuels, (10 percent), and coal, coke and briquettes (6 percent). The demography of Australia covers basic statistics, most populous cities, ethnicity and religion.
By merchandise exporter count, New Zealand was the most dominant contributor, with 35% (18,774) of all exporters, exporting at least once to New Zealand in 2017-18.
Also, there were small decreases in commodities including iron ore, coal, gas and petroleum, while
This was $11 billion more than in 2016-17 (up 11%). The Trading Economics Application Programming Interface (API) provides direct access to our data.
The population of Australia is estimated to be 25,636,700 as of 27 July 2020. Meanwhile, net exports of goods under merchanting were unchanged (at AUD 45 million).Exports of goods and services from Australia plunged 11 percent month-over-month to AUD 37.51 billion in April 2020. Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data.
Australia’s Trade in Goods and Services, released every six months, provides a good overview of Australia’s top export markets and export sectors. In 2017-18, China continued to be Australia's largest export destination, with $106 billion worth of exports (34%).
China is Australia’s single largest export market for agriculture, fisheries and forestry at close to $16 billion in 2018–19.
In addition, sales of rural goods fell 10 percent to AUD 3.61 billion, namely meat and meat preparations (-4 percent) and cereal grains and cereal preparations(-31 percent).
As export prices increased faster than import prices, the economy experienced continuous growth, low unemployment, contained inflation, very low public debt, and a strong and stable financial system.
Additionally, sales of services dropped 13 percent to AUD 6.06 billion, due to travel (-16 percent), transport (-31 percent), and other services (-5 percent).
It includes the exports of tea, coffee, jute, jute products, iron ore, species, animal skin, cotton, fish, fish products, mineral products etc. Australia is the sixth largest exporter of gold in the world and has a 4.1% share of an annual export market that is worth $324.6 billion. Sales of non-rural goods fell 4 percent to AUD 24.28 billion, in particular metal ores and minerals (-2 percent), other manufacture (-5 percent), machinery (-11 percent), and coal, coke and briquettes (-13 percent).
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