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List of the largest trading partners of Australia

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This is a list of the largest two-way trading partners of Australia, based on data released by the Australian Department of Foreign Affairs and Trade for the 2022 calendar year.[1]

The largest trading partners

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The 15 largest trading partners of Australia with their total trade (sum of imports and exports) in millions of Australian dollars and the total trade for all countries for the 2023 calendar year were as follows:[2]

Rank Country/District Exports Imports Total Trade Trade Balance
1  China 219,037 108,131 327,168 110,906
- ASEAN-5 77,217 89,601 166,818 -12,384
2  Japan 90,052 30,549 120,601 59,503
- European Union 31,816 76,650 108,466 -44,833
3  United States 33,570 65,090 98,660 -31,520
4  South Korea 43,879 27,277 71,156 16,602
5  India 35,414 13,734 49,148 21,680
6  Singapore 22,777 23,968 46,745 -1,191
7  New Zealand 19,046 15,377 34,423 3,669
8  Malaysia 13,595 20,621 34,215 -7,026
9  Taiwan 23,471 10,111 33,583 13,360
10  Thailand 11,013 21,777 32,790 -10,764
11  United Kingdom 13,387 17,848 31,235 -4,461
12  Germany 5,323 22,975 28,298 -17,652
13  Indonesia 15,179 11,619 26,798 3,560
14  Vietnam 14,653 11,616 26,269 3,037
15  Hong Kong 12,716 4,300 17,016 8,416
Total all economies [2] 672,588 570,874 1,243,462 101,714

Top export markets

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The 15 largest export markets of Australia in millions of Australian dollars for the 2022 calendar year were as follows:[2]

Rank Country/District Value (A$ million) Share of overall exports
1  China 185,141 27.6%
2  Japan 119,889 17.9%
3  South Korea 53,990 8.1%
4  India 34,921 5.2%
5  United States 30,690 4.6%
6  Taiwan 30,609 4.6%
7  Singapore 24,009 3.6%
8  New Zealand 18,109 2.7%
9  Vietnam 15,341 2.3%
10  Malaysia 15,193 2.3%
11  Indonesia 14,663 2.2%
12  Hong Kong 9,326 1.4%
13  Netherlands 9,176 1.4%
14  Thailand 8,996 1.3%
15  United Kingdom 8,693 1.3%

Top import sources

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The 15 largest import sources to Australia in millions of Australian dollars for the 2022 calendar year were as follows:[2]

Rank Country/District Value (A$ million) Share of overall imports
1  China 114,224 21.5%
2  United States 56,621 10.7%
3  Singapore 28,888 5.4%
4  South Korea 27,869 5.3%
5  Japan 27,428 5.2%
6  Germany 22,799 4.3%
7  Thailand 18,697 3.5%
8  Malaysia 18,167 3.4%
9  United Kingdom 16,178 3.1%
10  India 13,538 2.6%
11  New Zealand 13,271 2.5%
12  Taiwan 12,127 2.3%
13  Vietnam 10,340 1.9%
14  Italy 9,944 1.9%
15  Indonesia 8,643 1.6%

See also

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References

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  1. ^ "Australia's trade in goods and services 2022". Australian Government: Department of Foreign Affairs and Trade. Retrieved 2 November 2023.
  2. ^ a b c d "Australia's goods and services by top 15 partners 2022" (PDF). Australian Government: Department of Foreign Affairs and Trade. Retrieved 2 November 2023.