Australia Trade Profile '21

Page 1

Trade Profiles

2021 Trade in commercial services

Transport

Travel Other commercial services

Industrial property

Merchandise trade Agricultural products Nonagricultural products


Australia

Australia

GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)

1 359 330 54 571 2.5 11 887 21.8

Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade

Exports

23 17 25 14

Imports

24 18 29 18

MERCHANDISE TRADE Value

Million US$ Merchandise exports, f.o.b. Merchandise imports, c.i.f.

Annual percentage change

2020 250 578 211 109 2020 1.42

Share in world total exports (%)

2010-2020 2 0

2019 5 -6

2020 -8 -5 2020 1.18

Share in world total imports (%)

Breakdown in economy's total exports

Breakdown in economy's total imports

By main commodity group, % (2019)

By main commodity group, % (2019)

Agricultural products: 13

Fuels and mining products: 68

Agricultural products: 7.8

Fuels and mining products: 13.9

Manufactures: 10.9

Other: 8.1

Manufactures: 73.3

Other: 5

By main destination, % (2020)

By main origin, % (2020)

China: 40.8 Korea, Republic of: 6.5 United Kingdom: 4.2

Japan: 12.4 United States of America: 5.3 Other: 30.8

China: 28.8 United States of America: 11.9 Thailand: 4.8

European Union: 15.8 Japan: 6 Other: 32.7

Agricultural Products Value

Top exported products (Million US$) HS0202 HS1001 HS0201 HS0204 HS2204

2020 . 3 973 2 698 2 642 2 637 2 037

Meat of bovine animals, frozen Wheat and meslin Bovine meat, fresh, chilled Meat of sheep or goats, fresh Wine of fresh grapes

Value

Top imported products (Million US$) HS2106 HS1905 HS2204 HS2208 HS0406

2020

Other food preparations Bread, pastry, other bakers' wares Wine of fresh grapes Alcohol of less than 80% volume Cheese and curd

1 509 780 625 620 534

Share in economy's trade in agricultural products Exports 0%

10%

Imports 20%

0%

HS0202

HS2106

HS1001

HS1905

HS0201

HS2204

HS0204

HS2208

HS2204

HS0406

5%

10%

15%

Million US$ Exports Imports

Value

2020 30 136 15 539

Annual percentage change

2010-2020 2 5

2019 -3 4

2020 -9 3

Non-Agricultural Products Value

Top exported products (Million US$) HS2601 HS2701 HS7108 HS2603 HS7601

2020

Iron ores and concentrates Coal; briquettes, ovoids Gold Copper ores and concentrates Unwrought aluminium

80 234 30 097 17 577 3 208 2 462

Value

Top imported products (Million US$) HS8703 HS2710 HS8471 HS8525 HS7108

2020

Motor cars for transport of persons Petroleum oils, other than crude Automatic data-processing machines Radio-telephony transmission tools Gold

13 344 11 604 8 310 8 141 6 388

Share in economy's trade in non-agricultural products Exports 0%

22

Imports 50%

0%

HS2601

HS8703

HS2701

HS2710

HS7108

HS8471

HS2603

HS8525

HS7601

HS7108

5%

10%

Million US$ Exports Imports

Value

2020 177 047 192 006

Annual percentage change

2010-2020 0 0

2019 7 -6

2020 -5 -4

World Trade Organization – Trade Profiles 2021


Australia TRADE IN COMMERCIAL SERVICES Value

Million US$ Commercial services exports Commercial services imports

Annual percentage change

2020 47 877 37 225 2020 0.97

Share in world total exports (%) Breakdown in economy's total exports

2010-2020 -1 -4

2019 2 -2

2020 -32 -47 2020 0.81

Share in world total imports (%) Breakdown in economy's total imports

By main services item, % (2020)

By main services item, % (2020)

Transport: 6.6 Other commercial services: 40.1

Travel: 53.2 Goods-related services: 0

Transport: 24.3 Other commercial services: 57.2

By main destination, % (2019)

Travel: 17.5 Goods-related services: 1

By main origin, % (2019)

China: 19.1 United States of America: 9.9 New Zealand: 6.2

European Union (28): 13.7 India: 7.5 Other: 43.6

European Union (28): 24.3 New Zealand: 6.6 Japan: 4.6

Value

FATS sales Inward (million US$) Outward (million US$)

United States of America: 17.8 Singapore: 5.8 Other: 40.9

Annual percentage change

2018 na 73 330

2010-2018 na na

2017 na na

2018 na na

Transport Australia

200

World

100 0

2010

2013

2016

Value

Million US$ Exports Imports

2020

Transport exports (Index 2010=100)

2020 3 176 9 038

Exports By sea By air By other

Value

2010-2020 -6 -4

Share (%)

na na na

Annual percentage change 2019 -2 -6

Imports By sea By air By other

na na na

2020 -42 -31

Value na na na

Share (%) na na na

Travel Australia

200

World

Value

Million US$ Exports Imports

100 0

2010

2013

2016

2020 25 493 6 505

2010-2020 -2 -13

Annual percentage change 2019 1 -2

2020 -44 -82

2020

Travel exports (Index 2010=100)

Other Commercial Services and Goods-related Services Exports of OCS by main item (2020)

39.9

16.8 20.2

Value

2020

2010-2020

Other commercial services Exports 19 189 Imports 21 297

Other business services ICTs

23.0

Million US$

Financial services

Goods-related services Exports Imports

Other

Annual percentage change

4 3

2019

2020

6 0

2 2

2020

2010-2020

2019

2020

19 385

-14 4

0 21

-37 -53

INDUSTRIAL PROPERTY Patent applications, 2019 Residents

2 637

Non-residents

27 121

Trademark applications, 2019 Total

29 758

World Trade Organization – Trade Profiles 2021

Residents

44 189

Non-residents

29 457

Industrial design applications, 2019 Total

73 646

Residents

3 147

Non-residents

5 710

Total

8 857

23


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