Australia vs China: 2023 Trade Comparison

Side-by-side stats from CEPII BACI. Bold values mark the larger figure.

AustraliaMetricChina
$385.78BTotal exports$3.41T
$283.23BTotal imports$2.13T
$102.54BTrade balance$1.29T
$669.01BTotal trade volume$5.54T
#19Global export rank#1
#22Global import rank#2

Direct trade between Australia and China

AustraliaChina
$142.68B
ChinaAustralia
$71.86B

Australia top exports

  • non-agglomerated$93.03B
  • bituminous, whether or not pulverised, but not agglomerated$61.65B
  • liquefied, natural gas$46.19B
  • gold, non-monetary, unwrought (but not powder)$16.20B
  • (other than anthracite and bituminous), whether or not pulverised but not agglomerated$14.80B

China top exports

  • Telephones for cellular networks or for other wireless networks$223.55B
  • portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display$118.95B
  • lithium-ion, including separators, whether or not rectangular (including square)$69.67B
  • machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus$65.42B
  • memories$49.99B

Shared top trade partners

Both countries appear as major export destinations for 6 of the same partners:

USAChina, Hong Kong SARJapanRep. of KoreaViet NamIndia