China vs Australia: 2023 Trade Comparison

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

ChinaMetricAustralia
$3.41TTotal exports$385.78B
$2.13TTotal imports$283.23B
$1.29TTrade balance$102.54B
$5.54TTotal trade volume$669.01B
#1Global export rank#19
#2Global import rank#22

Direct trade between China and Australia

ChinaAustralia
$71.86B
AustraliaChina
$142.68B

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

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

Shared top trade partners

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

JapanIndiaRep. of KoreaUSAViet NamChina, Hong Kong SAR