What does Australia import and export?
Quick Answer
As of 2013, Australia's top imports include personal travel services, crude petroleum, passenger motor vehicles, refined petroleum, freight transport services, computers, gold, telecommunication equipment and parts, business travel expenses, furniture and many more. Australia's top exports include iron ores and concentrates, coal, natural gas, crude petroleum, wheat, copper, aluminum, cotton, financial services, refined petroleum, wool and more.
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Full Answer
In 2013, Australia's top 10 trading partners were China, Japan, the Republic of Korea, the United States, Germany, New Zealand, Singapore, Taiwan, United Kingdom and Malaysia. Australia imported more than $318 billion and exported nearly $329 billion. Total exports grew by 6.1 percent from 2012 to 2013, and they averaged 4.1 percent growth over the five years ending in 2013.
The top-growing exports in 2013 were financial services at 51.7 percent growth, oil seeds and soft oleaginous fruits at 41.3 percent growth, and iron ores and concentrates at 27.6 percent growth. Total imports grew by 1.5 percent from 2012 to 2013, and they averaged 4.0 percent growth over the five years ending in 2013. The top-growing imports in 2013 were heating and cooling equipment and parts at 41.8 percent growth, iron, steel and aluminum structures at 40.1 percent growth and professional services at 39.1 percent growth.
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