What are the Major imports of Australia?
Australia was ranked 19th for both imports and exports in the world in 2010. As a member of numerous organisations such as APEC, the G20, WTO and OECD, Australia has multiple free trade agreements with numerous countries such as the US, Singapore, Chile and Thailand.
The most notable free trade agreement though has been the Australia New Zealand Closer Economic Relations Trade Agreement (ANZCERTA). Enforced in 1983, the ANZCERTA built on the 1965 New Zealand Australia Free Trade Agreement (NAFTA, not to be mistaken for the North American Free Trade Agreement). The ANZCERTA has greatly integrated both economies and there are now plans to create a single Australasian economic market by 2015.
However, Australia’s recent economic progress has been heavily reliant on trade with China. In 2009, China became Australia's largest export market, surpassing Japan.
Resources continue to underpin Australia’s exports to China. Australia exported 266.2 million tonnes of iron ore to China in 2009, an increase of 45.2 per cent over the same period.
China is also Australia’s largest source of imports. Major imports from China include clothing, communications equipment, computers, prams, toys, games and sporting goods, furniture and televisions.
The vast scale of trade with China has also seen massive investments by Chinese companies in Australia. The majority of these investments has been in the resources sector, where Chinese companies have not only invested in Australian mining companies, but have now also started to lease land from the Australian government to mine resources on their own.
Total value of exports: US$210.7 billion
Primary exports - commodities: coal, iron ore, gold, meat, wool, alumina, wheat, machinery and transport equipment
Primary exports partners: China (21.81 percent), Japan (19.19 percent), South Korea (7.88 percent), India (7.51 percent), US (4.95 percent), UK (4.37 percent), NZ (4.1 percent)
Total value of imports: US$200.4 billion
Primary imports - commodities: machinery and transport equipment, computers and office machines, telecommunication equipment and parts; crude oil and petroleum products
Primary imports partners: China (17.94 percent), US (11.26 percent), Japan (8.36 percent), Thailand (5.81 percent), Singapore (5.54 percent), Germany (5.3 percent)why are both radio buttons selected in mvc html helper When israel was a child i loved him meaning? google chrome helper mac how to delete What does muenster cheese taste like? How to kill yourself fast? How to fax from printer? What is the meaning of mynute? What does lisa frank look like? What does tsk mean in text? What does an iq test measure? What kindof tricks should you teach your dog 1st? How to use tricks in tso halloween event? What is the meaning of my name sushmita? How to increase alkaline phosphatase? How to request a new social security card? What is the meaning behind groundhog day? What does alliteration mean in poetry? who is jimmy fallon's sweater helper? How to use large icing tips on reusable bag? How to bake a potato? What time does wendy's close near me? Why can't uber drivers accept tips? What does nth mean in texting? What does pariah mean? Tips on how to view solar eclipse? What does amenities mean? What is the meaning of the fox? How to swim? How to trade dogecoin? Why are the tips of my hair blonde? How old to sit in front seat? What are pustules? What does confound mean? How apple tricks you into thinking the iphone is better than it is? You know why squid game meaning? how many calories in bacon hamburger helper powder How to replace airpods pro tips? What does a buddha symbolize? What are the twisties? What is an ssid? How to calculate final grades? where can i get a job/intern as capenters helper How to cite a ted talk? What does bogus mean? How to draw peppa pig?