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1301.0 - Year Book Australia, 2003  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 24/01/2003   
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Contents >> International Accounts and Trade >> Merchandise exports and imports by country

For exports, country refers to the country to which the goods were consigned at the time of export. For imports, country refers to the country of origin of the goods, that is, where the majority of processing of the goods takes place.

Australia's merchandise trade surplus increased from $1,222m in 2000-01 to $1,495m in 2001-02, an improvement of $273m. The main trading partner contributors were:

  • a $1,194m decrease in the deficit with the United States of America. This was due to a $340m rise in exports, due mainly to increases in Meat and meat preparations, and Transport equipment (excluding road vehicles), and a $854m decrease in imports, due mainly to decreases in Telecommunications and sound recording and reproducing apparatus and equipment, Office machines and automatic data processing machines, and Organic chemicals.
  • a $1,004m increase in the surplus with Saudi Arabia. This was due to a $400m rise in exports and a $604m decrease in imports due mainly to a large decrease in Petroleum, petroleum products and related materials.
  • a $646m decrease in the deficit with the United Kingdom. This was due to a $544m rise in exports and a $102m decrease in imports.
  • a $638m increase in the surplus with the Republic of South Korea. This was due to a $650m rise in exports that was partly offset by a $12m increase in imports.
  • a $580m increase in the surplus with New Zealand. This was due to a $755m rise in exports, due mainly to increases in Petroleum, petroleum products and related materials, and Road vehicles, partly offset by a $175m increase in imports.
  • a $575m decrease in the deficit with Vietnam as a result of a $577m decrease in imports due mainly to a decrease in Petroleum, petroleum products and related materials.

These improvements were partly offset by:
  • a $1,148m decrease in the surplus with Singapore, mainly as a result of a $1,073m decrease in exports.
  • an $858m decrease in the surplus with Taiwan. This was due to a $1,051m decrease in exports due mainly to a decrease in Petroleum, petroleum products and related materials, partly offset by a $193m decrease in imports.
  • a $827m decrease in the surplus with Japan. This was due to a $726m decrease in exports due mainly to decreases in Petroleum, petroleum products and related materials, Non-ferrous metals, and Meat and meat preparations and a $101m increase in imports.
  • a $703m increase in the deficit with Germany. This was the combined result of a $143m decrease in exports and a $560m increase in imports.
  • a $595m increase in the deficit with Indonesia. This was the result of an $82m increase in exports and a $677m increase in imports due mainly to an increase in Petroleum, petroleum products and related materials.
  • a $458m increase in the deficit with China. This was the result of a $939m increase in exports and a $1,397m increase in imports.

Map 30.24 shows Australia's net balance of trade with its partner countries in 2001-02.

30.24 NET BALANCE OF TRADE, Partner countries - 2001-02
Map - 30.24 NET BALANCE OF TRADE, Partner countries - 2001-02
Source: International Merchandise Trade, Australia, June 2002 (5422.0).



Graphs 30.25 and 30.26 show the percentage share of Australian merchandise exports and imports by value accounted for by Australia's top eight trading partners for exports and imports respectively.

Graph - 30.25 merchandise exports, selected countries - 2001-02



Graph - 30.26 merchandise imports, selected countries - 2001-02


Table 30.27 shows the value of exports to Australia's top eight export countries by commodity (SITC section).

The largest value commodity exported to Japan, the Republic of Korea, Singapore and Taiwan was Mineral fuels, lubricants and related materials. About half the exports to China were Crude materials, inedible, except fuels. The largest value commodity exported to both New Zealand and the United States of America was Machinery and transport equipment. Commodities and transactions not classified elsewhere in the SITC formed the largest commodity export to the United Kingdom.


30.27 MERCHANDISE EXPORTS, Top eight countries - 2001-02

China
Japan
Korea,
Republic of
New
Zealand
Singapore
Taiwan
United
Kingdom
United
States
of America
Total all
countries
Commodity (SITC section)
$m
$m
$m
$m
$m
$m
$m
$m
$m

Food and live animals(a)
470
3,903
645
696
619
624
214
2,502
21,707
Beverages and tobacco
3
67
9
147
47
5
867
656
2,355
Crude materials, inedible, except fuels(a)
3,627
4,160
1,838
121
38
674
235
296
22,443
Mineral fuels, lubricants and related materials(a)
561
7,331
2,819
855
1,706
1,371
419
795
25,120
Animal and vegetable oils, fats and waxes(a)
84
38
13
24
5
31
10
5
310
Chemical and related products, n.e.s.(a)
250
283
276
812
151
173
253
863
5,362
Manufactured goods classified chiefly by material(a)
683
1,821
1,007
1,096
256
1,084
379
1,122
13,557
Machinery and transport equipment(a)
271
307
524
2,101
576
106
514
3,072
14,140
Miscellaneous manufactured articles(a)
115
178
109
972
243
53
287
897
4,466
Commodities and transactions not classified elsewhere in the SITC(b)
1,718
4,681
2,616
813
1,296
721
2,019
1,784
11,715
Total merchandise exports
7,781
22,769
9,856
7,637
4,936
4,843
5,197
11,992
121,176

(a) Excludes export commodities subject to a ‘No commodity details’ restriction.
(b) Includes commodities subject to a ‘No commodity details’ restriction.

Source: International Merchandise Trade, Australia, June 2002 (5422.0).


Table 30.28 shows the value of imports from Australia's top eight import countries by commodity (SITC section).

The largest value commodity imported from Germany, Japan, the Republic of Korea, the United Kingdom and the United States of America was Machinery and transport equipment. From China, the largest value commodity was Miscellaneous manufactured articles, from New Zealand it was Manufactured goods classified chiefly by material, and from Indonesia it was Mineral fuels, lubricants and related materials.


30.28 MERCHANDISE IMPORTS, Top eight countries - 2001-02

China
Germany
Indonesia
Japan
Korea, Republic of
New
Zealand
United
Kingdom
United
States of
America
Total
all
countries
Commodity (SITC section)
$m
$m
$m
$m
$m
$m
$m
$m
$m

Food and live animals(a)
212
55
107
95
37
884
130
479
4,614
Beverages and tobacco
22
13
1
4
1
120
160
170
864
Crude materials, inedible, except fuels(a)
69
29
107
48
39
409
50
199
1,756
Mineral fuels, lubricants and related materials(a)
127
5
1,866
37
97
323
6
285
9,033
Animal and vegetable oils, fats and waxes(a)
2
10
2
1
1
4
3
9
289
Chemical and related products, n.e.s.(a)
470
1,151
127
542
219
391
1,609
3,367
14,637
Manufactured goods classified chiefly by material(a)
1,830
717
554
1,399
694
1,031
508
1,592
14,821
Machinery and transport equipment(a)
3,249
3,914
318
12,086
2,535
795
2,704
11,792
53,672
Miscellaneous manufactured articles(a)
5,144
658
260
867
167
516
1,018
3,223
17,421
Commodities and transactions not classified elsewhere in the SITC(b)
153
180
664
393
930
265
31
382
2,574
Total merchandise imports
11,278
6,732
4,007
15,471
4,721
4,740
6,219
21,497
119,681

(a) Excludes import commodities subject to a ‘No commodity details’ restriction.
(b) Includes commodities subject to a ‘No commodity details’ restriction.

Source: International Merchandise Trade, Australia, June 2002 (5422.0).


Table 30.29 shows merchandise exports and imports for the last three financial years for the top 50 countries in order of total two-way trade (i.e. merchandise exports plus merchandise imports).


30.29 MERCHANDISE EXPORTS AND IMPORTS, By country

Exports
Imports


1999-2000
2000-01
2001-02
1999-2000
2000-01
2001-02
$m
$m
$m
$m
$m
$m

Austria
51
56
58
484
542
539
Bangladesh
296
367
347
54
56
42
Belgium-Luxembourg
1,089
1,004
865
737
828
875
Brazil
470
543
462
441
647
470
Brunei Darussalam
40
44
50
211
351
407
Canada
1,175
1,769
1,892
1,848
1,869
1,607
Chile
129
133
154
61
79
97
China
4,966
6,841
7,781
7,515
9,881
11,278
Denmark
140
109
108
542
535
671
Egypt
504
600
754
16
14
20
Fiji
591
642
527
356
254
232
Finland
371
454
359
668
721
727
France
871
1,081
1,344
2,228
2,478
2,691
Germany
1,245
1,487
1,344
5,791
6,172
6,732
Hong Kong (SAR of China)
3,211
3,909
4,004
1,280
1,362
1,410
India
1,588
2,086
2,522
714
754
874
Indonesia
2,408
3,111
3,193
2,701
3,330
4,007
Iran
410
755
784
29
27
39
Iraq
456
733
840
74
96
-
Ireland
134
178
306
937
1,140
1,469
Israel
192
248
291
442
441
526
Italy
1,575
2,099
2,166
3,043
3,257
3,411
Japan
18,822
23,495
22,769
14,110
15,370
15,471
Korea, Republic of
7,615
9,206
9,856
4,311
4,709
4,721
Kuwait
299
403
517
106
163
133
Malaysia
2,141
2,500
2,526
3,765
4,177
3,860
Mexico
254
370
479
382
582
521
Netherlands
1,378
1,737
1,538
990
906
1,094
New Caledonia
200
244
225
48
45
44
New Zealand
6,739
6,882
7,637
4,372
4,565
4,740
Norway
111
124
130
149
214
206
Pakistan
532
404
477
156
203
200
Papua New Guinea
927
1,051
1,007
1,353
1,457
1,124
Philippines
1,304
1,501
1,255
457
512
624
Portugal
41
34
83
168
162
193
Qatar
68
98
107
170
211
353
Saudi Arabia
1,334
2,196
2,596
1,002
1,634
1,030
Singapore
4,855
6,009
4,936
4,359
3,899
3,974
South Africa
1,039
1,301
1,346
749
877
870
Spain
714
713
791
659
710
759
Sri Lanka
221
345
308
76
87
82
Sweden
169
184
220
1,646
1,624
1,627
Switzerland
319
273
226
1,279
1,171
1,302
Taiwan
4,696
5,894
4,843
3,244
3,326
3,133
Thailand
1,703
2,222
2,305
2,422
2,780
2,886
Turkey
231
309
316
134
152
186
United Arab Emirates
872
1,163
1,244
401
1,114
743
United Kingdom
4,158
4,653
5,197
6,350
6,321
6,219
United States of America
9,602
11,652
11,992
23,135
22,351
21,497
Vietnam
385
499
497
1,726
2,432
1,855
Total major countries
92,645
113,709
115,572
107,890
116,588
117,571
Others(a)
4,641
5,830
5,603
2,187
1,729
2,110
Total
97,286
119,539
121,176
110,078
118,317
119,681

(a) Others include: all countries not displayed in table; Zone of Co-op A-Timor Gap; Destination or Origin Unknown; International Waters; No country details; Confidentialised alumina exports; and Ship and aircraft stores.

Source: International Merchandise Trade, Australia (5422.0).


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