MAJOR TRADING PARTNERS
Based on the value of trade, Victoria's biggest trading partner in 2009-10 was China, with combined exports and imports of $12,858m. The next biggest trading partners were the United States of America, Japan, New Zealand and Germany. With the exception of New Zealand (a trade deficit of $356m), Victoria's largest trade deficits in 2009-10 were recorded with its biggest trading partners - China ($8,096m), the United States of America ($4,508m), Japan ($3,546m) and Germany ($3,362m). Over the same period, trade surpluses were recorded with three of the state's 30 major trading partners, Saudi Arabia ($1,030m), United Arab Emirates ($395m) and Hong Kong ($164m).
The top five destinations of Victoria's exports in June quarter 2010 were China, New Zealand, the United States of America, Japan and Saudi Arabia. Combined, 46.4% of the state's exports in the quarter went to these countries. Nearly one-fifth (18.5%) of imports to Victoria came from China, with the United States of America (11.7%) and Japan (9.5%) being the next two largest sources.
View underlying table as an Excel spreadsheet: Download International merchandise trade, By Major trading partner - Victoria from the Downloads Page.