1367.2 - State and Regional Indicators, Victoria, Mar 2010  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 21/05/2010   
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Contents >> Trade >> Major trading partners

MAJOR TRADING PARTNERS

Based on the volume of trade, Victoria's biggest trading partner in 2008-09 was China, with combined exports and imports of $13,565m. 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 $633m), Victoria's largest trade deficits in 2008-09 were recorded with its biggest trading partners - China ($9,227m), the United States of America ($5,223m), Germany ($3,388m) and Japan ($3,105m). Over the same period, trade surpluses were recorded with four of the state's 30 major trading partners. The largest of these was with Saudi Arabia ($1,059m), followed by the United Arab Emirates ($506m).

The top five destinations of Victoria's exports in March quarter 2010 were China, Japan, New Zealand, the United States of America and Saudi Arabia. Combined, 46.3% of the state's exports in the quarter went to these countries. Nearly one-fifth (19.7%) of imports to Victoria came from China, with the United States of America (11.7%) and Japan (10.4%) 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.


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