The Department of Foreign Affairs and Trade has released the following information regarding bilateral trade levels between Australia and China in 2013-2014:
TOP 5 EXPORTS TO CHINA:
1. Iron Ores and Concentrates – $57bn
2. Coal – $9.3bn
3. Gold – $8.1bn
4. Education & related travel – $4.1bn
5. Copper – $2.1bn
TOP 5 IMPORTS FROM CHINA:
1. Clothing – $5.1bn
2. Telecommunications equipment & parts – $4.9bn
3. Computers – $4.8bn
4. Furniture, mattresses and cushions – $2.2bn
5. Prams, toys, games and sporting goods – $1.8bn
AUSTRALIA-CHINA TRADE
Total Exports – $107bn
Total Imports – $52.1bn
Total two-way trade – $159.6bn
Share of Australia’s total trade – 23.8%
AUSTRALIA-CHINA INVESTMENT
Australia’s investment in China – $29.6bn
China was the 12th largest destination for Australian outbound investment in 2013
China’s investment in Australia – $31.9bn
China was the 8th largest source of investment in Australia in 2013