Australia Exports

Exports in Australia increased to 25746 Million AUD in March of 2013 from 25598 Million AUD in February of 2013. Exports in Australia is reported by the Australian Bureau of Statistic. Historically, from 1971 until 2013, Australia Exports averaged 8473.99 Million AUD reaching an all time high of 27963 Million AUD in August of 2011 and a record low of 434 Million AUD in October of 1971. Rich in natural resources, Australia is a major exporter of commodities. Metals like iron-ore and gold account for 28 percent of total exports, coal for 18 percent and oil and gas for 9 percent. Manufactured goods constitute 33 percent of the total exports with food and metal products and machinery and equipment accounting for the biggest share. Agricultural products, particularly wheat and wool make up 5 percent of trade outflows. Australia's largest export markets are China (27 percent of total exports), Japan (17 percent), South Korea (7 percent), India (6 percent) and the European Union countries. This page includes a chart with historical data for Australia Exports.

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Exports | Notes

Exports measure the amount of goods or services that domestic producers provide to foreign consumers by. It is a good that is sent to another country for sale. In the past, export of commercial quantities of goods normally required involvement of the customs authorities in both the country of export and the country of import. More recently, with the advent of small trades over the internet such as through Amazon and e-Bay, exports have largely bypassed the involvement of Customs in many countries due to the low individual values of these trades. Nonetheless, these small exports are still subject to legal restrictions applied by the country of export.






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