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Australia Exports

Discussion in 'Market News' started by Sam, Oct 9, 2015.

  1. Sam

    Sam Forum Member

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    Exports in Australia decreased to 26509 AUD Million in August from 26639 AUD Million in July of 2015. Exports in Australia averaged 9483.63 AUD Million from 1971 until 2015, reaching an all time high of 29190 AUD Million in January of 2014 and a record low of 435 AUD Million in October of 1971. Exports in Australia is reported by the Australian Bureau of Statistics. 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 provides the latest reported value for - Australia Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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