Economic diplomacy snapshots

Infographic: Economic diplomacy snapshots. See text alternative following this image.

Trade

China is our largest export market—worth $85 billion in 2012-13 — followed by Japan ($49 billion) and South Korea ($21 billion). Key exports to China include iron ore, coal and education.

Investment

Investors from the United States — our largest foreign investor — have invested $618 billion in Australian businesses — 28 per cent of the $2.2 trillion of foreign investment in Australia.

Growth

Engagement with G20 2015 President — Turkey — will drive outcomes from Australia's Presidency in 2014—boosting global GDP, increasing financing for infrastructure investment, and reducing remittance costs for developing countries.

Business

In April 2014 the Minister for Trade and Investment led a 700-strong trade delegation to China — alongside the Prime Minister's visit to Japan and South Korea.






Last Updated: 18 September 2014