Australia's trade and economic statistics in 2014

Australia's major goods & services exports 2014 (a)

Rank Commodity $ billion
1 Iron ores & concentrates  66.0
2 Coal  38.0
3 Natural gas 17.7
4 Education-related travel services (b) 17.0
5 Personal travel (excl education) services 14.2
6 Gold 13.5
7 Crude petroleum 10.6
8 Beef 7.8
9 Aluminium ores & concentrates (incl alumina) 6.3
10 Wheat 5.9
11 Copper ores & concentrates  5.4
12 Professional services 4.8
13 Other ores & concentrates (c) 4.6
14 Business travel services 4.3
15 Aluminium 4.0
16 Copper 3.8
17 Meat (excl beef) 3.7
18 Technical & other business services 3.3
19 Financial services 3.3
20 Refined petroleum 2.8
Total exports (d) 326.9

(a) Goods trade is on a recorded trade basis. Services trade is on a balance of payments basis.
(b) Includes student expenditure on tuition fees and living expenses.
(c) Mainly consists of Zinc ores & concentrates, Manganese ores & concentrates and Lead ores & concentrates.
(d) Total exports on a balance of payments basis.
Based on ABS trade data on DFAT STARS database and ABS catalogue 5302.0.

Australia's major goods & services imports 2014 (a) (b)

Rank Commodity $ billion
1 Personal travel (excl education) services 24.6
2 Crude petroleum 20.0
3 Refined petroleum 18.6
4 Passenger motor vehicles 17.6
5 Telecom equipment & parts 9.8
6 Freight transport services 9.7
7 Medicaments (incl veterinary) 7.5
8 Computers 7.3
9 Passenger transport services (c) 6.1
10 Goods vehicles 6.0
11 Technical & other business services 5.7
12 Professional services 4.7
13 Charges for intellectual property 4.5
14 Heating & cooling equipment & parts 4.2
15 Gold 4.0
16 Pumps (excl liquid pumps) & parts 3.9
17 Furniture, mattresses & cushions 3.6
18 Business travel services 3.4
19 Measuring & analysing instruments 3.2
20 Electrical machinery & parts 3.0
Total imports (d) 337.0

(a) Goods trade is on a recorded trade basis. Services trade is on a balance of payments basis.
(b) Please note—imports of aircraft were made confidential by the ABS from Sept 2008 onwards. Imports of aircraft would rank in Australia’s top 20 imports. DFAT estimates that aircraft imports were valued at around $3.8 billion in 2014.
(c) Includes Related agency fees & commissions.
(d) Total imports on a balance of payments basis.
Based on ABS trade data on DFAT STARS database and ABS catalogue 5302.0.

Australia's major goods exports 2014 (a) (b)

Rank Commodity $ million % share
1 Iron ores & concentrates 66,008 24.7
2 Coal 37,999 14.2
3 Natural gas 17,743 6.7
4 Gold 13,460 5.0
5 Crude petroleum 10,564 4.0
6 Beef 7,751 2.9
7 Aluminium ores & concentrates (incl alumina) 6,336 2.4
8 Wheat 5,920 2.2
9 Copper ores & concentrates 5,359 2.0
10 Other ores & concentrates (c) 4,594 1.7
11 Aluminium 3,968 1.5
12 Copper 3,849 1.4
13 Meat (excl beef) 3,733 1.4
14 Refined petroleum 2,807 1.1
15 Wool & other animal hair (incl tops) 2,417 0.9
16 Medicaments (incl veterinary) 2,415 0.9
17 Alcoholic beverages (mainly wine) 2,034 0.8
18 Cotton 2,008 0.8
19 Passenger motor vehicles 1,779 0.7
20 Barley 1,760 0.7
Total goods exports (d) 266,799 100

(a) Recorded trade basis.
(b) Excludes confidential items of trade.
(c) Mainly includes Zinc ores & concentrates, Manganese ores & concentrates and Lead ores & concentrates.
(d) Total goods exports on a balance of payments basis.
Based on ABS trade data on DFAT STARS database and ABS catalogue 5302.0.

Australia's major goods imports 2014 (a) (b)

Rank Commodity $ million % share
1 Crude petroleum 20,050 7.5
2 Refined petroleum 18,579 7.0
3 Passenger motor vehicles 17,566 6.6
4 Telecom equipment & parts 9,845 3.7
5 Medicaments (incl veterinary) 7,497 2.8
6 Computers 7,316 2.7
7 Goods vehicles 6,008 2.3
8 Heating & cooling equipment & parts 4,210 1.6
9 Gold 4,005 1.5
10 Pumps (excl liquid pumps) & parts 3,870 1.5
11 Furniture, mattresses & cushions 3,624 1.4
12 Measuring & analysing instruments 3,208 1.2
13 Electrical machinery & parts 2,959 1.1
14 Prams, toys, games & sporting goods 2,844 1.1
15 Vehicle parts & accessories 2,740 1.0
16 Plastic articles 2,721 1.0
17 Household-type equipment 2,669 1.0
18 Mechanical handling equip & parts 2,642 1.0
19 Civil engineering equipment & parts 2,605 1.0
20 Rubber tyres, treads & tubes 2,525 0.9
Total goods imports (d) 266,451 100

(a) Recorded trade basis.
(b) Excludes confidential items of trade.
(c) Please note - imports of aircraft were made confidential by the ABS from Sept 2008 onwards. Imports of aircraft would rank in Australia’s top 20 imports. DFAT estimates that aircraft imports were valued at around $3.8 billion in 2014.
(d) Total goods imports on a balance of payments basis.
Based on ABS trade data on DFAT STARS database and ABS catalogue 5368.0.

Australia's services exports 2014 (a)

Services $ million % share
Manufacturing services on physical inputs owned by others 18 0.0
Maintenance & repair 59 0.1
Transport 6,599 11
   Passenger (b) 2,410 4.0
   Freight 281 0.5
   Other 2,543 4.0
   Postal & courier services 1,365 2.3
Travel 35,427 59.0
   Business 4,203 7.0
   Personal 31,224 52.0
   Education-related 17,037 28.0
   Other personal (c) 14,187 23.6
Other 17,960 29.9
   Construction 181 0.3
   Insurance & pension 539 0.9
   Financial 3,183 5.3
   Intellectual property charges 975 1.6
   Telecommunications, computer & information 2,166 3.6
   Other business services 8,962 14.9
   Personal, cultural and recreational 980 1.6
   Government services 974 1.6
Total services exports 60,063 100

(a) Balance of payments basis.
(b) Passenger services include air transport-related agency fees & commissions.
(c) Inbound tourism for mainly recreational purposes.
Based on ABS catalogue 5302.0.

Australia's services imports 2013 (a)

Services $ million % share
Manufacturing services on physical inputs owned by others 0 0.0
Maintenance & repair 542 0.8
Transport 16,755 23.8
   Passenger (b) 6,141 8.7
   Freight 9,684 13.7
   Other 814 1.2
   Postal & courier services 116 0.2
Travel 29,146 41.3
   Business 3,378 4.8
   Personal 25,768 36.6
   Education-related 1,171 1.7
   Other personal (c) 24,597 34.9
Other 24,049 34.1
   Construction 0 0.0
   Insurance & pension 854 1.2
   Financial 2,117 3.0
   Intellectual property charges 4,479 6.4
   Telecommunications, computer & information 2,955 4.2
   Other business services 10,709 15.2
   Personal, cultural and recreational 1,734 2.5
   Government services 1,201 1.7
Total services exports 70,492 100.0

(a) Balance of payments basis.
(b) Passenger services include air transport-related agency fees & commissions.
(c) Outbound tourism for mainly recreational purposes.
Based on ABS catalogue 5302.0.

Australia's global export position

How we compare to the rest of the world 2014 (US$ billion)

Rank Country Goods (a) Services (b) Total exports % share
1 China 2,342 234 2,576 10.7
2 United States 1,621 709 2,330 9.7
3 Germany 1,508 271 1,779 7.4
4 Netherlands 672 189 861 3.6
5 France 583 268 851 3.5
6 United Kingdom 506 342 847 3.5
7 Japan 684 163 846 3.5
8 Republic of Korea 573 107 680 2.8
9 Italy 529 117 646 2.7
10 Hong Kong (c) 524 106 630 2.6
11 Belgium 471 124 595 2.5
12 Russian Federation 498 66 564 2.3
13 Canada 475 86 561 2.3
14 Singapore 410 140 550 2.3
15 India 322 156 478 2.0
16 Spain 325 134 459 1.9
17 Switzerland 311 115 426 1.8
18 Mexico 398 21 419 1.7
19 United Arab Emirates 360 21 381 1.6
20 Taiwan 314 57 371 1.5
21 Saudi Arabia 354 12 366 1.5
22 Australia 241 54 295 1.2
23 Thailand 228 55 283 1.2
24 Malaysia 234 39 274 1.1
25 Brazil 225 40 265 1.1
26 Poland 217 48 265 1.1
27 Ireland 118 134 251 1.0
28 Austria 178 67 245 1.0
29 Sweden 164 77 241 1.0
30 Turkey 158 51 208 0.9
Total exports 19,002 5,017 24,019 100.0

(a) Goods on recorded trade basis.
(b) Services on balance of payments basis.
(c) Special Administrative Region of China.
Source: WTO online database.

Australia's top 10 export Markets 2014 (a)

($ billion)

1. China 30.0% comprising: services $8.2b, goods $90.0b, total $98.2b; 2. Japan 15.4%, comprising: services $2.1b, goods $48.2b, total $50.2b; 3. Republic of Korea 6.7% comprising: services $1.6b, goods $20.4b, total $22.0b; 4. United States 5.7% comprising: services $6.6b, goods $11.9b, total $18.5b; 5. New Zealand (c) 3.7%, comprising: services $4.0b, goods $8.1b, total $12.1b; 6. Singapore 3.7%, comprising: services $3.7b, goods $8.4b, total $12.1b; 7. India 3.5%, comprising: services $2.5b, goods $8.9b, total $11.4b; 8. United Kingdom 2.5%, comprising: services $4.6b, goods $3.8b, total $8.3b; 9. Taiwan 2.4%, comprising: services $0.8b, goods $7.1b, total $7.9b; 10. Malaysia 2.4%, comprising: services $1.8b, goods $6.1b, total $7.9b

Total exports

($ billion)

APEC (d) 79.7%, comprising: services $36.8b, goods $223.6b, total $260.4b; ASEAN 12.3%, comprising: services $9.7b, goods $30.3b, total $40.1b; European Union 28 6.8%, comprising: services $9.9b, goods $12.4b, total $22.2b; OECD 40.1%, comprising: services $26.7b, goods $104.2b, total $130.9b; Total exports (c), comprising: services $60.1b, goods $266.8b, total $326.9b

(a) All data is on a balance of payments basis, except for goods by country which are on a recorded trade basis.
(b) May exclude selected confidential export commodities. Refer to the DFAT website (http://dfat.gov.au/about-us/publications/trade-investment/Pages/dfat-adjustments-to-abs-official-trade-data.aspx) for more information and a list of the commodities excluded.
(c) Totals may not add due to rounding.
Actual goods export total based on unpublished ABS data, except for Singapore.
Based on ABS trade data on DFAT STARS database, ABS catalogue 5368.0.55.004 and unpublished ABS data.

Australia's global import position

How we compare to the rest of the world 2014 (US$ billion)

Rank Country Goods (a) Services (b) Total imports % share
1 United States 2,413 476 2,888 12.0
2 China 1,959 384 2,343 9.8
3 Germany 1,216 328 1,543 6.4
4 Japan 822 192 1,014 4.2
5 France 678 248 926 3.9
6 United Kingdom 684 204 888 3.7
7 Netherlands 588 157 744 3.1
8 Hong Kong (c) 601 76 676 2.8
9 Republic of Korea 526 115 641 2.7
10 India 463 148 611 2.5
11 Italy 472 115 587 2.4
12 Canada 475 107 582 2.4
13 Belgium 452 115 568 2.4
14 Singapore 366 142 508 2.1
15 Mexico 412 35 446 1.9
16 Russian Federation 308 121 429 1.8
17 Spain 358 70 428 1.8
18 Switzerland 276 93 369 1.5
19 United Arab Emirates 262 71 333 1.4
20 Brazil 239 88 328 1.4
21 Taiwan 274 46 320 1.3
22 Australia 241 64 304 1.3
23 Thailand 228 53 281 1.2
24 Turkey 242 25 268 1.1
25 Saudi Arabia 163 97 260 1.1
26 Poland 220 36 256 1.1
27 Malaysia 209 45 254 1.1
28 Austria 182 53 235 1.0
29 Sweden 163 67 229 1.0
30 Ireland 71 142 213 0.9
Total imports 19,091 4,904 23,995 100.0

(a) Goods on recorded trade basis.
(b) Services on balance of payments basis.
(c) Special Administrative Region of China.
Source: WTO online database.

Australia's top 10 import sources 2014 (a) (b)

($ billion)

1. China 16.1%, comprising: services $2.2b, goods $52.1b, total $54.3b; 2. United States 12.4%, comprising: services $13.2b, goods $28.7b, total $41.9b; 3. Japan 5.9%, comprising: services $2.7b, goods $17.2b, total $20.0b; 4. Singapore 5.4%, comprising: services $5.4b, goods $12.7b, total $18.1b; 5. Germany 4.1%, comprising: services $1.8b, goods $12.0b, total $13.9b; 6. Thailand 3.8%, comprising: services $1.9b, goods $10.9b, total $12.9b; 7. Malaysia 3.8%, comprising: services $1.4b, goods $11.3b, total $12.7b; 8. Republic of Korea 3.7%, comprising: services $0.6b, goods $12.0b, total $12.6b; 9. United Kingdom 3.7%, comprising: services $6.3b, goods $6.2b, total $12.5b; 10. New Zealand 3.4%, comprising: services $3.4b, goods $8.0b, total $11.3b

Total imports

($ billion)

APEC 65.9%, comprising: services $39.6b, goods $182.5b, total $222.1b; ASEAN 18.2%, comprising: services $13.0b, goods $48.4b, total $61.4b; European Union 28 18.3%, comprising: services $16.1b, goods $45.6b, total $61.8b; OECD 47.6%, comprising: services $39.1b, goods $121.2b, total $160.3b; Total imports (c), comprising: services $70.5b, goods $266.5b, total $336.9b

(a) All data is on a balance of payments basis, except for goods by country which are on a recorded trade basis.
(b) May exclude selected confidential import commodities. Refer to the DFAT website (http://dfat.gov.au/about-us/publications/trade-investment/Pages/dfat-adjustments-to-abs-official-trade-data.aspx) for more information and a list of the commodities excluded.
(c) Totals may not add due to rounding.
Actual goods import total based on unpublished ABS data, except for Singapore.
Based on ABS trade data on DFAT STARS database, ABS catalogue 5368.0.05.004 and unpublished ABS data.

Top 10 two-way trading partners 2014 (a) (b)

($ billion)
Rank Country Goods Services Total % share
1 China 142.1 10.4 152.5 23.0
2 Japan 65.4 4.8 70.2 10.6
3 United States 40.6 19.8 60.4 9.1
4 Republic of Korea 32.4 2.2 34.6 5.2
5 Singapore 21.1 9.1 30.2 4.5
6 New Zealand 16.1 7.4 23.5 3.5
7 United Kingdom 9.9 10.9 20.8 3.1
8 Malaysia 17.4 3.2 20.6 3.1
9 Thailand 16.1 2.9 19.0 2.9
10 Germany 13.7 3.0 16.7 2.5
Total top 10
trading partners
374.9 73.6 448.5 67.6
Total two-way trade 533.3 130.6 663.8 100.0
of which: APEC 406.1 76.4 482.5 72.7
ASEAN 78.7 22.8 101.5 15.3
EU28 58.0 26.0 84.0 12.7
OECD 225.4 65.9 291.2 43.9

(a) All data is on a balance of payments basis, except for goods by country which are on a recorded trade basis.
(b) May exclude selected confidential export and import commodities. Refer to the DFAT website (http://dfat.gov.au/about-us/publications/trade-investment/Pages/dfat-adjustments-to-abs-official-trade-data.aspx) for more information and a list of the commodities excluded.
(c) Totals may not add due to rounding.
Based on ABS trade data on DFAT STARS database, ABS catalogue 5368.0.05.004 and unpublished ABS data.

Total two-way trade by region 2014

China, $152.5b, 23.0%; Japan, $70.2b, 10.6%; Republic of Korea, $34.6b, 5.2%; ASEAN, $101.5b, 15.3%; Other Asia, $61.2b, 9.2%; Total Asia $420.0b, 63.3%; Europe $95.5b, 14.4%; Americas $76.2b, 11.5%; Oceania and Antarctica $34.1b, 5.1%; Africa $10.3b, 1.5%; Other (a)$27.8b, 4.2%;

Regional breakdowns:
Asia includes Central Asia; Middle East; North Asia; South East Asia and Southern Asia.
Europe includes Eastern Europe; Northern Europe; South Eastern Europe; Southern Europe and Western Europe.
Americas includes North America; Caribbean; Central America and South America.
Oceania & Antarctica includes Antarctica; Pacific Islands and Other Oceania.
Africa includes Central & West Africa; North Africa and Southern & East Africa.
(a) Includes confidential items of trade.
Based on ABS trade data on DFAT STARS database, ABS catalogue 5368.0.55.004 and unpublished ABS data.

Last Updated: 26 November 2015