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How dependent is Australia on China?

In 2024, China sold $75.2 billion to Australia, 26% of its imports, ranking 1st among its suppliers. Its share was 25.5% in 2019 and 5% in 1995. In 260 products it sells more than 50% of what Australia buys of them (in 63, more than 75%); what Australia buys from China in those products (dominated value) adds up to $41.9 billion, 14.5% of its imports.

Summary

Share of its imports
26%
Value imported
$75.2billion
Rank among its suppliers
1st
Products where it sells over 50%
260
Products where it sells over 75%
63
Dominated value
$41.9billion
Share of total imports
14.5%

Trend

Trend in shares

China went from 5% to 26% of what Australia buys

Share (%)

  • China 26%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19952,8755%5
19963,2145.2%5
19973,5015.7%4
19983,7146.1%3
19994,2526.5%3
20005,5547.7%3
20015,6238.6%3
20027,2749.9%3
20039,83210.9%3
200414,17212.9%2
200517,28213.9%1
200620,13614.5%1
200725,73215.7%1
200831,23715.9%1
200929,63718.5%1
201037,92119.3%1
201143,44018.8%1
201244,52718.4%1
201345,62320.1%1
201444,95420.5%1
201544,64922.9%1
201643,02223.1%1
201750,25722.9%1
201857,19024.8%1
201956,26525.5%1
202059,90628.4%1
202172,54128.1%1
202283,12927.4%1
202372,57525.4%1
202475,19126%1

Products where China sells more than half

ProductSupplierShareSecondValue
Cameras and broadcast equipmentChina56.5%Vietnam · 13.7%$4.6 billion
ComputersChina54.1%United States · 15.5%$4.1 billion
FurnitureChina74%Vietnam · 6.6%$1.5 billion
Computer and office machine partsChina56%Thailand · 6.4%$1.3 billion
Cables and wireChina59%United States · 7.6%$1.1 billion
Seats and chairsChina71%Vietnam · 5.4%$1.1 billion
ToysChina83.3%over 75%Vietnam · 6.7%$1.1 billion
Steel structuresChina68.1%Vietnam · 6.9%$1.1 billion
Women's suits and dressesChina63.8%Bangladesh · 8.5%$979 million
Electric heaters and hair dryersChina63.3%Italy · 6.9%$830 million
Diodes, transistors and solar cellsChina90.1%over 75%Singapore · 1.8%$821 million
Refrigerators, freezers and heat pumpsChina58.8%Thailand · 11%$821 million
TrailersChina71.9%United States · 6.6%$818 million
Lamps and light fittingsChina78.4%over 75%Italy · 4.3%$751 million
Bags, suitcases and casesChina50.3%Italy · 14%$744 million
Microphones and speakersChina63.8%Vietnam · 16.3%$727 million
Pesticides and herbicidesChina53.4%United States · 7.8%$703 million
Other iron or steel articlesChina60%United States · 6.2%$669 million
Plastic packagingChina56.7%Malaysia · 9.1%$616 million
Video game consoles and gamesChina70.8%United States · 11%$566 million
Sweaters and pulloversChina64.8%Bangladesh · 10.3%$564 million
Aluminum structuresChina81.8%over 75%Thailand · 2.2%$540 million
Home appliancesChina63.7%Malaysia · 16.3%$517 million
Mattresses, pillows and quiltsChina80.9%over 75%India · 3.9%$457 million
Sports equipmentChina55.3%United States · 10.6%$449 million
Plastic tableware and household itemsChina75.2%over 75%New Zealand · 4.7%$434 million
Vacuum cleanersChina69.3%Vietnam · 9.8%$424 million
Aluminum sheetChina60.4%South Korea · 17.3%$415 million
Men's suits and trousersChina52.1%Bangladesh · 16.9%$392 million
Metal hardware and fittingsChina54.7%Austria · 7.6%$385 million

and 230 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from China

Australia is China’s 14th-largest customer, with 2.1% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.