Summary
- Australia → China
- $131.7billion
- China → Australia
- $75.2billion
- Australia’s balance
- $56.5billion
Balance
Australia’s trade balance with China
Trade between Australia and China grew 38.8-fold since 1995
USD billions (current). Australia’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 132
- Imports 75.2
- Balance +56.5
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $2.5 billion | $2.9 billion | -$414 million |
| 1996 | $3.4 billion | $3.2 billion | $205 million |
| 1997 | $3.3 billion | $3.5 billion | -$217 million |
| 1998 | $2.8 billion | $3.7 billion | -$946 million |
| 1999 | $3.1 billion | $4.3 billion | -$1.1 billion |
| 2000 | $4.4 billion | $5.6 billion | -$1.2 billion |
| 2001 | $4.6 billion | $5.6 billion | -$974 million |
| 2002 | $5.3 billion | $7.3 billion | -$2 billion |
| 2003 | $7.1 billion | $9.8 billion | -$2.7 billion |
| 2004 | $10.5 billion | $14.2 billion | -$3.7 billion |
| 2005 | $15.2 billion | $17.3 billion | -$2.1 billion |
| 2006 | $18.4 billion | $20.1 billion | -$1.8 billion |
| 2007 | $24.2 billion | $25.7 billion | -$1.6 billion |
| 2008 | $33.9 billion | $31.2 billion | $2.6 billion |
| 2009 | $37.3 billion | $29.6 billion | $7.7 billion |
| 2010 | $54.5 billion | $37.9 billion | $16.6 billion |
| 2011 | $73.6 billion | $43.4 billion | $30.1 billion |
| 2012 | $79.8 billion | $44.5 billion | $35.2 billion |
| 2013 | $89.4 billion | $45.6 billion | $43.7 billion |
| 2014 | $91.4 billion | $45 billion | $46.4 billion |
| 2015 | $71.5 billion | $44.6 billion | $26.8 billion |
| 2016 | $69.2 billion | $43 billion | $26.2 billion |
| 2017 | $90.9 billion | $50.3 billion | $40.7 billion |
| 2018 | $97.8 billion | $57.2 billion | $40.6 billion |
| 2019 | $117.1 billion | $56.3 billion | $60.8 billion |
| 2020 | $111.3 billion | $59.9 billion | $51.4 billion |
| 2021 | $156.4 billion | $72.5 billion | $83.8 billion |
| 2022 | $137.4 billion | $83.1 billion | $54.3 billion |
| 2023 | $146.7 billion | $72.6 billion | $74.1 billion |
| 2024 | $131.7 billion | $75.2 billion | $56.5 billion |
What they sell each other
What Australia sells to China
The top 10 headings in 2024, with their share of the total.
What China sells to Australia
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Sydney and Shanghai is 4,690 nautical miles (8,686 km) long: ≈ 11–14 days at sea (at 18 and 14 knots).
It does not cross any major canal or strait.
Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
China was Australia’s largest trading partner (32% of its trade), and Australia was China’s 8th (4%).
- China in Australia’s trade
- 31.7%
- China’s rank among Australia’s partners
- 1st
- Australia in China’s trade
- 3.6%
- Australia’s rank among China’s partners
- 8th
Compare with
Other partners of Australia
Other partners of China
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.