Trade Resources Economy Economic News of Australia in December of 2015

Economic News of Australia in December of 2015

In 2015, Australia’s imports & exports volume was USD 388.59 billion, down 16.9% by year according to Australian Bureau of Statistics. The exports volume was USD 188.41 billion, down 21.5% and imports volume was USD 200.18 billion, down 12.0%. The trade deficit was USD 11.77 billion, compared to the trade surplus for the same period of last year.

Economic News of Australia  in December of 2015

In December, Australia’s imports & exports value was USD 31.13 billion, down15.6% by year. Exports value was USD 15.25 billion, down 21.5% and imports value was USD 15.88 billion, down 8.9%. The trade deficit was USD 640 million.

From January to December, imports & exports value between Australia and China was USD 107.21 billion, down 15.9%. Australia’s exports to China was USD 60.98 billion, down 24.5%. It accounted for xxx of 32.4’s total exports, up 1.3%. Australia’s imports from China reached USD 46.24 billion, down 1.1%. It accounted for 23.1 of total imports, up 2.5%.

Australia’s trade surplus with China was USD 14.74 billion from January to December, down 56.7%.

Up to December, China has become the biggest partner for Australia. It’s the largest market for Australia’s exports.

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