Top 10 Exports from Solomon Islands

A sovereign Oceanian nation comprised of six major islands and over 900 smaller islands northeast of Australia, Solomon Islands shipped US$499.7 million worth of goods around the globe in 2017. That dollar amount reflects a 2.1% increase since 2013 and a 14.3% uptick from 2016 to 2017. Based on statistics from the International Monetary Fund’s […]

Papua New Guinea’s Top 10 Exports

An Oceanian country situated immediately north of Australia, the Independent State of Papua New Guinea shipped US$10.5 billion worth of goods around the globe in 2017. That dollar amount results from a 53% gain since 2013 and a 20.2% increase from 2016 to 2017. Based on estimates from the Central Intelligence Agency’s World Factbook, Papua […]

Highest Value Australian Export Products

Iron, coal, petroleum gases and gold lead the top 20 highest value Australian export products and accounted for half (53.7%) of the total value of Australian shipments during 2017. Australia also exports significant quantities of aluminum, miscellaneous base metals, wheat, meat and wool. The following list shows which Australian exports attracted the most sales during […]

Highest Value Australian Import Products

Cars, trucks, automotive parts and rubber tires were among the 20 highest value Australian import products in 2017. The most valuable Australian imports also include mineral fuels including both refined and crude oils. Phone system devices including smartphones is another area where Australian exhibit strong international demand, as is the case for imported medication mixes […]

Australia’s Top 10 Major Export Companies

Two of Australia’s 10 largest export companies operate in the diversified metals and mining industry. A pair of Australian oil and gas industry players also rank among the island country’s top 10 exporters. To give some contextual perspective on recent company performance, the overall value of Australian exports declined by -26% from US$256.2 billion in […]

Trade Wars: China Versus Australia

Chinese and Australian exporters and importers exchanged a total of about US$136.8 billion worth of products, a figure that represents inter-country sales to customers in both nations during 2014. Although China is the world’s number one exporter with global shipments valued almost 10 times higher than those for number 21 Australia, that doesn’t mean that […]

Australia Major Product Supply Advantages

Australia ran an overall trade surplus of US$12.9 billion for 2014. Australia earned positive trade balances with 114 of the 219 foreign geographic entities with which it exchanges exports and imports for a subtotal surplus of $88 billion. Australian exports to exceeded Australia’s imports from Asian nations by $65.4 billion in 2014. Similarly, Australia achieved […]

Fastest-Growing Oceanian Export Countries

Overall, the average increase in the total value of all Oceanian exports was 23.6% from 2010 to 2014. Based on 2014 export data, four Oceanian exporters more than doubled the value of their shipments over the 5-year period. Kiribati, an island nation in the Central Pacific ocean, enjoyed by far the largest gain. Fastest-Growing Oceanian […]