Papua New Guinea’s Top 10 Exports

An Oceanian country immediately north of Australia, the Independent State of Papua New Guinea shipped US$8.7 billion worth of goods around the globe in 2016. That dollar amount results from a 57.8% gain since 2011 two years after the Great Recession kicked in, but equals a -10.9% drop from 2015 to 2016. Papua New Guinea’s […]

Highest Value Australian Import Products

Cars, trucks, automotive parts and rubber tires were among the 20 highest value Australian import products in 2016. The most valuable Australian imports also include mineral fuels including refined and crude oils. Phone system devices including smartphones is another area where Australia’s domestic supply lags demand, as is the case for imported medication mixes in […]

Australia’s Top 10 Imports

Australia imported US$189.3 billion worth of goods from around the globe in 2016, up by 14.3% since 2009 but down by -5.7% from 2015 to 2016 Australia’s top 10 imports accounted for over two-thirds (67.7%) of the overall value of its product purchases from other countries. Australian imports represent 1.1% of total global imports which […]

Australia’s Top 10 Major Export Companies

Three of Australia’s 10 largest export companies operate in the diversified metals and mining industry. A trio 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 -28.8% from US$268.3 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 […]

Fastest-Growing Australian Export Products

Five of the fastest-growing Australian export product categories posted triple-digit gains from 2010 to 2014. Please note that this analysis is at the 2-digit Harmonized Tariff System code level, which is better for looking at trends as opposed to uncovering more targeted opportunities at the 6, 8 or 10-digit code level. Fastest-Growing Australian Export Products […]