Nicknamed the Land Down Under, Australia is an island economy that strongly benefits from its close proximity to the vast markets of China and Japan which together represent about 40% of all Australian export sales. During 2015, Australia signed the China-Australia Free Trade Agreement (FTA), which opened tariff-free markets for agricultural, natural resources, energy and … [Read more...] about Australia’s Top Trading Partners
Oceania
New Zealand’s Top Trading Partners
An island nation in the southwestern Pacific Ocean located to the southeast of Australia, New Zealand shipped US$39.8 billion worth of products around the globe in 2018. That figure represents roughly 0.2% of overall global exports estimated at $17.547 trillion one year earlier for 2017 (calculated as of February 2, 2019). From a continental perspective, over half (55.3%) of … [Read more...] about New Zealand’s Top Trading Partners