Australia imported US$202.8 billion worth of goods from around the globe in 2020, up by 7.2% since 2016 but down by -5.3% from 2019 to 2020. Based on the average exchange rate for 2020, the Australian dollar depreciated by -8% against the US dollar since 2016 and declined by -1% from 2019 to 2020. Australia's weaker local currency its imports paid for in stronger US dollars … [Read more...] about Australia’s Top 10 Imports
Oceania
New Zealand’s Top 10 Exports
A sovereign island country southeast of Australia in the southwestern Pacific Ocean, New Zealand shipped US$37.4 billion worth of goods around the globe in 2020. That dollar amount reflects a 10.8% gain since 2016 but a -2.1% downturn from 2019 to 2020. Based on the average exchange rate for 2020, the New Zealand dollar depreciated by -7.3% against the US dollar since 2016 and … [Read more...] about New Zealand’s Top 10 Exports
Australia’s Top 10 Exports
The Commonwealth of Australia shipped an overall US$254.3 billion worth of goods around the globe in 2020. That dollar amount reflects a 34.3% increase since 2016 but a -6.6% drop from 2019 to 2020. Based on the average exchange rate for 2020, the Australian dollar depreciated by -8% against the US dollar since 2016 and declined by -1% from 2019 to 2020. Australia's weaker … [Read more...] about Australia’s Top 10 Exports
New Zealand’s Top 10 Imports
New Zealand’s imports totaled US$37.2 billion in 2020, up by 3.3% since 2016 but down by -12.2% from 2019 to 2020. Based on the average exchange rate for 2020, the New Zealand dollar depreciated by -7.3% against the US dollar since 2016 and declined by -1.6% from 2019 to 2020. New Zealand's weaker local currency made its imports paid for in stronger US dollars relatively less … [Read more...] about New Zealand’s Top 10 Imports
Australia’s Top 10 Major Export Companies
Three of Australia’s biggest firms are banks that support financing for international trade transactions. In addition, two of Australia’s 10 largest exports-related companies operate in the oil and gas industry. To give some global trade perspective on recent company performance, the overall value of Australian exported goods rose by 42.5% from US$191.3 billion in 2015 to … [Read more...] about Australia’s Top 10 Major Export Companies
