Eight months into 2022, Australia has sold US$264.7 billion in export products via international markets from January to August. That dollar metric suggests that the annualized export sales for Australia will be an estimated $3.97 billion for 2022, up about 14.9% year over year. The remainder of this analysis will drill down on the latest published annual statistics for … [Read more...] about Australia’s Top 10 Exports
Oceania
New Zealand’s Top 10 Exports
A sovereign island country southeast of Australia in the southwestern Pacific Ocean, New Zealand shipped US$43.3 billion worth of goods around the globe in 2021. That dollar amount reflects a 17.1% gain since 2017 and a 15.7% upturn from 2020 to 2021. Based on the average exchange rate for 2021, the New Zealand dollar depreciated by -0.5% against the US dollar since 2017 but … [Read more...] about New Zealand’s Top 10 Exports
Australia’s Top 10 Imports
Australia imported US$248.4 billion worth of goods from around the globe in 2021, up by 12.3% since 2017 and up by 22.8% from 2020 to 2021. Based on the average exchange rate for 2021, the Australian dollar depreciated by -2.3% against the US dollar since 2017 but strengthened by 8.3% from 2020 to 2021. Australia's stronger local currency since 2020 makes Australian imports … [Read more...] about Australia’s Top 10 Imports
Top Continents for Exported Products
Asian exporters accounted for 43.1% of the overall US$21.953 trillion worth of exported goods shipped during 2021. Close behind in second place were European countries trailed by suppliers in North America, Latin America excluding Mexico but including the Caribbean, Africa, then Oceania led by Australia and New Zealand. Below are key metric for exporting entities at the … [Read more...] about Top Continents for Exported Products
Top Oceanian Export Countries
Exported products from the continent called Oceania were worth a total US$406.9 billion in 2021, up by 44.3% from 5 years earlier in 2017 when the Oceanian continent’s exports were valued at $282 billion. Year over year, Oceania’s exports accelerated in value by 32.6% compared to $306.8 billion during 2020. In comparison, global exports from all countries worldwide equaled … [Read more...] about Top Oceanian Export Countries
