The Commonwealth of Australia shipped an overall US$345 billion worth of goods around the globe in 2021. That dollar amount reflects a 50.2% increase since 2017 and a 35.6% uptick 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 … [Read more...] about Australia’s Top 10 Exports
Oceania
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
New Zealand’s Top 10 Imports
New Zealand’s imports totaled US$49.5 billion in 2021, up by 23.3% since 2017 and accelerating by 33.6% 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 strengthened by 8.3% from 2020 to 2021. New Zealand's stronger local currency compared to 2020 makes its imports paid for in … [Read more...] about New Zealand’s Top 10 Imports
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
Top Oceanian Export Countries
Exported products from the continent called Oceania were worth US$306.6 billion in 2020, up by 26.7% since 2016 when the continent’s exports were valued at $236.4 billion. From 2019 to 2020, Oceanian exports declined in value by -6.6%. In comparison, global exports from all countries equaled $17.142 trillion in 2020, rising 8.5% in value since 2016 but dropping -7.8% year. … [Read more...] about Top Oceanian Export Countries