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 over half of all Australian export sales. From a global perspective, Australia shipped US$401.1 billion worth of goods around the globe in 2022. That dollar amount reflects a 50.5% increase from $254.5 … [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$44 billion worth of goods around the globe in 2022. That dollar amount reflects a 14.4% upturn compared to $38.4 billion during 2018. Year over year, the value of products exported from New Zealand went up by 1.4% from $43.4 billion in 2021. The top 5 countries in … [Read more...] about New Zealand’s Top Trading Partners