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$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. That figure represents roughly 0.2% of overall global exports estimated at $17.503 trillion one year earlier during … [Read more...] about New Zealand’s Top Trading Partners
