The Australia-China Economic Relationship

17 May 2015

1. The annual value of Australia’s goods[1] and services[2] exports to China is $108 billion. This is –

2. The value of Australia’s goods and services exports to China increased by $64 billion in the past five years. Exports to –

3. The annual value of Australia’s minerals and fuels exports to China is $68.8 billion.[3] This is –

4. The annual value of Australia’s agricultural exports to China is $9.2 billion.[4] This is –

5. The annual value of Australia’s manufactured goods exports to China is $4.6 billion.[5] This is –

6. Education is Australia’s third largest export earner.[6] There are 117,656 Chinese students currently studying in Australia.[7]

This compares with –

7. Tourism is Australia’s sixth larger export earner.[8] There have been 759,800 visitor arrivals from China in the past year.[9]

This compares with –

8. The annual value of net Chinese investment in Australia is $8.8 billion.[10] This compares with –

Endnotes

[1] As of June 2014. Source – Australian Bureau of Statistics (ABS)

[2] As of year-end 2013. Source – Department of Foreign Affairs and Trade (DFAT)

[3] The figure is for 2013. Source – DFAT

[4] The figure is for 2013. Source – DFAT

[5] As of year-end 2013. Source – DFAT

[6] As of year-end 2013. Source – DFAT

[7] As of June 2014. Source – Australia Education International

[8] As of year-end 2013. Source – DFAT

[9] As of June 2014. Source – Tourism Australia

[10] The figure is for 2013. Source – ABS