The Queensland - China Economic Relationship
1. The annual value of Queensland’s goods exports to China is $10.8 billion.[1] This is –
- 1.3 times that to Japan
- 2.3 times that to India
- 2.4 times that to Korea
2. The value of Queensland’s goods exports to China increased by $4.5 billion in the past five years. Exports to –
- Japan fell by $6.5 billion
- Korea fell by $1.8 billion
- India fell by $0.5 billion
3. The annual value of Queensland’s minerals and fuels exports to China is $7.7 billion.[2] This is –
- 1.3 times that to Japan
- 2.1 times that to India
- 2.6 times that to Korea
4. The annual value of Queensland’s agricultural exports to China is $1.7 billion.[3] This is –
- 1.3 times that to Japan
- 2.1 times that to Korea
- 17 times that to India
5. The annual value of Queensland’s manufactured goods exports to China is $132 million.[4] This is –
- 2.7 times that to Japan
- 4.4 times that to India
- 6.1 times that to Korea
6. Personal tourism is Queensland’s fifth largest export earner.[5] There have been 302,000 visitors from China in the past year.[6] This compares with –
- 157,000 from Japan
- 51,000 from Korea
- 44,000 from India
7. Education is Queensland’s sixth largest export earner.[7] There are 10,935 Chinese students studying in Queensland universities.[8] This compares with –
- 4,139 from India
- 1,456 from Korea
- 483 from Japan
8. Over the past five years Chinese investment in Queensland has totaled $13.2 billion.[9] This compares with –
- $9.8 billion for Western Australia
- $8.7 billion for New South Wales
- $7.0 billion for Victoria
Endnotes
[1] As of September 2014. Source – Australian Bureau of Statistics (ABS)
[2] As of July 2014. SITC categories 27,28,3,68. Source – Queensland Government Statistician’s Office (QGSO)
[3] As of July 2014. SITC categories 0,1,2 (exc. 27, 28),4. Source – QGSO
[4] As of July 2014. SITC categories 5,6(exc. 68),7,8. Source – QGSO
[5] As of year-end 2013. Following SITC categories 32,01,68,28. Source – Department of Foreign Affairs and Trade (DFAT), QGSO.
[6] As of June 2014. Source – Tourism and Events Queensland
[7] As of year-end 2013. Following SITC categories 32,01,68,28 and personal tourism. Source – DFAT, QGSO.
[8] As of September 2014. Source – Australian Trade Commission
[9] The figures are for 2009-2013. Source – University of Sydney / KPMG.
