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This is a list of the largest two-way trading partners of Australia, based on data released by the Australian Department of Foreign Affairs and Trade for the 2022 calendar year. [ 1 ] The largest trading partners
European Union: Australia-European Union Free Trade Agreement, entered negotiations in 2019, suspended since 2023. [9] United Arab Emirates: Australia-UAE Comprehensive Economic Partnership Agreement, negotiations starting in 2024.
Trade and investment is sizable between the two countries. Singapore is Australia's fifth largest trading partner (A$46.8 billion in 2021-22) and fifth largest source of foreign direct investment (A$148 billion in 2022). [6] [7]
The largest import and export merchandise trade partners for most countries of the world are listed below. Details for the European Union, Hong Kong and Macau are also included. In most cases the data relates to 2021 rankings. Data was extracted from the World Trade Organization's Trade Profile Database. [1] [2]
"We relate with China, for instance, a great trading partner, a great bilateral partner," he said. "But in security, closer to home… our shared territory needs to be protected, defended, policed ...
The Tariff Law, which was approved by China's top legislature after three rounds of deliberations going back to 2022, is the latest addition to Beijing's arsenal of trade defence instruments as it ...
At the time Gabon joined the Commonwealth of Nations in 2022, Australia's accredited representative was redesignated high commissioner. Gabon has not yet accredited a representative to Australia. Two way merchandise trade between the two countries was almost A$120 million in 2019–2020.
On 2 April 2022, an interim agreement was signed by Ministers Dan Tehan, representing the Morrison government of Australia, and Piyush Goyal, representing the Modi Government of India. [1] [2] The agreement cuts tariffs on a range of Australian exports to India, including coal, lentils, sheep meat and wool, lobsters and rare earths. It also ...