MAJOR TRADING PARTNERS
For the year ended August 2007, Victoria recorded its highest trade deficit with China (-$6,629m) followed by USA (-$5,066m) and Japan (-$3,118m). For the same period, Victoria recorded its highest trading surplus with Saudi Arabia ($948m) followed by Papua New Guinea ($125m) and Hong Kong ($120m).
INTERNATIONAL MERCHANDISE TRADE(a)(b), By Major Trading Partners |
|
| Year ended August
2006 | Year ended August
2007 |
|
|
|
| Exports | Imports | Exports | Imports |
| $m | $m | $m | $m |
|
Belgium | 53 | 527 | 92 | 560 |
Brazil | 59 | 286 | 77 | 247 |
Canada | 238 | 472 | 241 | 544 |
China | 1 747 | 7 587 | 2 086 | 8 715 |
Fiji | 141 | 69 | 96 | 67 |
Finland | 11 | 240 | 18 | 282 |
France | 118 | 1 844 | 167 | 1 619 |
Germany | 395 | 3 215 | 396 | 3 342 |
Hong Kong (Sar of China) | 564 | 395 | 492 | 372 |
India | 252 | 466 | 323 | 488 |
Indonesia | 535 | 955 | 506 | 1 063 |
Italy | 275 | 1 425 | 260 | 1 657 |
Japan | 1 707 | 4 873 | 1 802 | 4 920 |
Korea, Republic of | 1 187 | 1 548 | 1 312 | 1 432 |
Malaysia | 455 | 1 621 | 539 | 1 769 |
Mexico | 183 | 342 | 158 | 389 |
Netherlands | 146 | 455 | 137 | 515 |
New Zealand | 2 132 | 2 179 | 2 188 | 2 254 |
Pakistan | 65 | 71 | 83 | 70 |
Papua New Guinea | 151 | 54 | 160 | 35 |
Philippines | 241 | 206 | 196 | 192 |
Saudi Arabia | 1 064 | 167 | 1 044 | 96 |
Singapore | 632 | 2 385 | 603 | 2 133 |
South Africa | 279 | 480 | 203 | 419 |
Sweden | 90 | 794 | 59 | 658 |
Switzerland | 68 | 384 | 49 | 458 |
Taiwan | 568 | 1 193 | 545 | 1 339 |
Thailand | 602 | 1 438 | 625 | 2 102 |
United Kingdom | 696 | 1 634 | 708 | 1 650 |
United States of America | 1 826 | 7 130 | 1 890 | 6 956 |
Other and unknown | 2 922 | 5 203 | 3 094 | 5 337 |
Total(c) | 19 401 | 49 640 | 20 149 | 51 682 |
|
(a) Victorian imports are those imported goods released from Customs control within Victoria. Victorian exports are those whose final stage of production or manufacture occurred within Victoria. |
(b) The list of countries in this table reflects the volume of trade with Victoria. |
(c) Any other discrepancies between sums of component items and the total are due to rounding. |
Source: ABS data available on request, Merchandise Exports Collection; ABS data available on request, Merchandise Imports Collection. |