MAJOR TRADING PARTNERS
Based on the volume of trade with the state, Victoria's biggest trading partner in 2008-09 was China, with combined exports and imports of $13,565m. The next biggest trading partners were the United States of America, Japan, New Zealand and Germany. With the exception of New Zealand (a trade deficit of $629m), Victoria's largest trade deficits in 2008-09 were recorded with its biggest trading partners - China ($9,227m), the United States of America ($5,222m), Germany ($3,389m) and Japan ($3,103m). Over the same period, trade surpluses were recorded with 4 of the state's 30 major trading partners. The largest of these was with Saudi Arabia ($1,058m), followed by the United Arab Emirates ($507m).
The top five destinations of Victoria's exports in December quarter 2009 were China, New Zealand, Japan, the United States of America and Saudi Arabia. Combined, 46.4% of the state's exports in the quarter went to these countries. Nearly one-fifth (19.4%) of imports to Victoria came from China, with the United States of America (11.0%) and Japan (10.0%) being the next two largest sources.
View underlying table as an Excel spreadsheet: International merchandise trade, By Major trading partner - Victoria (file size 27kB).
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