MAJOR TRADING PARTNERS
Based on the value of trade, Victoria's biggest trading partner in 2009-10 was China, with combined exports and imports of $12,857m. 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 -$355m), Victoria's largest trade deficits in 2009-10 were recorded with its biggest trading partners - China (-$8,097m), the United States of America (-$4,510m), Japan (-$3,548m) and Germany (-$3,362m). Over the same period, trade surpluses were recorded with four of the state's 30 major trading partners, Saudi Arabia ($1,030m), United Arab Emirates ($395m), Hong Kong ($163m) and Philippines ($6m).
The top five destinations of Victoria's exports in September quarter 2010 were China, New Zealand, Japan, the United States of America and the Republic of Korea. Combined, 44.6% of the state's exports in the quarter went to these countries. Over one-fifth (20.1%) of imports to Victoria came from China, with the United States of America (11.5%) and Japan (8.7%) being the next two largest sources.
View underlying table as an Excel spreadsheet: Download International merchandise trade, By Major trading partner - Victoria from the Downloads Page.
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