Australia's Natural Resources

1. Who is Australia's largest export partner? What products do they export with them? How much of each product do they export? For what purpose does that country need the products they import from Australia?


Australia's largest export partner is Japan. They export about US$26.4 billion (up 24.2% from prior year). They export coal, gold, meat, wool, alumina, iron ore, wheat, machinery and transport equipment. I believe that they import these from China as it would be cheaper to import these from China. i believe that we export those goods because we are a rich country which these minerals and china does not have many minerals. 




2. Who is Australia's largest import partner? What do they import from them? How much? Why do you think that Australia imports these goods from this country?



Australia's largest import partner is the United States. They import about $22.4 billion (up 5.8% from 2004-5). Materials handling equipment, Civilian aircraft, Medicinal equipment, Minimum value shipments,Excavating equipment, Telecommunications equipment, Pharmaceutical preparations, Computer accessories,z Other vehicle parts & accessories. I believe that America imports these things from America because Australia is  not as good at manufacturing all of these items.

1. Materials handling equipment … US$876.9 million (4.9% of Australian from U.S. imports, up 46.6% from 2005)
2. Civilian aircraft … $744.6 million (4.2%, up 8.3%)
3. Medicinal equipment … $733 million (4.1%, up 18.3%)
4. Minimum value shipments … $718.6 million (4%, up 14%)
5. Excavating equipment … $714 million (4%, up 7.3%)
6. Telecommunications equipment … $710.9 million (4%, up 14.5%)
7. Pharmaceutical preparations … $663.7 million (3.7%, up 0.5%)
8. Computer accessories … $586 million (3.3%, up 15.3%)
9. Other vehicle parts & accessories … $478 million (2.7%, up 9.2%)
10. Other industrial machines … $469.8 million (2.6%, up 26.3%).