Connected to Asia

Australia is geographically close to and has longstanding trade, investment and cultural ties with the Asia-Pacific region.

Existing and new trade agreements are set to drive the flow of goods, services and investments between Australia and its major trading partners in Asia, Europe and North America.

Australia has an open trading economy where:

  • two-way trade in goods and services totalled A$664 billion in 2014 (42 per cent of GDP)
  • ten of the country’s top 12 goods and services export markets were in the Asian region
  • foreign investment stock totalled almost A$3 trillion as at June 2015
  • inward foreign direct investment stock reached A$688 billion in 2014, up 40 per cent from 2009 figures.

Top trading partners - China, Japan, USA, South Korea and Singapore

Charts from the Benchmark Report

The Australia Benchmark Report provides rich data demonstrating why there is no better place than Australia to do business. The report examines five key reasons for investing in Australia – Growth, Innovation, Talent, Location and Business – and compares Australia’s credentials with other countries.

Charts can be downloaded and saved as images for use in reports and presentations (please reference www.austrade.gov.au).