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Data Alert: Australia's two-way trade surpasses A$570 billion mark

19 December 2011

Australia's integration with the world economy, particularly with the dynamic Asia-Pacific region, continues to drive wealth creation and growth.

Australia's two-way trade now accounts for more than 40 per cent of GDP with a total value of A$574 billion in FY2010-11. This is up sharply from A$407 billion five years ago.

Australia's trade with Asia-Pacific Economic Cooperation (APEC) economies is strong with a total value of more than A$400 billion; this accounts for 70 per cent of Australia’s total exports and import bills. Nine of Australia’s 10 largest trading partners are APEC member countries.

Download Austrade Data Alert:  Australia’s two-way trade surpasses A$570 billion mark (PDF)

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