Australia's top five export markets remained the same in 2017-18, compared to the previous year. China was Australia's largest export destination, receiving 30.6 per cent of our total exports. A further 29.1 per cent of total exports went to Japan, the Republic of Korea, the United States and India, collectively. More than 75 per cent of Australia's exports went to Australia's top ten export destinations in 2017-18.
{caption}Australia's Top 10 Export Markets 2017-18 ($ billion){/caption}
1
Rank
Markets(a)(b)
Goods
Services
Total
% share
2
1
China
106.3
16.9
123.3
30.6
3
2
Japan
49.1
2.3
51.3
12.7
4
3
Republic of Korea
21.5
2.1
23.6
5.9
5
4
United States
12.3
9.2
21.4
5.3
6
5
India
16.3
4.8
21.1
5.2
7
6
Hong Kong (SAR of China)
11.4
3.1
14.5
3.6
8
7
New Zealand
9.3
5.0
14.4
3.6
9
8
Singapore
8.0
5.2
13.2
3.3
10
9
United Kingdom
6.5
5.3
11.8
2.9
11
10
Taiwan
9.4
1.5
11.0
2.7
12
Total top 10 markets
250.0
55.5
305.5
75.8
13
Total exports(d)
315.2
88.0
403.2
{caption}Australia's Top 20 Exports 2017-18{/caption}
