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Looking at the trade between China and Australia, you may be confused: Who is a developed country?

2024-02-24 14:39:20

Taking the information disclosed by the General Administration of China Customs in 2023, the bilateral trade between China (specifically referred to as mainland China) has exceeded 6.4 trillion yuan, and the EU 27The trade amount between countries is about 55 trillion yuan, which continues to rank in the top two.

But ASEAN, the European Union, and the former China, Hong Kong, and Taiwan are all "regions"."From this perspective, the United States is the largest partner of Chinas foreign trade from this perspective. The trade amount is 4672.67 billion yuan, a decrease of 6.6%.

Japan is second, with my countrys trade volume of 2238.47 billion yuan, a decrease of 5.7%; the third in South Korea, the trade amount with my country is 2184.83 billion yuan, a reduction of 8.7%; Russia in 2023 in 2023; in 2023 It rose to my countrys fourth largest trading partner, with my countrys trade amount of 1691.59 billion yuan, soaring by 32.7%.

Fifth Vietnam, with my countrys trade amount of 1618.57 billion yuan, an increase of 5%; Australia six, with my countrys trade value of 16,10.82 billion yuan, rising by 9.8%. Among them, the amount of exports to Australia decreased by 0.2%, and the amount of imported goods rose by 15.3%.

The focus of today is Australia

In the trade between China and Australia, my country presents a deficit state. And the amount of deficit has reached a historical high due to the "rising price of iron ore" -the focus here is "Iron ore, which is the core part of Chinese imports of Australian goods."

According to information from the General Administration of Customs of China, Australian iron ore purchased by China in 2023 reached 591055 billion yuan.More than 54%of the total amount of imports from Australia in my country , and also surpassed the sum of my countrys export of goods to Australia.

In other words, if my country only purchases iron ore from Australia and does not import any other types of goods, then Australia in trade with China in China You can also get a surplus.This shows how much Australias foreign trade rely on "resource commodities".

Please pay attention to "iron ore, just part of resource commodities", China cannot not buy other resource products from Australia.Taking 2023 as an example, my country also purchases a large number of manganese ore, aluminum ore, zinc ore, cricket ore, liquefied natural gas from Australia.

Various types of mineral products such as petroleum and coal, and the import amount after iron ore reached 884.1 billion yuan, about 81%of the total amount of imports from Australia in China.These are primary products. In 2023, my country also purchased about 25.37 billion yuan of metal and their products from Australia.

About 2.32%of the total amount of imported goods from Australia in China, plus 81%mentioned above, totaling 83.32%; in addition, China also purchased from Australia in 2023 in 2023 Australia.All types of foods of 26.195 billion yuan include and are not limited to wheat, barley, oats, etc.

imported food accounts for 2.4%, plus 83.32%mentioned above, totaling 85.72%.In addition, my country has purchased other agricultural products such as wool, cotton, wood, walnuts, Hawaii, grapes and other agricultural products from Australia. The total amount is about 59 billion yuan, accounting for 5.4%.

Add 85.72%mentioned above, totaling more than 91%.The rest is the gold that accounted for more than 7%, which is close to 99%, and it has almost no imported industrial finished products. These seem to be a traditional "developed product structure that develops the external output of the economy", which is not like the industrial structure of developed countries at all.

What types of products are imported from China from my country?

First of all, including mechanical, electronics, optical and medical equipment, cars, passenger cars, etc., the total amount exceeded 221.8 billion yuan, about China42.7%of the total amount of export products in Australia, which basically belong to the main export force of traditional developed countries.

Followed by a variety of chemical products close to 61 billion yuan, accounting for 11.74%, and the total of 42.7%mentioned earlier was 54.44%. These products were once developed.The core part of the national export structure is the downward knife in the "scissors difference".

In 2023, Australia also purchased miscellaneous products such as textiles and furniture worth more than 114 billion yuan from China, with metal and their products with a amount of more than 49 billion yuan.Except for the latter, China has almost no output resource products to Australia.

In the list of developed countries mentioned by the International Monetary Fund, the World Bank and other institutions, Australia is not absent.But from the commodity trade list between China and Australia, have you doubted: Who is the developed country?This article is compiled and written by Nanksheng. Please do not reprint or plagiarize if you have no authorization!

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