{"id":7980,"date":"2010-12-07T10:22:00","date_gmt":"2010-12-07T11:22:00","guid":{"rendered":"https:\/\/theglobalherald.com\/?p=7980"},"modified":"2011-07-01T19:58:55","modified_gmt":"2011-07-01T20:58:55","slug":"china-is-australias-biggest-export-market","status":"publish","type":"post","link":"https:\/\/theglobalherald.com\/business\/china-is-australias-biggest-export-market\/","title":{"rendered":"China is Australia’s Biggest Export Market"},"content":{"rendered":"

China has overtaken the USA to become Australia\u2019s largest services export market in 2009-10, according to the Australian Bureau of Statistics.<\/p>\n

Services exports to China reached $5.8 billion in 2009-10, up 13.4% from the previous year. Combined goods and services exports\u00a0 increased by 17.8% over 2009-10.<\/p>\n

The United States, which held the top spot as Australia\u2019s largest services export market for the past 26 years, moved into second place in 2009-10 at just under $5.3 billion.<\/p>\n

Japan is the second top destination for Australian goods and services exports worth $39 billion.<\/p>\n

India also moved up the rankings, from fourth to third top destination for Australian goods and services exports at $19.8 billion; a 7.8 per cent increase on its share of the Australian export market in the previous year.<\/p>\n

The rankings for percentage share of two-way trade with Australia are as follows:<\/p>\n

    \n
  1. China $90.3 billion<\/li>\n
  2. Japan $58.9 billion<\/li>\n
  3. United States of America $48.9 billion<\/li>\n
  4. Republic of Korea $25.8 billion<\/li>\n
  5. India $22.3 billion<\/li>\n
  6. Singapore<\/li>\n
  7. United Kingdom<\/li>\n
  8. New Zealand<\/li>\n
  9. Thailand<\/li>\n
  10. Taiwan<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    China has overtaken the USA to … <\/p>\n

    Read More<\/a><\/p>\n","protected":false},"author":107,"featured_media":7981,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[157,169,125,4366,2515,126,255,2593,558,7917,2594,570,1744,304,329,252,4043,123,85,997,6498,4367],"news-source":[],"acf":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/theglobalherald.com\/wp-json\/wp\/v2\/posts\/7980"}],"collection":[{"href":"https:\/\/theglobalherald.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theglobalherald.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theglobalherald.com\/wp-json\/wp\/v2\/users\/107"}],"replies":[{"embeddable":true,"href":"https:\/\/theglobalherald.com\/wp-json\/wp\/v2\/comments?post=7980"}],"version-history":[{"count":0,"href":"https:\/\/theglobalherald.com\/wp-json\/wp\/v2\/posts\/7980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theglobalherald.com\/wp-json\/wp\/v2\/media\/7981"}],"wp:attachment":[{"href":"https:\/\/theglobalherald.com\/wp-json\/wp\/v2\/media?parent=7980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theglobalherald.com\/wp-json\/wp\/v2\/categories?post=7980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theglobalherald.com\/wp-json\/wp\/v2\/tags?post=7980"},{"taxonomy":"news-source","embeddable":true,"href":"https:\/\/theglobalherald.com\/wp-json\/wp\/v2\/news-source?post=7980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}