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WTO Trade Profiles 2012 - World Trade Organization

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14<br />

Australia<br />

BASIC INDICATORS<br />

Population (thousands, 2011) 22 621 Rank in world trade, 2011 Exports Imports<br />

GDP (million current US$, 2011) 1 371 764 Merchandise 21 19<br />

GDP (million current PPP US$, 2011) 892 740 excluding intra-EU trade 15 13<br />

Current account balance (million US$, 2008) - 47 787 Commercial services 23 18<br />

<strong>Trade</strong> per capita (US$, 2009-2011) 22 764 excluding intra-EU trade 12 11<br />

<strong>Trade</strong> to GDP ratio (2009-2011) 44.4<br />

2011 2005-2011<br />

Annual percentage change<br />

2010 2011<br />

Real GDP (2005=100) 117<br />

3 2 2<br />

Exports of goods and services (volume, 2005=100) 118<br />

3 5 0<br />

Imports of goods and services (volume, 2005=100)<br />

TRADE POLICY<br />

151<br />

7 5 11<br />

<strong>WTO</strong> accession 1 January 1995 Contribution to <strong>WTO</strong> budget (%, <strong>2012</strong>) 1.225<br />

<strong>Trade</strong> Policy Review 5, 7 April 2011 Import duties collected (%, 2008-2010)<br />

GPA accession Observer in total tax revenue 1.8<br />

Tariffs and duty free imports to total imports 2.2<br />

Tariff binding coverage (%) 97.1 Number of notifications to <strong>WTO</strong> and measures in force<br />

MFN tariffs Final bound Applied 2011 Outstanding notifications in <strong>WTO</strong> Central Registry<br />

21<br />

Simple average of import duties Goods RTAs - services EIAs notified to <strong>WTO</strong> 8 - 6<br />

All goods 10.0 2.8 Anti-dumping (30 June 2011) 22<br />

Agricultural goods (AOA) 3.5 1.4 Countervailing duties (30 June 2011) 3<br />

Non-agricultural goods 11.0 3.1 Safeguards (26 October 2011) 0<br />

Non ad-valorem duties (% total tariff lines) 0.3 0.2 Number of disputes (complainant - defendant)<br />

MFN duty free imports (%, 2010)<br />

Requests for consultation<br />

7 - 13<br />

in agricultural goods (AOA)<br />

49.5 Original panel / Appellate Body (AB) reports 5 - 3<br />

in non-agricultural goods<br />

49.9 Compliance panel / AB reports (Article 21.5 DSU) 0 - 2<br />

Services sectors with GATS commitments 103 Arbitration awards (Article 22.6 DSU) 0 - 0<br />

MERCHANDISE TRADE<br />

Value<br />

Annual percentage change<br />

2011 2005-2011 2010 2011<br />

Merchandise exports , f.o.b. (million US$) 270 440<br />

17 38 27<br />

Merchandise imports , c.i.f. (million US$) 243 699<br />

12 22 21<br />

2011<br />

2011<br />

Share in world total exports 1.48 Share in world total imports<br />

1.32<br />

Breakdown in economy's total exports<br />

Breakdown in economy's total imports<br />

By main commodity group (ITS) By main commodity group (ITS)<br />

Agricultural products 12.6 Agricultural products 5.8<br />

Fuels and mining products 59.0 Fuels and mining products 18.9<br />

Manufactures 10.5 Manufactures 69.1<br />

By main destination By main origin<br />

1. China 27.5 1. China 18.5<br />

2. Japan 19.2 2. European Union (27) 17.8<br />

3. Korea, Republic of 8.9 3. United States 11.4<br />

4. European Union (27) 7.1 4. Japan 7.9<br />

5. India 5.9 5. Singapore 6.2<br />

COMMERCIAL SERVICES TRADE<br />

Value<br />

Annual percentage change<br />

2011 2005-2011 2010<br />

2011<br />

Commercial services exports (million US$) 50 881<br />

9 16 8<br />

Commercial services imports (million US$) 59 517<br />

12 23 19<br />

2011<br />

2011<br />

Share in world total exports 1.22 Share in world total imports<br />

1.51<br />

Breakdown in economy's total exports<br />

Breakdown in economy's total imports<br />

By principal services item<br />

By principal services item<br />

Transportation 10.7 Transportation<br />

26.1<br />

Travel 61.8 Travel<br />

45.2<br />

Other commercial services 27.5 Other commercial services<br />

28.7<br />

INDUSTRIAL PROPERTY<br />

Patent grants by patent office, 2010 <strong>Trade</strong>mark registrations by office, 2010<br />

Residents Non-residents Total<br />

Direct residents Direct non-residents Madrid Total<br />

1 178 13 379 14 557 24 210 7 913 7 820 39 943<br />

Download the data:<br />

www.wto.org/statistics<br />

Australia<br />

September <strong>2012</strong><br />

<strong>World</strong> <strong>Trade</strong> <strong>Organization</strong><br />

<strong>Trade</strong> <strong>Profiles</strong> <strong>2012</strong>

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