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Australia Yearbook - 2001

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1026 Year Book <strong>Australia</strong> <strong>2001</strong><br />

Total merchandise exports and<br />

imports<br />

In 1999–2000, <strong>Australia</strong>n merchandise exports<br />

rose by 13.1% to $97,255m and <strong>Australia</strong>n<br />

merchandise imports rose by 12.8% to<br />

$110,083m. Imports exceeded exports<br />

by $12,828m, an increase of $1,209m on the<br />

$11,619m deficit recorded in 1998–99<br />

(table 30.22 and graph 30.23).<br />

30.22 TOTAL MERCHANDISE EXPORTS AND<br />

IMPORTS<br />

Excess of<br />

exports or<br />

Exports Imports imports(a)<br />

Financial year<br />

$m $m<br />

$m<br />

1994–95 67 052 74 619 –7 567<br />

1995–96 76 005 77 792 –1 787<br />

1996–97 78 932 78 998 –66<br />

1997–98 87 769 90 684 –2 915<br />

1998–99 85 991 97 611 –11 620<br />

1999–00 97 255 110 083 –12 828<br />

(a) A negative sign indicates that imports exceed exports.<br />

Source: International Merchandise Trade (5422.0).<br />

Exports<br />

Imports<br />

30.23 TOTAL MERCHANDISE EXPORTS AND IMPORTS<br />

$b<br />

120<br />

110<br />

100<br />

90<br />

80<br />

70<br />

60<br />

1994–95 1995–96 1996–97 1997–98 1998–99 1999–00<br />

Source: International Merchandise Trade (5422.0).<br />

Merchandise exports and imports<br />

by country<br />

In <strong>Australia</strong>n merchandise trade statistics,<br />

external territories under <strong>Australia</strong>n<br />

administration are treated as separate countries,<br />

as are some self-governing territories and<br />

dependent territories under the administration of<br />

other countries.<br />

Country has a different meaning for exports and<br />

imports. For exports, country refers to the<br />

country to which the goods were consigned at<br />

the time of export. For imports, country refers to<br />

the country of origin of the goods, that is, where<br />

the majority of processing of the goods takes<br />

place. Where the country of consignment/origin<br />

is not known at the time of export/import, goods<br />

are recorded as Destination Unknown (exports)<br />

or Origin Unknown (imports).<br />

Graphs 30.24 and 30.25 show, respectively,<br />

<strong>Australia</strong>’s merchandise exports to selected<br />

countries and <strong>Australia</strong>’s merchandise imports<br />

from selected countries in 1999–2000. Table<br />

30.26 shows merchandise trade for the last three<br />

financial years, classified by country and the two<br />

country groups APEC and the European Union.<br />

Map 30.27 shows <strong>Australia</strong>’s net balance of trade<br />

with the rest of the world in 1999–2000.<br />

The main contributors to the $1,208m increase in<br />

the merchandise trade deficit for 1999–2000<br />

were:<br />

<br />

a $1,127m rise in the deficit with the United<br />

Kingdom as a result of a rise in imports of<br />

$811m (mainly Telecommunications and<br />

sound recording and reproducing apparatus<br />

and equipment; and Transport equipment,<br />

excluding road vehicles);

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