In 2025, The Trade Relationship between China And Australia Is Expected To Continue To Be Stable And Show Positive Development Trends.

In 2025, the trade relationship between China and Australia is expected to continue to be stable and show positive development trends. The following are some of the main aspects of the trade forms between the two countries:

1. Commodity Trade

Main Export Products from Australia to China: Australia is rich in natural resources and its main export products to China include iron ore, coal, natural gas, and agricultural products such as wheat and beef. These commodities are important for China's industrial production and meet the demand of China's large manufacturing industry and growing consumption market.

Main Export Products from China to Australia: China exports a wide range of industrial products to Australia, including electronics, machinery equipment, and daily consumer goods. These products are popular in the Australian market due to their high quality and competitive prices.

2. Service Trade

Education and Tourism: Australia has high-quality educational resources and its education services are in demand in China. The number of Chinese students studying in Australia has been increasing in recent years. In addition, Australia is also a popular tourist destination for Chinese tourists, and the tourism service trade between the two countries is booming.

Financial Services: With the deepening of economic cooperation between China and Australia, the financial service trade between the two countries is also developing. Australian financial institutions have certain advantages in areas such as investment banking and wealth management, and they are actively expanding their business in the Chinese market.

3. Trade Volume and Trends

Growth in Trade Volume: In 2023, the bilateral trade volume between China and Australia reached a record high of 229.2 billion US dollars, with a year-on-year increase of 4.1%. Among them, China's exports to Australia were 73.8 billion US dollars, and imports from Australia were 155.4 billion US dollars. In 2024, although the trade volume between the two countries showed a slight decline in the first 10 months, it is expected to rebound in 2025 with the continuous improvement of the economic situation and the implementation of relevant policies.

Positive Development Trends: The signing of the Memorandum of Understanding between the Ministry of Commerce of China and the Department of Foreign Affairs and Trade of Australia on further promoting the implementation of the China-Australia Free Trade Agreement in 2024-2025 will further deepen the cooperation between the two countries in the framework of the free trade agreement and promote the stable and healthy development of bilateral trade. In addition, the continuous improvement of the business environment and the strengthening of economic complementarity between the two countries will also provide favorable conditions for the development of trade in 2025.