Trade Volume between NSW and China Amounted to Nearly AUD30 Billion in 2013

According to Australia Statistics Bureau on February 6, the trade volume of NSW-China in 2013 amounted to AUD29.346 billion, increasing by 7.99% year on year. Among others, AUD6.802 billion was the export of New South Wales ("NSW") to China and AUD22.544 billion was NSW’s import from China, lifting by 11.97% and 6.84% on a year-on-year basis respectively, and the trade deficit was AUD15.742 billion. Over the same period, NSW’s total trade volume around the globe amounted to AUD123.698 billion, slipping by 0.71% on a year-on-year basis. Among others, NSW’s export totaled AUD36.962 billion, dropping by 3.94% on a year-on-year basis and import AUD86.736 billion, increasing by 0.74% on a year-on-year basis; NSW’s trade deficit was AUD49.774 billion.

(Source: Ministry of Commerce Website)