Industry News

China-Australia relations: iron ore prices helped offset weakened trade with China in 2020

Views : 221
Update time : 2021-02-05 17:03:58

Australia’s export figures for the final month of a tumultuous past year confirmed that momentum slowed in some trade with China amid various restrictions, but unbarred exports remained strong and buoyed overall trade between the two countries, according to the final December trade data from the Australian Bureau of Statistics.

While full-year exports of both goods and services to other countries rose by 3.9 per cent compared with the prior year, those to China rose only 0.3 per cent, according to an analysis by Capital Economics.

Related News
Read More >>
EU's aluminium scrap export tax plan has weak data foundation EU's aluminium scrap export tax plan has weak data foundation
Sep .18.2025
EU's aluminium scrap export tax plan has weak data foundation
Global primary aluminum market has short supply of 119,900 tons in Jul Global primary aluminum market has short supply of 119,900 tons in Jul
Sep .18.2025
Global primary aluminum market has short supply of 119,900 tons in Jul
Australia launches $500 million green iron investment fund Australia launches $500 million green iron investment fund
Sep .18.2025
Australia launches $500 million green iron investment fund
China's aluminum-related production statistics in Aug China's aluminum-related production statistics in Aug
Sep .18.2025
China's aluminum-related production statistics in Aug