Industry News

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

Views : 177
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 >>
Hyundai plans to build new steel mill in Louisiana Hyundai plans to build new steel mill in Louisiana
Jan .16.2025
Hyundai plans to build new steel mill in Louisiana
Rio Tinto projects 2025 alumina production at 7.4-7.8 million tons Rio Tinto projects 2025 alumina production at 7.4-7.8 million tons
Jan .16.2025
Rio Tinto projects 2025 alumina production at 7.4-7.8 million tons
Global primary aluminum market has surplus of 295,100 tons in Nov 2024 Global primary aluminum market has surplus of 295,100 tons in Nov 2024
Jan .16.2025
Global primary aluminum market has surplus of 295,100 tons in Nov 2024
Aluminum stocks at Japan's 3 major ports grow by 13.2% m-o-m in Dec 2024 Aluminum stocks at Japan's 3 major ports grow by 13.2% m-o-m in Dec 2024
Jan .16.2025
Aluminum stocks at Japan's 3 major ports grow by 13.2% m-o-m in Dec 2024