G20 MEMBERS

Argentina Italy

Australia Japan

Brazil Republic of Korea

Canada Mexico

China Russia

European Union Saudi Arabia

France South Africa

Germany Turkey

India United Kingdom

Indonesia United States

GENERAL INFORMATION

Chair Australia (2014)

Population 4,535 million (2012)

Share of world population: 64.6%

Fact sheet

1December 2013

0

50,000

100,000

150,000

200,000

250,000

2007 2008 2009 2010 2011 2012

A$m

Imports

Exports

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

Primary STM ETM Other

A$m2007

2012

Australia’s merchandise trade with G20

Australia’s merchandise exports to G20

RECENT ECONOMIC INDICATORS

2008 2009 2010 2011 2012(a) 2013(b)

GDP (US$tn) (current prices) 54.1 51.4 55.8 61.4 62.1 63.1

Share of World GDP (%) 87.5 87.7 87.1 86.7 86.0 85.9

GDP PPP (US$tn) (c) 58.8 58.6 62.3 65.9 68.9 71.8

GDP per capita (US$) 12,325 11,612 12,492 13,639 13,700 13,802

GDP per capita PPP (US$) (c) 13,393 13,254 13,956 14,641 15,202 15,699

Australia and the G20

2December 2013

G20

T/01

15

AUSTRALIA’S TRADE AND INVESTMENT RELATIONSHIP WITH G20 (d)

Australian merchandise trade with G20, 2012 Total share Growth (yoy)

Exports to G20 (A$m) 192,582 77.7% -5.7%

Imports from G20 (A$m) (e) 163,721 67.6% 7.7%

Total trade (exports + imports) (A$m) (e) 356,303 72.7% -0.0%

G20’S EXPORTS TRADE, 2012

World share

Merchandise exports (US$bn) 13,804 75.0%

Services exports (US$bn) 3,441 77.7%

Total exports (merchandise + services) (US$bn) 17,245 75.5%

Major Australian exports, 2012* (A$m)

Iron ores & concentrates 52,987

Coal 37,059

Gold 12,967

Crude petroleum 5,873

Copper ores & concentrates 5,026

* Includes A$23bn of confidential items, 12% of total exports.

Major Australian imports, 2012* (A$m)

Passenger motor vehicles 15,786

Telecom equipment & parts 6,945

Civil engineering equipment & parts 6,572

Medicaments (incl veterinary) 6,442

Goods vehicles 5,808

Australia’s trade in services with G20, 2012 Total share

Exports of services to G20 (A$m) 28,566 56.2%

Imports of services from G20 (A$m) 34,070 53.8%

Australia’s investment relationship in G20 Total investment Share of total FDI Share of total

Australia’s investment in G20 (A$m) 976,566 75.3% np na

G20's investment in Australia (A$m) 1,479,094 68.2% np na

Compiled by the Trade Advocacy and Statistics Section, DFAT, using the latest data from the ABS, the IMF and various international sources.

(a) All recent data subject to revision; (b) IMF forecast; (c) PPP is purchasing power parity; (d) Total may not add due to rounding; (e) Based on unpublished ABS data and includes confidential aircraft imports from the US only. Import totals exclude confidential aircraft imports from September 2008 onwards; (f ) Stock, as at 31 December. Excludes data not published by the ABS (Saudi Arabia for AIA and Argentina, Brazil and Croatia for FIA). Released annually by the ABS.

na = Data not available. np = Data not published. .. = Data not meaningful.