Media Release

Australia's trade with East Asia, the European Union and the Americas in 2008

3 September 2009

The Department of Foreign Affairs and Trade (DFAT) released three trade analysis publications today:

These three regions account for more than 80 per cent of Australia's total trade with the world.

Australia's Trade with East Asia

Australia's Trade with the European Union

Australia's Trade with the Americas

Australia's Trade with the Americas also includes an article on the significance of the United States to Australia as a trading and investment partner.

The article highlights the growing importance of services trade, and notes that the United States is Australia's largest trading partner for services. The article examines the changing composition of Australia's merchandise exports to the US and shows exports of manufactured goods have grown proportionately, relative to exports of primary goods.

The article also shows that the United States has been the largest direct investor in Australia from 1991 to 2008 and a key destination for Australian direct investment abroad during that period. In 2008, more than two out of every five dollars invested by Australia abroad as direct investment funds, were in the United States.

These reports are part of a series of trade publications released each year by DFAT.

Media Enquiries: DFAT Media Liaison - 02 6261 1555