October 2011
Australia
                         
BASIC INDICATORS
Population (thousands, 2010)  22 329 Rank in world trade, 2010 Exports Imports
GDP (million current US$, 2009)  924 843 Merchandise  21 19
GDP (million current PPP US$, 2009)  865 043 excluding intra-EU trade 15 13
Current account balance (million US$, 2010) - 31 991 Commercial services 22 20
Trade per capita (US$, 2008-2010)  20 881 excluding intra-EU trade 11 13
Trade to GDP ratio (2007-2009)   44.2
Annual percentage change
2009   2005-2009 2008 2009
Real GDP (2005=100)   112 3 4 1
Exports of goods and services (volume, 2005=100)  a   110 3 4 ...
Imports of goods and services (volume, 2005=100)  a   132 10 13 ...
                         
TRADE POLICY
WTO accession 1 January 1995 Contribution to WTO budget (%, 2011) 1.190
Trade Policy Review 5, 7 April 2011 Import duties collected (%, 2007-2009)
GPA accession  Observer in total tax revenue 1.8
Tariffs and duty free imports to total imports 2.3
Tariff binding coverage (%)    97.1 Number of notifications to WTO and measures in force 
MFN tariffs Final bound Applied 2010 Outstanding notifications in WTO Central Registry   10
Simple average of import duties Goods RTAs - services EIAs notified to WTO 8 - 6
All goods   10.0   2.8 Anti-dumping (30 June 2010) 24
Agricultural goods (AOA)   3.4   1.3 Countervailing duties (30 June 2010) 1
Non-agricultural goods   11.0   3.0 Safeguards (22 October 2010)   0
Non ad-valorem duties (% total tariff lines)   0.3   0.2 Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2009) Requests for consultation 7 - 10
in agricultural goods (AOA)   49.4 Original panel / Appellate Body (AB) reports 5 - 3
in non-agricultural goods   51.0 Compliance panel / AB reports (Article 21.5 DSU) 0 - 2
Services sectors with GATS commitments   103 Arbitration awards (Article 22.6 DSU) 0 - 0
                         
MERCHANDISE TRADE  Value Annual percentage change
2010   2005-2010 2009 2010
Merchandise exports, f.o.b. (million US$)  212 554 15 -18 38
Merchandise imports, c.i.f. (million US$)  201 640 10 -17 22
2010   2010
Share in world total exports    1.40 Share in world total imports  1.31
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   12.7 Agricultural products 5.9
Fuels and mining products   61.1 Fuels and mining products 15.3
Manufactures   12.6 Manufactures 72.3
  By main destination   By main origin
1. China   25.3 1. China   18.7
2. Japan   18.9 2. European Union (27)   18.3
3. Korea, Republic of   8.9 3. United States   11.1
4. European Union (27)   7.9 4. Japan   8.6
5. India   7.1 5. Thailand   5.2
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2010   2005-2010   2009 2010
Commercial services exports (million US$)  47 233   9 -9 17
Commercial services imports (million US$)  50 218   11 -15 24
2010   2010
Share in world total exports   1.28   Share in world total imports 1.43
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   10.5   Transportation 26.6
Travel   63.7   Travel 44.6
Other commercial services   25.8   Other commercial services 28.9
                         
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2008 Trademark registrations by office, 2009
Residents Non-residents  Total  Direct residents Direct non-residents Madrid  Total 
  925  10 938  11 863 ... ...  7 488  7 488
                         
a  Refers to 2008 and to the average annual percentage change for 2005-2008.