In 2025, Australia sold USD 101.7 billion of goods to China and bought USD 82.9 billion from it. The DESTA database lists 1 trade agreement that includes both countries, the most recent being Australia China (2015). Both are members of the G20 and APEC. Their agreement score in UN General Assembly voting was 52 percent in 2023, and 50 percent on average over 2019 to 2023.
Benefits
BothTrade in goods runs both ways in similar amounts: Australia sold USD 101.7 billion and China sold USD 82.9 billion in 2025.
BothTwo-way trade in machinery, vehicles and iron and steel grew 84 percent, from USD 12.4 billion in 2019 to USD 22.8 billion in 2025.
BothTrade in pharmaceutical products runs both ways in similar amounts: Australia sold USD 304 million and China sold USD 214 million in 2025.
Constraints
BothTwo-way trade in mineral fuels and oils has swung between USD 1.66 billion and USD 13.0 billion since 2019.
BothFlows are one-sided: in 2025, Australia sold USD 2.60 billion of critical minerals and metals, against USD 21.4 million the other way.
BothFlows are one-sided: in 2025, Australia sold USD 9.34 billion of agricultural and food products, against USD 1.66 billion the other way.