In terms of volume, the UK still ranks as Australia's biggest volume importer, responsible for 28 % of
its total export volume, followed by the US, mainland China, Canada, and Germany.
On Wednesday Mineral Resources released a quarterly report showing
total export volume rose 42 per cent from the previous quarter.
Not exact matches
Growth in Australia's
export volumes has remained weak over the past year or so, despite strong growth in global demand and world commodity prices, with
total exports virtually unchanged from four years ago (Graph 31).
Hesitant demand growth in the euro area explains the modest growth of
export and import
volumes in the region, since intra-regional trade accounts for around two - thirds of the area's
total trade.
Europe, led by Britain, is the number one region for Australian
exports, accounting for almost half of the
total volume.
Trade to Korea continues to exceed last year
volumes, with shipments in September increasing by 29 % to 12,115 t, compared with the same period in 2010, and
exports for the first nine months
totalling 109,183 t, up 21 %.
While connections between Western Europe, the Americas, and Africa boomed, trade across the Iron Curtain withered:
Exports from Western Europe to the East represented less than 5 % of Western Europe's
total trade
volume.
In the chart below we separate out the changes into the emission intensity (emissions per unit economic activity, dark blue), production structure (the relationship between industry sectors, pink),
export structure (the mix of products
exported, bright green) and
export volume (the
total amount of
exports, light blue).