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  5. arrow_forward_ios The Queensland - China Economic Relationship

The Queensland - China Economic Relationship

17 May 2015

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1. The annual value of Queensland’s goods exports to China is $10.8 billion.[1] This is –

  • 1.3 times that to Japan
  • 2.3 times that to India
  • 2.4 times that to Korea

2. The value of Queensland’s goods exports to China increased by $4.5 billion in the past five years. Exports to –

  • Japan fell by $6.5 billion
  • Korea fell by $1.8 billion
  • India fell by $0.5 billion

3. The annual value of Queensland’s minerals and fuels exports to China is $7.7 billion.[2] This is –

  • 1.3 times that to Japan
  • 2.1 times that to India
  • 2.6 times that to Korea

4. The annual value of Queensland’s agricultural exports to China is $1.7 billion.[3] This is –

  • 1.3 times that to Japan
  • 2.1 times that to Korea
  • 17 times that to India

5. The annual value of Queensland’s manufactured goods exports to China is $132 million.[4] This is –

  • 2.7 times that to Japan
  • 4.4 times that to India
  • 6.1 times that to Korea

6. Personal tourism is Queensland’s fifth largest export earner.[5] There have been 302,000 visitors from China in the past year.[6] This compares with –

  • 157,000 from Japan
  • 51,000 from Korea
  • 44,000 from India

7. Education is Queensland’s sixth largest export earner.[7] There are 10,935 Chinese students studying in Queensland universities.[8] This compares with –

  • 4,139 from India
  • 1,456 from Korea
  • 483 from Japan

8. Over the past five years Chinese investment in Queensland has totaled $13.2 billion.[9] This compares with –

  • $9.8 billion for Western Australia
  • $8.7 billion for New South Wales
  • $7.0 billion for Victoria

Endnotes

[1] As of September 2014. Source – Australian Bureau of Statistics (ABS)

[2] As of July 2014. SITC categories 27,28,3,68. Source – Queensland Government Statistician’s Office (QGSO)

[3] As of July 2014. SITC categories 0,1,2 (exc. 27, 28),4. Source – QGSO

[4] As of July 2014. SITC categories 5,6(exc. 68),7,8. Source – QGSO

[5] As of year-end 2013. Following SITC categories 32,01,68,28. Source – Department of Foreign Affairs and Trade (DFAT), QGSO.

[6] As of June 2014. Source – Tourism and Events Queensland

[7] As of year-end 2013. Following SITC categories 32,01,68,28 and personal tourism. Source – DFAT, QGSO.

[8] As of September 2014. Source – Australian Trade Commission

[9] The figures are for 2009-2013. Source – University of Sydney / KPMG.

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