Australian exports surge despite China stoush

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Australia’s soured relations with its biggest trading partner hasn’t stopped it achieving record export milestones, with strong demand for two commodities.

Data released on Monday shows Australia exported $9 billion worth of goods more than it imported, up from $7.4 billion in November.

The increase in cereals was driven by wheat, up a whopping 423 per cent, and barley, up a surprisingly impressive 254 per cent given China imposed a whopping 80.5 per cent tariff on Australian barley following anti-dumping investigations in May. Australian malting barley is being used to make Heineken beer in Mexico. Picture: Patrick Hertzog/AFP“Strong growing conditions in Australia’s wheatbelt and lower than average rainfall in the Black Sea growing region has driven demand for Australian wheat to record highs,” the ABS said on Monday.

Exports of Australian coal used in steelmaking increased to India, Japan and South Korea last month. Picture: Simon Bullard/The AustralianTotal imports to Australia dropped by 9 per cent, with transport equipment down 74 per cent.“Carrying on the trend through the second half of this year, we continue to see a rise in road vehicle imports with December recording the highest monthly value, surpassing the previous record set in June 2018,” Ms Hutt said.

 

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Time to tell China to get Fucked & FUCK OFF

If they try anything against Taiwan, they're going to need more than barley, iron and beef! Count on that!!😊😉

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