Australia faced several disruptions in its trade with China last year. Photo: Getty Images
Australia faced several disruptions in its trade with China last year. Photo: Getty Images

China-Australia relations: iron ore prices helped offset weakened trade with China in 2020

  • In the absence of trade restrictions, Australia’s exports of goods and services to China might have risen by double digits 2020, rather than just 0.3 per cent, economist says
  • While exports such as wine suffered from trade disruptions with China, Australia was able to mitigate the damage to exports such as coal by redirecting them to other countries

Australia faced several disruptions in its trade with China last year. Photo: Getty Images
Australia faced several disruptions in its trade with China last year. Photo: Getty Images
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