Australian Trade
Australian trade refers to the exchange of goods and services between Australia and other countries. The nation is known for its rich natural resources, exporting commodities like iron ore, coal, and gold. Additionally, Australia imports machinery, vehicles, and electronics to support its economy.
The country's main trading partners include China, Japan, and the United States. Trade agreements, such as the Australia-United States Free Trade Agreement, help facilitate smoother exchanges. Overall, trade plays a crucial role in Australia's economic growth and development, contributing significantly to its GDP.