Australia is known as ‘the Land
down under’ because of its unique position below the equator. As per Australia export
data the total exports recorded 25.7 USD billion in March 2021. The Exports of
goods in June 2021 increased from the revised May 2021 estimate of $ 38,397
million by $ 2,889m (8%) to $ 41,287 million. Metalliferous ores increased
to a record high of $ 20,494 million, and accounted for almost half of Australia's
total export value in June.
As per Australia
export trade data, Australia was 19th largest exporter country in the world
during 2020. Given Australia’s population of 25.7 million people, value of
Australian exports in 2020 translated to roughly USD 9,900 for every resident
in the largest country in the Oceania continent.