Australia: Economic indicators and trade with EU

02-06-2017

Australia is one of the most prosperous countries in the Asia-Pacific region. It has a strong and dynamic relationship with the EU, and negotiations for a free trade agreement between Australia and the EU are expected to be launched later in 2017. In 2016, Australia was the EU’s 19th largest trading partner, with a 1.3% share of the EU’s total trade. Further information on EU-Australia trade relations, such as the composition of trade between the two partners, can be found in this infographic, which also provides an economic snapshot of Australia.

Australia is one of the most prosperous countries in the Asia-Pacific region. It has a strong and dynamic relationship with the EU, and negotiations for a free trade agreement between Australia and the EU are expected to be launched later in 2017. In 2016, Australia was the EU’s 19th largest trading partner, with a 1.3% share of the EU’s total trade. Further information on EU-Australia trade relations, such as the composition of trade between the two partners, can be found in this infographic, which also provides an economic snapshot of Australia.