Trade: Exports ($114 billion, 2005-2006)--
coal, iron ore, non-monetary gold, crude petroleum, and bovine meat.
Major markets--Japan, China, South Korea, U.S. ($7.3 billion),
Imports ($125 billion, 2005-2006)--
passenger motor vehicles, crude petroleum, computers, medicaments,
and telecommunications equipment. Major suppliers--China,
U.S. ($17.1 billion), Japan, Singapore, and Germany.
Australia’s non-monetary gold exports to India surged in 2003-04
following the reform of India’s gold trading regime, aimed at encouraging
India’s jewellery export industry. There is substantial domestic demand in
India for gold, particularly in rural India, which is increasing with growth
in incomes. In 2005-06, non-monetary gold accounted for $2.8 billion,
or 32 per cent of Australia’s exports to India
Australian imports from Spain grew by 7 per cent in 2006
to $A1.38 billion due to increased imports of goods ...
Bilateral relations between Australia and Spain are steadily expanding.
Spain offers significant potential as a partner for Australia, both in
the business sphere and in international relations. Similarly,
Australia's economic size and strength, and our global and regional role,
are increasingly being recognised by Spain as it seeks to play a more
substantial role in the Asia Pacific region.