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Japan Set to Overtake China for Australia’s Biggest Trade Surplus
Keywords:
Australia's trade surplus with Japan exceeds its surplus with China in 2015
06/15/2015
Japan becomes Australia's largest trading partner in 2015. The fall in iron ore and coal prices has reduced the value of ore and coal exports to China. The closing down of Australia's auto industry means fewer car parts imported from Japan. Japan is a big importer of Australian LNG.
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