Based on today’s new ABS international trade statistics, I prepared the charts below, which show Japan and China are our top two export destinations and the US and China are our top two sources of imports:

I was initially surprised by the US being number one as a source of imports, albeit not very far ahead of China, but it makes sense when one considers online purchases from US websites and large amounts of mining equipment that would be imported from the US.

Imports from both the US and China are growing strongly (see chart below).