As the relationship between China and Australia began to thaw, China reduced the barriers to exporting power coal exports and increased the amount of iron inlet mouth, so that Australia's exports to China soared in March to a record high.
According to the data released by Reuters on Thursday (May 4), the export value of Australia in March reached A $ 19 billion (Same Same, S $ 16.8 billion) in March, an increase of 31%year -on -year.It exceeded the peak of the mid -2021 year.
This growth has promoted the total trade surplus of Australia to $ 15.3 billion, creating the second highest level in history, which is conducive to mining profits and taxes.
According to the Australian Bureau of Statistics, Australia's exports of iron ore and iron ore powder in China increased by 24.3%and 17.7%over the previous month.
Australia's power coal ring imported in March by Australia rose 125%month -on -month, offset the decline in exports to Japan.
In January this year, China canceled the ban on the import of coal imports in Australia, and the customs clearance of the product was restored accordingly.China was originally the main consumer of Australian coal, but due to the deterioration of the relationship between the two countries, China was not allowed to import Australian coal at the end of 2020.
Australia also resolved the barley tariff dispute in April this year and reached an agreement with China.
