News from the Institute for International Trade

Measuring diversification in Australian Goods Exports, 2001-2021: Policy and Technical Considerations

WORKING PAPER 12
China’s blocking of sales of Australian commodities has led to increased interest in diversification of Australia’s exports, to lessen dependence on the Chinese market. Australia’s export diversifications was increasing in the second half of the 21^st century, with the Australian government seeking new markets in the emerging economies. However, export concentration, both geographically and in products and commodities, has increased since the start of this century. This paper measures the geographical export concentration and the product concentration of Australian exports to China and the World over the previous 20 years, and the policy implications.  

[Read more about Measuring diversification in Australian Goods Exports, 2001-2021: Policy and Technical Considerations]