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USA Australia Trade Relations
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 The United States is Australia’s most important economic partner and closest security ally.
The US is Australia’s third largest two-way trading partner in the goods and services market and the major source of foreign investment.
In 2005-06 Australia's merchandise exports to the US rose by 3.4 per cent to $9.77 billion. Australia's services exports in 2005-06 were $A5.35 billion, an increase of 5.7 per cent, and imports totalled $A7.07 billion.
(Source: Department of Foreign Affairs and Trade - Country brief)
Major Australian exports 2006-07 (A$m)
| Export |
2006-07 |
| Bovine meat |
1239 |
| Alcoholic beverages |
859 |
| Medical instruments |
436 |
| Meat (excluding bovine) |
413 |
Australian-US Free Trade Agreement (AUSFTA)
Australia's former Trade Minister, Mark Vaile and US Trade Representative, Bob Zoellick signed the Australia-US FTA in Washington, DC on May 18 2004. Read more details contained in the fact sheets and media release. |
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