US and Europe more vital for Australian trade than thought


The US and Europe account for a larger share of Australian exports than implied by conventional trade statistics "as some Australian content is exported to those locations indirectly via east Asia", according to a Reserve Bank of Australia working paper.

International Trade Costs, Global Supply Chains and Value-added Trade in Australia, by Gerard Kelly and Gianni La Cava, examines how the structure of production and trade in the country has been affected by the expansion of global networks.


Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account