research / ACRI Facts

The Queensland-China Economic Relationship

June 08 2016

1. The annual value of Queensland’s goods exports to China is $11.6 billion.[1],[2] This compares with –

- $8.1 billion to Japan

- $6.0 billion to Korea

- $5.3 billion to India

2. The annual value of Queensland’s goods exports to China has increased by $4.9 billion over the past five years.[3] Exports to –

- Japan fell by $3.2 billion

- Korea increased by $0.1 billion

- India fell by $1.6 billion

3. Personal tourism is Queensland’s third largest export earner after coal and beef.[4]  Queensland has welcomed 442,000 visitors from China over the past year, an annual increase of 28.9 percent.[5] This compares with –

- 177,000 from Japan, an increase of 15.1 percent

- 59,000 from Korea, an increase of 17.4 percent

- 59,000 from India, an increase of 19.1 percent

4. Education-related travel is Queensland’s fourth largest export earner.[6] There are currently 14,614 Chinese students at Queensland educational institutions, an increase of 13.4 percent over the past year.[7] This compares with –

- 2,574 from Japan, an increase of 9.8 percent

- 4,530 from Korea, an increase of 9.4 percent

- 8,718 from India, an increase of 1.9 percent

5. Over the past five years Chinese investment in Queensland has totaled $11.2 billion.[8] This compares with –

- $17.4 billion for New South Wales

- $11.4 billion for Victoria

- $9.6 billion for Western Australia

6. China is the 6th largest foreign land owner in Queensland with holdings totaling 237,490ha.[9] This compares with –

- 2,229,850ha for the UK

- 548,070ha for the US

- 427,900ha for Switzerland

 

Sources

[1] This factsheet was prepared by Professor James Laurenceson, Deputy Director, Australia-China Relations Institute, University of Technology Sydney

[2] As of April 2016. Source – Australian Bureau of Statistics (ABS); http://stat.abs.gov.au/

[3] The figures are between April 2011 and April 2016. Source – ABS.

[4] As of 2014-2015. Source – Department of Foreign Affairs and Trade (DFAT); http://dfat.gov.au/about-us/publications/Pages/australia-s-trade-by-stat...

[5] As of March 2016. Source – Tourism and Events Queensland; http://teq.queensland.com/Research-and-Insights/Source-Market-Research/I...

[6] As of 2014-2015. Source – DFAT 

[7] As of April 2016. Source – Australian Government Department of Education and Training; https://internationaleducation.gov.au/research/International-Student-Dat...   

[8] The figures are for 2010-2015. Source – University of Sydney / KPMG; http://demystifyingchina.com.au/.   

[9] As of 2014-15. Source – Queensland Government Department of Natural Resources and Mines; https://www.dnrm.qld.gov.au/__data/assets/pdf_file/0010/307486/folr-2015...