Australia’s exports to China surged to record highs in March 
Australia’s exports to China surged to record highs in March 

Australia’s exports to China surged to record highs in March 

Exports of Australian goods to China hit A$19 billion ($12.71 billion) in March, a rise of 31% from a year earlier and pipping the previous peak from mid-2021, according to data released by Australian Bureau of Statistics on Thursday.

Export volumes of iron ore lumps and iron ore fines to China jumped 24.3% and 17.7% respectively from a month earlier, showed the data.

Shipments of thermal coal to China surged 125% by volume in March from February.

Beijing ended an unofficial ban on Australian coal in January, allowing customs clearance for the first time since 2020.