Australia's Top 10 Export Products and Trading Partners in 2025
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China's wave of strict restrictions on Australian exports had next-to no impact on our economy. The Productivity Commission estimates that sanctions on coal, wine and barley only reduced real GDP by 0.009%. That's a loss of about $225 million - well short of the tens of billions of dollars feared as Australia looked to other markets. The sanctions were imposed after Australia's push for an inquiry into the origins of COVID-19. 7NEWS at 6pm. More local news: 7news.com.au/news/sydney #China #7NEWS
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