Australia's China Exposure

We've left ourselves hopelessly exposed to China
Almost 35 per cent of our export trade is dominated by just one country. Of that, most consists of just one commodity: iron ore.

We're not the worst. That honour goes to Mongolia with a 90 per cent reliance on China. But given it is landlocked and borders the Middle Kingdom, that's not much consolation.

Although in 15th place globally, when it comes to trade reliance, we are rubbing shoulders with the least developed nations on earth. And when you strip it down to OECD nations, we are far and away the most exposed to China, with most European country exposure at 5 per cent or less.

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