Australia exports a variety of commodities to China, including coal, iron ore, and natural gas. In March 2023, Australias exports to China hit a record high, with Chinese buyers purchasing Australian commodities such as thermal coal, iron ore lump, and iron ore fines. In 2022, Australias exports to China amounted to US$102.35 billion, with iron ore being the largest export product, followed by petroleum gas and gold. Other Australian exports to China include beef, wine, barley, seafood, and other agricultural products. Despite the risks, Australian exports to China have been booming again, with lithium being a significant contributor to the record high exports.