According to the latest statistic from the Australian government, the total value of the exports from Australia this May was around US$39.2 billion, increased by 15% month on month, and it was also a new peak high.

Among them, the growth was mainly coming from the strong market price of iron ore, which showed around a 9% month-on-month increase in May, and the total exports also showed a 9% increment.

Moreover, the main destination for Australian iron ore was China, with a scale of around US$12.7 billion in May.