source avatarChris Tipper | 📈 ₿ 🥇🥈

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In 2024 China took about 36.9 percent of Australia’s goods exports. That is up from a decade earlier, not down. For every three dollars earned from goods exports, a large slice still runs through one market. Diversification talk has been loud. The share has kept rising. Iron ore is the sharpest example, but it is not the only one. Concentration is a vulnerability even when the buyer is still paying.

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