Australia exports to China Value Year Ores slag and ash $59.31B 2019 Commodities not specified according to kind $14.37B 2019 Mineral fuels, oils, distillation products $10.21B 2019 Meat and edible meat offal $2.76B 2019 Pearls, precious stones, metals, coins $2.08B 2019 Wool, animal hair, horsehair yarn and fabric $1.70B 2019 Copper $1.15B 2019 Wood and articles of wood, wood charcoal $1.08B 2019 Pharmaceutical products $977.45M 2019 Salt, sulphur, earth, stone, plaster, lime and cement $903.59M 2019 Which is the next product to be banned from export to China? If iron ore is banned, that will definitely affect both countries tremendously. And that will definitely affect the iron ore prices tremendously.