Lower iron ore prices have clearly taken their toll, with monthly export FOB values of $3.7 billion in November miles below the December 2013 peak of $7.2 billion.
Although Western Australia continues to account for 40 per cent of merchandise exports, monthly FOB values are way down from a peak of $12 billion to $8 billion.
That's another win for the Sunshine State.
No little relief today as China's stock market didn't crash! Aussie stocks looking set to finish the week in the red once again, though, the ASX 200 (XJO) sliding by another 29 points to just 4,981 at the time of writing.