Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Australia | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of merchandise exports from Australia totalled $ 369 billion in 2023. Overall commodity exports from Australia decreased by 9.99% compared to 2022. Merchandise exports decreased by $ 41 billion (the value of merchandise exports from Australia amounted to $410 billion in 2022)

Australia's exports 2023 by country

Top export destinations of commodities from Australia in 2023:

  • China with a share of 32% (120 billion US$)
  • Areas, nes with a share of 17.2% (63 billion US$)
  • Japan with a share of 9.8% (36 billion US$)
  • Korea with a share of 5.66% (20 billion US$)
  • India with a share of 4.38% (16.1 billion US$)
  • USA with a share of 3.41% (12.5 billion US$)
  • Other Asia, nes with a share of 2.69% (9.94 billion US$)
  • New Zealand with a share of 2.23% (8.26 billion US$)
  • Vietnam with a share of 2.11% (7.82 billion US$)
  • Indonesia with a share of 2.02% (7.47 billion US$)

Exports structure from Australia in 2023 represented by the following main commodity groups:

  • 34% (129 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 28% (103 billion US$): 26 - Ores, slag and ash
  • 5.43% (20 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 3.48% (12.8 billion US$): 10 - Cereals
  • 3.47% (12.8 billion US$): 25 - Salt; sulfur; earths and stone; plastering materials, lime and cement
  • 3.19% (11.7 billion US$): 02 - Meat and edible meat offal
  • 1.96% (7.25 billion US$): 99 - Commodities not specified according to kind
  • 1.69% (6.25 billion US$): 28 - Inorganic chemicals; organic or inorganic compounds of precious metals, of rare earth metals, of radioactive elements or of isotopes
  • 1.42% (5.27 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 1.2% (4.46 billion US$): 12 - Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder

What did Australia export in 2023?

Australia's Top Exports in 2023:

  • 24% ($90 billion): 2601 - Iron ores and concentrates, including roasted iron pyrites
  • 18.3% ($67 billion): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
  • 13.7% ($50 billion): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 5.09% ($18.8 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 3.43% ($12.6 billion): 2530 - Mineral substances not elsewhere specified or included.
  • 2.51% ($9.27 billion): 1001 - Wheat and meslin.
  • 2.07% ($7.67 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 1.49% ($5.5 billion): 2818 - Artificial corundum, whether or not chemically defined; aluminium oxide; aluminium hydroxide
  • 1.3% ($4.8 billion): 0202 - Meat of bovine animals, frozen

The value of merchandise imports to Australia totalled $ 287 billion in 2023. Overall commodity imports to Australia decreased by 6.93% compared to 2022. Merchandise imports decreased by $ 21 billion (the value of merchandise imports to Australia was equal to $309 billion in 2022)

Australia's imports 2023 by country

Top trading partners (import sources) of Australia in 2023:

  • China with a share of 24% (71 billion US$)
  • USA with a share of 11.2% (32 billion US$)
  • Japan with a share of 6.29% (18.1 billion US$)
  • Korea with a share of 6.28% (18 billion US$)
  • Thailand with a share of 4.54% (13 billion US$)
  • Malaysia with a share of 4.44% (12.7 billion US$)
  • Germany with a share of 4.34% (12.5 billion US$)
  • Singapore with a share of 3.83% (11 billion US$)
  • Italy with a share of 2.31% (6.66 billion US$)
  • Vietnam with a share of 2.27% (6.55 billion US$)

Imports structure to Australia in 2023 represented by the following main commodity groups:

  • 15.5% (44 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 14.7% (42 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 14% (40 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 10.3% (29 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 3.94% (11.3 billion US$): 30 - Pharmaceutical products
  • 3.52% (10.1 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 3.01% (8.67 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 2.48% (7.15 billion US$): 39 - Plastics and articles thereof
  • 2.22% (6.4 billion US$): 73 - Articles of iron or steel
  • 1.76% (5.08 billion US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings

What did Australia import in 2023?

Australia's Top Imports in 2023:

  • 12.3% ($35 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 8.68% ($24 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 4.07% ($11.7 billion): 8704 - Motor vehicles for the transport of goods
  • 3.1% ($8.93 billion): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 2.46% ($7.1 billion): 8471 - Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
  • 2.14% ($6.18 billion): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 1.98% ($5.7 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 1.9% ($5.49 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 1.58% ($4.55 billion): 3002 - Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc
  • 1.11% ($3.19 billion): 8429 - Self-propelled bulldozers, angledozers, graders, levellers, scrapers, mechanical shovels, excavators, shovel loaders, tamping machines and road rollers

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Australia | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023