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 | Magnesium and articles thereof, including waste and scrap | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 8104 "Magnesium and articles thereof, including waste and scrap" from Australia totalled $ 354 thousand in 2023. Sales of commodity group 8104 from Australia went up by 94% compared to 2022: exports of commodity group 8104 "Magnesium and articles thereof, including waste and scrap" went up by $ 171 thousand (cumulative exports of commodity group 8104 from Australia amounted $182 thousand in 2022)

Exports of commodity group 8104 amounted to 0.327% of total sales of group "" from Australia in 2023 (the value of exports of commodity group from Australia amounted to $108 million in 2023). The share of exports of commodity group 8104 in sales of commodity group from Australia increased by 0.246 p.p. compared to 2022 (it was 0.08% in 2022, and exports of commodity group from Australia were $226 million).

Where does Australia export Magnesium and articles thereof, including waste and scrap?

Top export destinations of "Magnesium and articles thereof, including waste and scrap" from Australia in 2023:

  • India with a share of 92% (328 thousand US$)
  • New Zealand with a share of 2.96% (10.5 thousand US$)
  • USA with a share of 2.6% (9.21 thousand US$)
  • Netherlands - 2 thousand US$
  • Fiji - 1.63 thousand US$
  • Trinidad and Tobago - 1.46 thousand US$
  • Hong Kong - 781 US$

Exports structure of 8104 - Magnesium and articles thereof, including waste and scrap - from Australia in 2023 represented by the following main commodity groups:

  • 92% (328 thousand US$): 810420 - Magnesium waste & scrap
  • 7.22% (25 thousand US$): 810490 - Magnesium & arts. thereof , n.e.s. in 81.04

The value of imports of commodity group 8104 "Magnesium and articles thereof, including waste and scrap" to Australia totalled $ 6.71 million in 2023. Sales of commodity group 8104 to Australia decreased by 62% in value terms compared to 2022. imports of commodity group 8104 "Magnesium and articles thereof, including waste and scrap" decreased by $ 11.3 million (the value of imports of commodity group 8104 to Australia was equal to $18 million in 2022)

Imports of commodity group 8104 "Magnesium and articles thereof, including waste and scrap" accounted for 0.002% of total import flow to Australia (in 2023, total imports to Australia amounted to $ 287 billion). The share of commodity group 8104 in total imports to Australia decreased by 0.003 p.p. compared to 2022 (it was 0.005% in 2022 and cumulative imports to Australia were equal to $ 309 billion).

Imports of commodity group 8104 reached 6.98% of total imports of group "" to Australia in 2023 (imports of commodity group to Australia totalled $96 million in 2023). The share of purchases of commodity group 8104 in imports of commodity group to Australia went down by 8.98 p.p. compared to 2022 (it was 15.9% in 2022, and imports of commodity group to Australia accounted for $112 million).

Where does Australia import Magnesium and articles thereof, including waste and scrap from?

Top trading partners (import of "Magnesium and articles thereof, including waste and scrap") of Australia in 2023:

  • China with a share of 85% (5.73 million US$)
  • India with a share of 8.94% (600 thousand US$)
  • Hong Kong with a share of 2.98% (200 thousand US$)
  • USA with a share of 1.62% (109 thousand US$)
  • Canada - 19.3 thousand US$
  • Germany - 14.2 thousand US$
  • Switzerland - 12.5 thousand US$
  • United Kingdom - 12.4 thousand US$
  • United Arab Emirates - 4.1 thousand US$
  • Sweden - 1.21 thousand US$

Imports structure of 8104 - Magnesium and articles thereof, including waste and scrap - to Australia in 2023 represented by the following main commodity groups:

  • 45% (3.03 million US$): 810411 - Unwrought magnesium, cont. at least 99.8% by wt. of magnesium
  • 35% (2.37 million US$): 810490 - Magnesium & arts. thereof , n.e.s. in 81.04
  • 15.2% (1.02 million US$): 810419 - Unwrought magnesium (excl. of 8104.11)
  • 4.09% (274 thousand US$): 810430 - Magnesium raspings, turnings & granules, graded according to size; magnesium powders

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Australia | Imports and Exports | World | Magnesium and articles thereof, including waste and scrap | Value (US$) and Value Growth, YoY (%) | 2012 - 2023