Australia

Compare Australia →

AU · AUS · BACI 36 · latest data 2024

Exports

$363.3B USD, nominal · 2024

= $363,273 M22.5% over 5 yrs (up)

Imports

$288.9B USD, nominal · 2024

= $288,939 M30.9% over 5 yrs (up)

Trade balancesurplus

$74.3B USD, nominal · 2024

= $74,334 M

Total trade

$652.2B USD, nominal · 2024

= $652,211 M26.1% over 5 yrs (up)

World position: #19 of 225 exporters · top 10% · #24 of 225 importers · top 25% · 2024
World export share since 1995: +0.5 pp

Trade timeline

Australia's exports grew from $56.2B in 1995 to $363.3B in 2024; the 2024 balance was $74.3B.

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Exports, imports, trade balance and total trade of Australia per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$56,179 M	$57,918 M	−$1,739 M	$114,097 M
1996	$63,917 M	$61,505 M	$2,413 M	$125,422 M
1997	$66,459 M	$61,531 M	$4,927 M	$127,990 M
1998	$61,262 M	$60,797 M	$465 M	$122,059 M
1999	$58,355 M	$65,463 M	−$7,109 M	$123,818 M
2000	$68,543 M	$71,845 M	−$3,302 M	$140,388 M
2001	$69,815 M	$65,400 M	$4,416 M	$135,215 M
2002	$70,806 M	$73,040 M	−$2,234 M	$143,846 M
2003	$75,802 M	$90,114 M	−$14,311 M	$165,916 M
2004	$96,123 M	$109,409 M	−$13,287 M	$205,532 M
2005	$117,153 M	$123,823 M	−$6,669 M	$240,976 M
2006	$134,125 M	$138,813 M	−$4,688 M	$272,938 M
2007	$157,304 M	$164,317 M	−$7,013 M	$321,620 M
2008	$202,562 M	$196,020 M	$6,542 M	$398,582 M
2009	$166,714 M	$159,936 M	$6,778 M	$326,649 M
2010	$217,164 M	$196,534 M	$20,631 M	$413,698 M
2011	$263,997 M	$231,130 M	$32,867 M	$495,127 M
2012	$268,592 M	$241,856 M	$26,736 M	$510,448 M
2013	$267,531 M	$226,815 M	$40,716 M	$494,347 M
2014	$267,425 M	$218,806 M	$48,620 M	$486,231 M
2015	$212,535 M	$194,839 M	$17,696 M	$407,375 M
2016	$205,741 M	$186,024 M	$19,716 M	$391,765 M
2017	$263,400 M	$219,769 M	$43,631 M	$483,169 M
2018	$275,269 M	$230,536 M	$44,733 M	$505,805 M
2019	$296,514 M	$220,754 M	$75,760 M	$517,269 M
2020	$264,443 M	$210,913 M	$53,530 M	$475,355 M
2021	$365,481 M	$257,794 M	$107,686 M	$623,275 M
2022	$433,678 M	$300,709 M	$132,970 M	$734,387 M
2023	$373,922 M	$282,009 M	$91,913 M	$655,931 M
2024	$363,272 M	$288,939 M	$74,334 M	$652,211 M

30 rows

World share & rank

World export share moved from 1.1% in 1995 to 1.6% in 2024; export rank #21 → #19.

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World export and import share in percent, and world ranks, of Australia per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	1.11%	1.14%	#21	#21
1996	1.19%	1.15%	#20	#21
1997	1.19%	1.10%	#20	#22
1998	1.10%	1.09%	#22	#20
1999	1.01%	1.14%	#23	#18
2000	1.05%	1.10%	#23	#18
2001	1.11%	1.04%	#23	#19
2002	1.07%	1.10%	#22	#19
2003	0.99%	1.18%	#25	#18
2004	1.04%	1.18%	#26	#18
2005	1.12%	1.18%	#24	#17
2006	1.11%	1.15%	#23	#19
2007	1.12%	1.17%	#23	#20
2008	1.25%	1.21%	#22	#20
2009	1.34%	1.28%	#22	#19
2010	1.44%	1.31%	#21	#19
2011	1.47%	1.29%	#21	#20
2012	1.49%	1.34%	#21	#20
2013	1.47%	1.24%	#21	#22
2014	1.46%	1.19%	#20	#23
2015	1.32%	1.21%	#20	#22
2016	1.31%	1.19%	#21	#24
2017	1.50%	1.25%	#20	#23
2018	1.44%	1.21%	#22	#23
2019	1.60%	1.19%	#18	#23
2020	1.54%	1.23%	#20	#22
2021	1.71%	1.20%	#17	#23
2022	1.80%	1.25%	#17	#22
2023	1.65%	1.25%	#19	#21
2024	1.59%	1.27%	#19	#24

30 rows

Trading partners

China was Australia's top trading partner in 2024, at 31.7% of total trade; the top five partners covered 60.5%.

Year

Top partner share: 31.7%
Top-5 share: 60.5%
Partners: 213
Partner HHI (0–1): 0.130

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China $131.7B

Japan $49.3B

South Korea $29.4B

India $18.1B

United States $15.4B

Other Asia, nes $14.5B

Indonesia $10.1B

United Kingdom $8.0B

Singapore $7.8B

Hong Kong $7.6B

Malaysia $7.3B

Vietnam $6.9B

Thailand $5.4B

New Zealand $5.2B

Germany $3.8B

View partner table

Top partners of Australia in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	China	$131,692 M	$75,191 M	$206,883 M	$56,502 M
#2	Japan	$49,304 M	$17,124 M	$66,427 M	$32,180 M
#3	United States	$15,436 M	$34,197 M	$49,633 M	−$18,762 M
#4	South Korea	$29,350 M	$16,643 M	$45,993 M	$12,708 M
#5	India	$18,072 M	$7,809 M	$25,881 M	$10,263 M
#6	Other Asia, nes	$14,505 M	$6,272 M	$20,777 M	$8,233 M
#7	Thailand	$5,404 M	$14,002 M	$19,406 M	−$8,598 M
#8	Malaysia	$7,289 M	$11,467 M	$18,756 M	−$4,178 M
#9	Singapore	$7,750 M	$10,007 M	$17,757 M	−$2,257 M
#10	Germany	$3,762 M	$12,639 M	$16,400 M	−$8,877 M
#11	Indonesia	$10,092 M	$5,399 M	$15,490 M	$4,693 M
#12	Vietnam	$6,874 M	$7,872 M	$14,746 M	−$998 M
#13	United Kingdom	$8,021 M	$5,382 M	$13,403 M	$2,639 M
#14	New Zealand	$5,178 M	$5,167 M	$10,345 M	$11 M
#15	Hong Kong	$7,598 M	$617 M	$8,215 M	$6,981 M

15 rows

Products & sectors

Product composition of Australia's trade in 2024.

Year

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Concentration & risk

Australia's export partners concentrated over 1995–2024 — HHI 0.094 → 0.166, a moderately concentrated export base across 209 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Australia per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.094	0.091	198	165
1996	0.082	0.090	199	171
1997	0.079	0.085	201	177
1998	0.075	0.086	205	181
1999	0.079	0.080	208	186
2000	0.078	0.077	218	203
2001	0.075	0.073	216	200
2002	0.074	0.073	215	203
2003	0.075	0.068	215	204
2004	0.079	0.068	216	203
2005	0.084	0.067	210	206
2006	0.086	0.067	213	209
2007	0.086	0.068	217	209
2008	0.099	0.068	217	209
2009	0.115	0.073	215	212
2010	0.126	0.075	212	209
2011	0.134	0.072	213	213
2012	0.147	0.072	212	211
2013	0.161	0.075	213	209
2014	0.163	0.076	213	214
2015	0.155	0.088	215	214
2016	0.150	0.088	214	214
2017	0.156	0.089	214	216
2018	0.166	0.093	214	213
2019	0.191	0.098	213	214
2020	0.207	0.110	213	212
2021	0.216	0.106	210	213
2022	0.156	0.106	212	211
2023	0.172	0.099	211	214
2024	0.166	0.100	209	209

30 rows

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