Australia (AUS)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Australia - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | China (CHN) | 30.1% $102.63B | 25.5% $75.70B | 28.0% $178.33B |
| 2 | USA (USA) | 4.3% $14.73B | 11.7% $34.72B | 7.8% $49.45B |
| 3 | Japan (JPN) | 9.0% $30.62B | 5.9% $17.38B | 7.5% $48.00B |
| 4 | Rep. of Korea (KOR) | 5.8% $19.87B | 5.6% $16.51B | 5.7% $36.38B |
| 5 | India (IND) | 4.8% $16.48B | 2.6% $7.83B | 3.8% $24.31B |
| 6 | Singapore (SGP) | 2.2% $7.34B | 3.4% $10.17B | 2.7% $17.50B |
| 7 | Thailand (THA) | 1.1% $3.77B | 4.6% $13.50B | 2.7% $17.27B |
| 8 | Malaysia (MYS) | 1.5% $5.19B | 4.0% $11.86B | 2.7% $17.04B |
| 9 | Viet Nam (VNM) | 2.0% $6.88B | 2.7% $7.87B | 2.3% $14.75B |
| 10 | Germany (DEU) | 0.5% $1.83B | 4.2% $12.56B | 2.3% $14.38B |
- In 2024, Australia's total international trade amounted to $637.3B, with exports of $340.9B and imports of $296.5B.
- The country achieved a trade surplus of $44.4B and ranked 19th globally for total trade.
- The top export category was Mineral fuels (HS2 27), valued at $113.1B, which accounted for 33.2% of all exports.
- The largest import category was Vehicles (HS2 87), with a total import value of $44.2B.
- China was Australia's foremost trading partner, receiving 30.1% of its exports ($102.6B) and supplying 25.5% of its imports ($75.7B).
- Key export partners following China include Japan ($30.6B) and Rep. of Korea ($19.9B).
Australia's Trade Landscape in 2024
In 2024, Australia's trade activities positioned it as a significant player in the global market. The nation's total trade value reached $637.3B, with exports ranking 19th and imports 22nd worldwide. This activity resulted in a positive trade balance of $44.4B. The export portfolio is dominated by natural resources, particularly Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes and Ores, slag and ash.
Key Partners and Products
Australia's primary export destination is China, which received goods worth $102.6B. Other crucial export markets include Japan and the United States. On the import side, China is also the largest partner, providing $75.7B worth of goods, followed by the United States at $34.7B. The most significant imported product category is Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof.
Exports
Australia - exports over time (Exports), 2015-2024 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Australia - export composition by product categories (Exports), 2024 (USD)
Australia - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Australia - imports over time (Imports), 2015-2024 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.