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Australia Trade Summary

1998

Australia exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR AUSTRALIA 1998

Overall Exports and Imports for Australia 1998

Exports and imports of Australia in 1998 are below, along with number of countries and products

  • The total value of exports (FoB) was 55,808 million.
  • The total value of imports (CIF) was 60,774 million.
  • At the HS6 digit level, 4,548 products were exported to 203 countries and 4,783 products were imported from 178 countries.

Australia top 5 Export and Import partners 1998

Top five countries to which Australia exported in 1998 are below, along with the percent of total exports that went to that country:

  1. Australia exports to Unspecified worth US$ 9,896 million, with a partner share of 17.73 percent.
  2. Australia exports to Japan worth US$ 9,111 million, with a partner share of 16.33 percent.
  3. Australia exports to United States worth US$ 4,397 million, with a partner share of 7.88 percent.
  4. Australia exports to New Zealand worth US$ 3,352 million, with a partner share of 6.01 percent.
  5. Australia exports to Korea, Rep. worth US$ 3,296 million, with a partner share of 5.91 percent.

Top five countries from which Australia imported goods in 1998 are below, along with percent of total imports that came from the country :

  1. Australia imports from United States worth US$ 13,291 million, with a partner share of 21.87 percent.
  2. Australia imports from Japan worth US$ 8,239 million, with a partner share of 13.56 percent.
  3. Australia imports from China worth US$ 3,626 million, with a partner share of 5.97 percent.
  4. Australia imports from United Kingdom worth US$ 3,603 million, with a partner share of 5.93 percent.
  5. Australia imports from Germany worth US$ 3,564 million, with a partner share of 5.86 percent.

Australia Top 5 Productsexports imports at HS 6 digit level 1998

The top five exported HS 6 digit level products to world by Australia along with trade value are:

  1. Australia exported Bituminous coal, not agglomerated , worth US$ 6,150,386.34 million.
  2. Australia exported Gold in oth semi-manufactured forms,non-monetar , worth US$ 4,791,755.95 million.
  3. Australia exported Non-agglomerated iron ores and concentrates , worth US$ 2,477,750.52 million.
  4. Australia exported Spelt, common wheat and meslin , worth US$ 2,164,802.92 million.
  5. Australia exported Aluminium oxide, other than artificial corundum , worth US$ 1,878,046.83 million.

The top five imported HS 6 digit level products from world by Australia along with trade value are

  1. Australia imported Automobiles with reciprocating piston engine di , worth US$ 2,231,500.35 million.
  2. Australia imported Petroleum oils and oils obtained from bituminou , worth US$ 2,082,481.93 million.
  3. Australia imported Gold in oth semi-manufactured forms,non-monetar , worth US$ 1,675,265.87 million.
  4. Australia imported Parts and accessories of automatic data process , worth US$ 1,278,329.49 million.
  5. Australia imported Other medicaments of mixed or unmixed products, , worth US$ 1,092,750.56 million.

Exports and Imports of Product Groups 1998

Exports and imports of products by stages of processing in 1998 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1998

Tariffs imposed by Australia in 1998 are below

  • The maximum rate of tariff in percentage on any product was 824.76 percent.
  • The simple average tariff across all products was 6.99 percent.
  • The trade weighted average tariff was 6.49 .
  • The total duty free imports in thousands of US dollars were 21,848,616.28 and duty free tariff line items share was 30.85 percent.

Development Indicators 1998

Key Development Indicators of Australia in 1998 are below

  • Australia GDP in current US dollar was 399,661 million.
  • GNI per capita, Atlas method (current US$) was 21,920.00 .
  • Australia Trade balance: as % of GDP was -0.88.
  • Trade balance in current US$ was -3,507.00 million.
  • Trade as percentage of GDP was 39.99 .
  • Trade in services as percentage of GDP was 8.96 .

Trade Indicators 1998

Trade Indicators for Australia in 1998 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 9.68.
  • World Growth in percentage was -0.47 and Australia Country Growth was -4.76 .