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Australia Trade Summary

2020

Australia exports, imports, tariff by year.
Australia monthly trade data

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 2020

Overall Exports and Imports for Australia 2020

Exports and imports of Australia in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 247,159 million.
  • The total value of imports (CIF) was 210,213 million.
  • At the HS6 digit level, 4,172 products were exported to 213 countries and 4,328 products were imported from 213 countries.

Australia top 5 Export and Import partners 2020

Top five countries to which Australia exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Australia exports to China worth US$ 92,619 million, with a partner share of 37.47 percent.
  2. Australia exports to Unspecified worth US$ 25,638 million, with a partner share of 10.37 percent.
  3. Australia exports to Japan worth US$ 22,654 million, with a partner share of 9.17 percent.
  4. Australia exports to Korea, Rep. worth US$ 14,067 million, with a partner share of 5.69 percent.
  5. Australia exports to United States worth US$ 12,838 million, with a partner share of 5.19 percent.

Top five countries from which Australia imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Australia imports from China worth US$ 60,208 million, with a partner share of 28.64 percent.
  2. Australia imports from United States worth US$ 24,813 million, with a partner share of 11.80 percent.
  3. Australia imports from Japan worth US$ 12,547 million, with a partner share of 5.97 percent.
  4. Australia imports from Thailand worth US$ 9,988 million, with a partner share of 4.75 percent.
  5. Australia imports from Germany worth US$ 9,712 million, with a partner share of 4.62 percent.

Australia Top 5 Productsexports imports at HS 6 digit level 2020

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

  1. Australia exported Non-agglomerated iron ores and concentrates , worth 79,536,398.01 (US$ Thousands).
  2. Australia exported Bituminous coal, not agglomerated , worth 30,162,895.24 (US$ Thousands).
  3. Australia exported Natural gas, liquefied , worth 17,384,240.41 (US$ Thousands).
  4. Australia exported Gold in oth semi-manufactured forms,non-monetar , worth 16,065,325.76 (US$ Thousands).
  5. Australia exported Copper ores and concentrates , worth 3,667,507.98 (US$ Thousands).

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

  1. Australia imported Petroleum oils, etc, (excl. crude); preparation , worth 11,579,329.41 (US$ Thousands).
  2. Australia imported Transmission apparatus, for radioteleph incorpo , worth 7,407,762.14 (US$ Thousands).
  3. Australia imported Automobiles with reciprocating piston engine di , worth 6,312,055.79 (US$ Thousands).
  4. Australia imported Gold in unwrought forms non-monetary , worth 5,446,377.07 (US$ Thousands).
  5. Australia imported Other medicaments of mixed or unmixed products, , worth 4,774,133.84 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Australia in 2020 are below

  • The maximum rate of tariff in percentage on any product was 24.48 percent.
  • The simple average tariff across all products was 1.97 percent.
  • The trade weighted average tariff was 0.71 .
  • The total duty free imports in thousands of US dollars were 158,086,058.08 and duty free tariff line items share was 59.84 percent.

Development Indicators 2020

Key Development Indicators of Australia in 2020 are below

  • Australia GDP in current US dollar was 1,326,945 million.
  • GNI per capita, Atlas method (current US$) was 53,620.00 .
  • Australia Trade balance: as % of GDP was 3.78.
  • Trade balance in current US$ was 50,200.00 million.
  • Trade as percentage of GDP was 44.23 .
  • Trade in services as percentage of GDP was 6.68 .

Trade Indicators 2020

Trade Indicators for Australia in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.22.
  • Index of export market penetration was 13.86.
  • World Growth in percentage was -3.75 and Australia Country Growth was -5.23 .