Australia (AUS) and United Kingdom (GBR) Trade | The Observatory of Economic Complexity

About

Australia-United Kingdom In 2022, Australia exported $2.32B to United Kingdom. The main products that Australia exported to United Kingdom are Raw Lead ($367M), Wine ($324M), and Coal Briquettes ($250M). During the last 27 years the exports of Australia to United Kingdom have increased at an annualized rate of 1.14%, from $1.71B in 1995 to $2.32B in 2022.

In 2009, Australia exported services to United Kingdom worth $3.14B, with Travel ($1.95B), Other business services ($481M), and Transportation ($441M) being the largest in terms of value.

United Kingdom-Australia In 2022, United Kingdom exported $5.41B to Australia. The main products that United Kingdom exported to Australia were Cars ($477M), Packaged Medicaments ($365M), and Hard Liquor ($268M). During the last 27 years the exports of United Kingdom to Australia have increased at an annualized rate of 1.81%, from $3.33B in 1995 to $5.41B in 2022.

In 2019, United Kingdom exported services to Australia worth $6.95B, with Travel ($2.11B), Other business services ($1.73B), and Transportation ($1.72B) being the largest in terms of value.

Comparison In 2022, Australia ranked 77 in the Economic Complexity Index (ECI -0.35), and 16 in total exports ($424B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Australia exported $2.32B to United Kingdom. The main products exported from Australia to United Kingdom were Raw Lead ($367M), Wine ($324M), and Coal Briquettes ($250M). During the last 27 years the exports of Australia to United Kingdom have increased at an annualized rate of 1.14%, from $1.71B in 1995 to $2.32B in 2022.

In 2022, United Kingdom exported $5.41B to Australia. The main products exported from United Kingdom to Australia were Cars ($477M), Packaged Medicaments ($365M), and Hard Liquor ($268M). During the last 27 years the exports of United Kingdom to Australia have increased at an annualized rate of 1.81%, from $3.33B in 1995 to $5.41B in 2022.

Exports from Australia () to United Kingdom () (2022)

Exports from United Kingdom () to Australia () (2022)

Latest Data

Trade between Australia () and United Kingdom ()

Australia Exports

Date

United Kingdom Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Australia
Top DestinationChina$123B

United Kingdom
Top DestinationUnited States$61.8B

This map shows whether countries import more from Australia or United Kingdom. Each country is colored based on the difference in imports they receive from Australia and United Kingdom or the difference in the growth in imports.

In 2021, countries that imported more from Australia than United Kingdom were China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2021, countries that imported more from United Kingdom than Australia were United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom () and Australia () (2022)

Comparative Advantage Australia - United Kingdom

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Australia and United Kingdom by product, considering products traded by both, Australia and United Kingdom.

During 2022, Australia had a large net trade with United Kingdom in the exports of Metals ($507M), Foodstuffs ($352M), and Mineral Products ($348M).

During 2022, United Kingdom had a large net trade with Australia in the exports of Machines ($1.35B), Transportation ($874M), and Chemical Products ($863M).

Service Trade

Bilateral Service Trade

Gbr Year

Aus Year

In 2009, Australia exported services to United Kingdom worth $3.14B, with Travel ($1.95B), Other business services ($481M), and Transportation ($441M) being the largest in terms of value.

In 2019, United Kingdom exported services to Australia worth $6.95B, with Travel ($2.11B), Other business services ($1.73B), and Transportation ($1.72B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Australia () to United Kingdom () (2009)

Services Exports from United Kingdom () to Australia () (2019)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Australia has comparative advantage over United Kingdom. Similarly, the more yellow a dot/product is, the more United Kingdom has comparative advantage over Australia.

About

Historical Data

Bilateral Trade by Products

Exports from Australia () to United Kingdom () (2022)

Exports from United Kingdom () to Australia () (2022)

Latest Data

Trade between Australia () and United Kingdom ()

Australia Exports

United Kingdom Exports

Market Competitiveness

Difference in imports from United Kingdom () and Australia () (2022)

Comparative Advantage Australia - United Kingdom

Service Trade

Bilateral Service Trade

Services Exports from Australia () to United Kingdom () (2009)

Services Exports from United Kingdom () to Australia () (2019)

Economic Complexity

Competitive Landscape

Product Space of Australia () and United Kingdom () (2022)

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