Flag Australia / United Kingdom Flag

2019
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Exports
: $10.6B, Rnk 5 / 208

2019
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Top Product
: $8.37B, Gold

2019
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Exports
: $5.4B, Rnk 20 / 221

2019
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Top Product
: $639M, Cars

2019
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Economic Complexity (ECI)
: ECI -0.19, Rnk 79 / 146

2019
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Economic Complexity (ECI)
: ECI 1.46, Rnk 13 / 146

2019
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GDP
: $1.4T, CURRENT US$
Rnk 13 / 187

2009-2019
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GDP GROWTH
: 50.5%, CURRENT US$
Rnk 93 / 187

2019
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 GDP
: $2.83T, CURRENT US$
Rnk 6 / 187

2009-2019
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GDP GROWTH
: 17.3%, CURRENT US$
Rnk 152 / 187

2019
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GDP PC 
: $55,060, CURRENT US$
Rnk 12 / 187

2009-2019
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GDP PC GROWTH
: 28.7%, CURRENT US$
Rnk 95 / 187

2019
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GDP PC
: $42,330, CURRENT US$
Rnk 23 / 187

2009-2019
Flag
GDP PC GROWTH
: 9.34%, CURRENT US$
Rnk 143 / 187

Australia-United Kingdom In 2019, Australia exported $10.6B to United Kingdom. The main products that Australia exported to United Kingdom are Gold ($8.37B), Raw Lead ($292M), and Wine ($280M). During the last 24 years the exports of Australia to United Kingdom have increased at an annualized rate of 7.93%, from $1.7B in 1995 to $10.6B in 2019.

In 2018, Australia exported services to United Kingdom worth $3.75B, with Travel ($2B), Other business services ($737M), and Financial services ($563M) being the largest in terms of value.

United Kingdom-Australia In 2019, United Kingdom exported $5.4B to Australia . The main products that United Kingdom exported to Australia were Cars ($639M), Packaged Medicaments ($414M), and Hard Liquor ($226M). During the last 24 years the exports of United Kingdom to Australia have increased at an annualized rate of 2.04%, from $3.33B in 1995 to $5.4B in 2019.

In 2018, United Kingdom exported services to Australia worth $431M, with Financial services ($318M) and Personal, cultural, and recreational services ($113M) being the largest in terms of value.

Comparison In 2019,  Australia ranked 79 in the Economic Complexity Index (ECI -0.19), and 19 in total exports ($284B). That same year, United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.46), and 10 in total exports ($446B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Australia exported $10.6B to United Kingdom. The main products exported from Australia to United Kingdom were Gold ($8.37B), Raw Lead ($292M), and Wine ($280M). During the last 24 years the exports of Australia to United Kingdom have increased at an annualized rate of 7.93%, from $1.7B in 1995 to $10.6B in 2019.

In 2019, United Kingdom exported $5.4B to Australia. The main products exported from United Kingdom to Australia were Cars ($639M), Packaged Medicaments ($414M), and Hard Liquor ($226M). During the last 24 years the exports of United Kingdom to Australia have increased at an annualized rate of 2.04%, from $3.33B in 1995 to $5.4B in 2019.

Australia Exports

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United Kingdom Exports

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Market Competitiveness

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Measure

Australia
Top Destination
: China, $111B

United Kingdom
Top Destination
: United States, $64.7B

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 2019, countries that imported more from Australia than United Kingdom were China ($111B), Japan ($41.5B), and South Korea ($18.9B).

In 2019, countries that imported more from United Kingdom than Australia were United States ($64.7B), Germany ($44.3B), and France ($29.1B).

Comparative Advantage Australia - United Kingdom

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Depth

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

During 2019, Australia had a large net trade with United Kingdom in the exports of Precious Metals ($8.59B), Metals ($366M), and Foodstuffs ($303M).

During 2019, United Kingdom had a large net trade with Australia in the exports of Machines ($1.24B), Chemical Products ($992M), and Transportation ($986M).

Bilateral Service Trade

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In 2018, Australia exported services to United Kingdom worth $3.75B, with Travel ($2B), Other business services ($737M), and Financial services ($563M) being the largest in terms of value.

In 2018, United Kingdom exported services to Australia worth $431M, with Financial services ($318M) and Personal, cultural, and recreational services ($113M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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