2023
Flag  
GDP
$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH
9.57%CURRENT US$
Rnk 156 / 195
2023
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GDP PC 
$64,821CURRENT US$
Rnk 16 / 195
2013-2023
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GDP PC GROWTH
-4.94%CURRENT US$
Rnk 159 / 195

About

Australia-Guam Trade: In 2023, Australia exported $9.64M to Guam. The main products that Australia exported to Guam were Other Prepared Meat ($3.04M), Milk ($858k), and Electric Generating Sets ($592k). Over the past 5 years the exports of Australia to Guam have increased at an annualized rate of 3.16%, from $8.25M in 2018 to $9.64M in 2023.

In 2023, Australia did not export any services to Guam.

Guam-Australia Trade: In 2023, Guam exported $748k to Australia. The main products that Guam exported to Australia were Gas Turbines ($528k), Aircraft parts (gliders, balloons, and powered aircraft) ($166k), and Knit T-shirts ($24.4k). Over the past 5 years the exports of Guam to Australia have increased at an annualized rate of 53.9%,  from $86.7k in 2018 to $748k in 2023.

In 2023, Guam did not export any services to Australia.

Comparison In 2023,  Australia ranked 75 in the Economic Complexity Index (ECI -0.28),  and 20 in total exports ($374B). That same year, Guam ranked 216 in total exports ($13M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Australia exported $9.64M to Guam. The main products exported from Australia to Guam were Other Prepared Meat ($3.04M), Milk ($858k), and Electric Generating Sets ($592k). During the last 5 years the exports of Australia to Guam have increased at an annualized rate of 3.16%, from $8.25M in 2018 to $9.64M in 2023.

In 2018, Guam exported $748k to Australia. The main products exported from Guam to Australia were Gas Turbines ($528k), Aircraft parts (gliders, balloons, and powered aircraft) ($166k), and Knit T-shirts ($24.4k). During the last 5 years the exports of Guam to Australia have increased at an annualized rate of 53.9%, from $86.7k in 2023 to $748k in 2018.

Exports from Australia (Flag) to Guam (Flag) (2023)

Exports from Guam (Flag) to Australia (Flag) (2023)

Latest Data

Trade between Australia (Flag) and Guam (Flag)

Australia Exports

Market Competitiveness

Color
Australia
Top Destination
China$137B
Guam
Top Destination
Chinese Taipei$5.53M

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

In 2023, countries that imported more from Australia than Guam included China ($137B), Japan ($59B), and South Korea ($20.9B).

In 2023, no countries were registered that imported more from Guam than from Australia.

Difference in imports from Guam (Flag) and Australia (Flag) (2023)

Comparative Advantage Australia - Guam

Flow
Scale

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

During 2023, Australia had a large net trade with Guam in the exports of Foodstuffs ($4.59M), Machines ($1.67M), and Animal Products ($917k).

During 2018, Guam had a large net trade with Australia in the exports of Machines ($529k), Transportation ($166k), and Textiles ($24.4k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Australia and Guam. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over Guam. Similarly, a dot/product with the flag of Guam indicates it has a comparative advantage over Australia.

Product Space of Australia (Flag) and Guam (Flag) (2023)

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