Flag Australia / India Flag

2020
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Exports
: $11.3B, Rnk 5 / 211

2020
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Top Product
: $9.12B, Coal Briquettes

2020
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Exports
: $3.74B, Rnk 23 / 218

2020
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Top Product
: $913M, Refined Petroleum

2020
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Economic Complexity (ECI)
: ECI -0.31, Rnk 74 / 127

2020
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Economic Complexity (ECI)
: ECI 0.56, Rnk 40 / 127

2020
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GDP
: $1.33T, CURRENT US$
Rnk 13 / 195

2010-2020
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GDP GROWTH
: 15.7%, CURRENT US$
Rnk 128 / 195

2020
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 GDP
: $2.66T, CURRENT US$
Rnk 6 / 195

2010-2020
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GDP GROWTH
: 58.8%, CURRENT US$
Rnk 46 / 195

2020
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GDP PC 
: $51,693, CURRENT US$
Rnk 14 / 195

2010-2020
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GDP PC GROWTH
: -0.76%, CURRENT US$
Rnk 142 / 195

2020
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GDP PC
: $1,928, CURRENT US$
Rnk 150 / 195

2010-2020
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GDP PC GROWTH
: 42%, CURRENT US$
Rnk 38 / 195

Australia-India In 2020, Australia exported $11.3B to India. The main products that Australia exported to India are Coal Briquettes ($9.12B), Aluminium Oxide ($300M), and Gold ($279M). During the last 25 years the exports of Australia to India have increased at an annualized rate of 8.77%, from $1.39B in 1995 to $11.3B in 2020.

In 2018, Australia exported services to India worth $4.88B, with Travel ($4.67B), Personal, cultural, and recreational services ($70.2M), and Transportation ($34.4M) being the largest in terms of value.

India-Australia In 2020, India exported $3.74B to Australia . The main products that India exported to Australia were Refined Petroleum ($913M), Packaged Medicaments ($316M), and Diamonds ($145M). During the last 25 years the exports of India to Australia have increased at an annualized rate of 8.76%, from $458M in 1995 to $3.74B in 2020.

In 2020, India did not export any services to Australia.

Comparison In 2020,  Australia ranked 74 in the Economic Complexity Index (ECI -0.31), and 22 in total exports ($250B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.56), and 18 in total exports ($284B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, Australia exported $11.3B to India. The main products exported from Australia to India were Coal Briquettes ($9.12B), Aluminium Oxide ($300M), and Gold ($279M). During the last 25 years the exports of Australia to India have increased at an annualized rate of 8.77%, from $1.39B in 1995 to $11.3B in 2020.

In 2020, India exported $3.74B to Australia. The main products exported from India to Australia were Refined Petroleum ($913M), Packaged Medicaments ($316M), and Diamonds ($145M). During the last 25 years the exports of India to Australia have increased at an annualized rate of 8.76%, from $458M in 1995 to $3.74B in 2020.

Market Competitiveness

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Measure

Australia
Top Destination
: China, $102B

India
Top Destination
: United States, $49.7B

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

In 2019, countries that imported more from Australia than India were China ($102B), Japan ($31.8B), and South Korea ($17.2B).

In 2019, countries that imported more from India than Australia were United States ($49.7B), United Arab Emirates ($18.1B), and Bangladesh ($7.91B).

Comparative Advantage Australia - India

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Flow

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

During 2020, Australia had a large net trade with India in the exports of Mineral Products ($9.75B), Chemical Products ($439M), and Precious Metals ($362M).

During 2020, India had a large net trade with Australia in the exports of Mineral Products ($927M), Chemical Products ($592M), and Textiles ($481M).

Tariff Section

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This section shows import tariffs for products traded between Australia and India (using the HS6 product classification and the last year reported).

In 2019, the products from Australia that paid the highest import tariffs to enter India were Fresh cheese, unfermented whey cheese, curd (25.6%)and Cheese processed, not grated or powdered (18.8%).

In 2019, the products from India that paid the highest import tariffs to enter Australia were Food preparations nes (150%)and Grape wines, sparkling (150%).

*The tariffs present between Australia and India are:
87: Australia General System of Preferences (GSP): Countries and Places in Part 4 of Schedule 1 (DCS rates)
87: Australia General System of Preferences (GSP): Countries and Places in Part 4 of Schedule 1 (DCS rates)
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Bilateral Service Trade

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In 2018, Australia exported services to India worth $4.88B, with Travel ($4.67B), Personal, cultural, and recreational services ($70.2M), and Transportation ($34.4M) 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 India. Similarly, the more red a dot/product is, the more India has comparative advantage over Australia.