Australia / India

Australia-India Trade: In 2022, Australia exported $31.5B to India. The main products that Australia exported to India were Coal Briquettes ($27B), Gold ($1.26B), and Petroleum Gas ($456M). Over the past 5 years the exports of Australia to India have increased at an annualized rate of 10.3%, from $19.3B in 2017 to $31.5B in 2022.

In 2009, Australia exported services to India worth $2.67B, with Travel ($2.56B), Transportation ($34.8M), and Other business services ($34.8M) being the largest in terms of value.

India-Australia Trade: In 2022, India exported $7.66B to Australia. The main products that India exported to Australia were Refined Petroleum ($3.11B), Packaged Medicaments ($397M), and Diamonds ($211M). Over the past 5 years the exports of India to Australia have increased at an annualized rate of 13.8%,  from $4.01B in 2017 to $7.66B in 2022.

In 2022, India did not export any services to Australia.

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).