Flag France / Australia Flag

Exports Flag β†’ Flag  (2018): $3.27B, Rnk 36 / 214

Top Product Flag β†’ Flag (2018): $259M, Packaged Medicaments

Exports Flag β†’ Flag (2018): $1.19B, Rnk 22 / 206

Top Product Flag β†’ Flag (2018): $697M, Coal Briquettes

Economic Complexity of Flag (2018): ECI 1.42, Rnk 15 / 137

Economic Complexity of Flag (2018): ECI -0.093, Rnk 73 / 137

GDP Flag (2018): $2.78T, CURRENT US$
Rnk 6 / 196

GDP GROWTH Flag (2008-2018): -4.83%, CURRENT US$
Rnk 179 / 196

GDP Flag (2018): $1.43T, CURRENT US$
Rnk 13 / 196

GDP GROWTH Flag (2008-2018): 36%, CURRENT US$
Rnk 105 / 196

GDP PC Flag (2018): $41,464, CURRENT US$
Rnk 26 / 196

GDP PC GROWTH Flag (2008-2018): -8.54%, CURRENT US$
Rnk 165 / 196

GDP PC Flag (2018): $57,374, CURRENT US$
Rnk 12 / 196

GDP PC GROWTH Flag (2008-2018): 15.7%, CURRENT US$
Rnk 111 / 196

France-Australia: In 2018, France exported $3.27B to Australia. The main products that France exported to Australia are Packaged Medicaments ($259M), Wine ($196M), and Excavation Machinery ($162M). During the last 23 years the exports of France to Australia have increased at an annualized rate of 3.87%, from $1.37B in 1995 to $3.27B in 2018.

In 2016, France exported services to Australia worth $1.56B, with Travel ($760M), Transportation ($294M), and Other business services ($265M) being the largest in terms of value.

Australia-France: In 2018, Australia exported $1.19B to France . The main products that Australia exported to France were Coal Briquettes ($697M), Rapeseed ($60.4M), and Aircraft Parts ($50.2M). During the last 23 years the exports of France to Australia have increased at an annualized rate of 3.87%, from $1.37B in 1995 to $3.27B in 2018.

In 2018, Australia exported services to France worth $741M, with Travel ($582M), Other business services ($81.4M), and Transportation ($26.1M) being the largest in terms of value.

Comparison: In 2018,  France ranked 15 in the Economic Complexity Index (ECI 1.42), and 6 in total exports ($563B). That same year, Australia ranked 73 in the Economic Complexity Index (ECI -0.093), and 24 in total exports ($248B).

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2018, France exported $3.27B to Australia. The main products exported from France to Australia were Packaged Medicaments ($259M), Wine ($196M), and Excavation Machinery ($162M). During the last 23 years the exports of France to Australia have increased at an annualized rate of 3.87%, from $1.37B in 1995 to $3.27B in 2018.

In 2018, Australia exported $1.19B to France. The main products exported from Australia to France were Coal Briquettes ($697M), Rapeseed ($60.4M), and Aircraft Parts ($50.2M). During the last 23 years the exports of Australia to France have increased at an annualized rate of 1.6%, from $825M in 1995 to $1.19B in 2018.

Market Competitiveness

#permalink to section
Measure

France
Top Destination
: Germany, $78.5B

Australia
Top Destination
: China, $87.9B

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

In 2018, countries that imported more from France than Australia were Germany ($78.5B), Italy ($42.9B), and Belgium-Luxembourg ($42.9B).

In 2018, countries that imported more from Australia than France were China ($87.9B), Japan ($27.6B), and South Korea ($19.2B).

Comparative Advantage France - Australia

#permalink to section
Depth

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

During 2018, France had a large net trade with Australia in the exports of Machines ($897M), Chemical Products ($719M), and Foodstuffs ($418M).

During 2018, Australia had a large net trade with France in the exports of Mineral Products ($732M), Vegetable Products ($84.1M), and Machines ($69.9M).

Tariff Section

#permalink to section

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

In 2017, the products from France that paid the highest import tariffs to enter Australia were Sugar beet (178%) and Whey (173%).

In 2018, the products from Australia that paid the highest import tariffs to enter France were Mushrooms, fresh or chilled (5%) and Vegetables: truffles and mushrooms (other than of the genus Agaricus), fresh or chilled (5%).

Explore Tariff Data

*The tariffs present between France and Australia are:
136: Most Favoured Nation duty rate treatement

Trade Forecasts

#permalink to section

This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Bilateral Service Trade

#permalink to section

In 2016, France exported services to Australia worth $1.56B, with Travel ($760M), Transportation ($294M), and Other business services ($265M) being the largest in terms of value.

In 2018, Australia exported services to France worth $741M, with Travel ($582M), Other business services ($81.4M), and Transportation ($26.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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 France has comparative advantage over Australia. Similarly, the more red a dot/product is, the more Australia has comparative advantage over France.