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Pricing

2022
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Exports $5.41BRnk 22 / 224
2022
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Top Product $477MCars
2022
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Exports $2.32BRnk 21 / 213
2022
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Top Product $367MRaw Lead
2022
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Economic Complexity (ECI) ECI 1.38Rnk 12 / 124
2022
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Economic Complexity (ECI) ECI -0.35Rnk 77 / 124
2022
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GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
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 GDP$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
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GDP GROWTH8.3%CURRENT US$
Rnk 148 / 186
2022
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GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
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GDP PC$64,491CURRENT US$
Rnk 11 / 186
2012-2022
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GDP PC GROWTH-5.23%CURRENT US$
Rnk 153 / 186

About

United Kingdom-Australia In 2022, United Kingdom exported $5.41B to Australia. The main products that United Kingdom exported to Australia are Cars ($477M), Packaged Medicaments ($365M), and Hard Liquor ($268M). During the last 27 years the exports of United Kingdom to Australia have increased at an annualized rate of 1.81%, from $3.33B in 1995 to $5.41B in 2022.

In 2019, United Kingdom exported services to Australia worth $6.95B, with Travel ($2.11B), Other business services ($1.73B), and Transportation ($1.72B) being the largest in terms of value.

Australia-United Kingdom In 2022, Australia exported $2.32B to United Kingdom. The main products that Australia exported to United Kingdom were Raw Lead ($367M), Wine ($324M), and Coal Briquettes ($250M). During the last 27 years the exports of Australia to United Kingdom have increased at an annualized rate of 1.14%, from $1.71B in 1995 to $2.32B in 2022.

In 2009, Australia exported services to United Kingdom worth $3.14B, with Travel ($1.95B), Other business services ($481M), and Transportation ($441M) being the largest in terms of value.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, Australia ranked 77 in the Economic Complexity Index (ECI -0.35), and 16 in total exports ($424B).

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £338M and imported £215M from Australia, resulting in a positive trade balance of £123M. Between January 2023 and January 2024 the exports of United Kingdom have decreased by £-44.2M (-11.5%) from £382M to £338M, while imports increased by £73.7M (52.1%) from £142M to £215M.

Trade In January 2024, the top exports of United Kingdom to Australia were Cars (£61.9M), Packaged Medicaments (£19.9M), Stone Processing Machines (£18.9M), Gas Turbines (£15.1M), and Delivery Trucks (£14.6M). In January 2024 the top imports of United Kingdom from Australia were Coal Briquettes (£20.4M), Orthopedic Appliances (£19.7M), Wine (£16.5M), Commodities not elsewhere specified (£14.1M), and Titanium Ore (£10.5M).

Origins In January 2024 the exports of United Kingdom were mainly from Southampton (£97.5M), London Heathrow Airport (£78.2M), London Gateway (£46.6M), Felixstowe (£29.5M), and East Midlands Airport (£18.2M), while imports destinations were mainly London Heathrow Airport (£126M), London Stansted Airport (£13M), Hartlepool (£10.4M), London Gateway (£10.3M), and Southampton (£9.04M).

Growth In January 2024, the decrease in United Kingdom's year-by-year exports to Australia was explained primarily by an decrease in product exports in Hormones (£-5.94M or -100%), Tractors (£-5.39M or -82.9%), and Other Heating Machinery (£-2.82M or -81.7%). In January 2024, the increase in United Kingdom's year-by-year imports  from Australia was explained primarily by an increase in product imports  in Orthopedic Appliances (£13.5M or 220%), Coal Briquettes (£4.33M or 26.9%), and Washing and Bottling Machines (£1.18M or 462%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)£-44.2M(-11.5%)
IMPORT GROWTH (January 2023 - January 2024)£73.7M(52.1%)
MAIN EXPORTER (January 2024)Southampton£97.5M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Australia and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Australia and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $5.41B to Australia. The main products exported from United Kingdom to Australia were Cars ($477M), Packaged Medicaments ($365M), and Hard Liquor ($268M). During the last 27 years the exports of United Kingdom to Australia have increased at an annualized rate of 1.81%, from $3.33B in 1995 to $5.41B in 2022.

In 2022, Australia exported $2.32B to United Kingdom. The main products exported from Australia to United Kingdom were Raw Lead ($367M), Wine ($324M), and Coal Briquettes ($250M). During the last 27 years the exports of Australia to United Kingdom have increased at an annualized rate of 1.14%, from $1.71B in 1995 to $2.32B in 2022.

Exports from United Kingdom (Flag) to Australia (Flag) (2022)

Exports from Australia (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Australia
Top DestinationChina$123B

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

In 2021, countries that imported more from United Kingdom than Australia were United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2021, countries that imported more from Australia than United Kingdom were China ($123B), Japan ($80.1B), and South Korea ($41B).

Difference in imports from Australia (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Australia

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Australia in the exports of Machines ($1.35B), Transportation ($874M), and Chemical Products ($863M).

During 2022, Australia had a large net trade with United Kingdom in the exports of Metals ($507M), Foodstuffs ($352M), and Mineral Products ($348M).

Service Trade

Bilateral Service Trade

In 2019, United Kingdom exported services to Australia worth $6.95B, with Travel ($2.11B), Other business services ($1.73B), and Transportation ($1.72B) being the largest in terms of value.

In 2009, Australia exported services to United Kingdom worth $3.14B, with Travel ($1.95B), Other business services ($481M), and Transportation ($441M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Australia (Flag) (2019)

Services Exports from Australia (Flag) to United Kingdom (Flag) (2009)

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Australia (Flag) (2022)

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