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2023
Flag → Flag
Exports $748kRnk 5 / 62
2023
Flag → Flag
Top Product $528kGas Turbines
2023
Flag → Flag
Exports $9.64MRnk 129 / 211
2023
Flag → Flag
Top Product $3.04MOther Prepared Meat
2023
Flag
Economic Complexity (ECI) ECI -0.28Rnk 75 / 132
2023
Flag
 GDP$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC$64,821CURRENT US$
Rnk 16 / 196
2013-2023
Flag
GDP PC GROWTH-4.94%CURRENT US$
Rnk 159 / 195

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $748k in 2023.

In 2018, 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 2023 to $9.64M in 2018.

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

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

Latest Data

Trade between Guam (Flag) and Australia (Flag)

Australia Exports

Market Competitiveness

Color
Guam
Top DestinationChinese Taipei$5.53M
Australia
Top DestinationChina$137B

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

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

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

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

Comparative Advantage Guam - Australia

Flow
Scale

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

During 2023, Guam had a large net trade with Australia in the exports of Machines ($529k), Transportation ($166k), and Textiles ($24.4k).

During 2018, Australia had a large net trade with Guam in the exports of Foodstuffs ($4.59M), Machines ($1.67M), and Animal Products ($917k).

Economic Complexity

Competitive Landscape

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

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

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