Flag India / Australia Flag

2019
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Exports
: $3.19B, Rnk 30 / 219

2019
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Top Product
: $287M, Refined Petroleum

2019
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Exports
: $15.3B, Rnk 4 / 208

2019
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Top Product
: $12.1B, Coal Briquettes

2019
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Economic Complexity (ECI)
: ECI 0.59, Rnk 44 / 146

2019
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Economic Complexity (ECI)
: ECI -0.19, Rnk 79 / 146

2019
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GDP
: $2.87T, CURRENT US$
Rnk 5 / 187

2009-2019
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GDP GROWTH
: 114%, CURRENT US$
Rnk 25 / 187

2019
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 GDP
: $1.4T, CURRENT US$
Rnk 13 / 187

2009-2019
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GDP GROWTH
: 50.5%, CURRENT US$
Rnk 93 / 187

2019
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GDP PC 
: $2,100, CURRENT US$
Rnk 142 / 187

2009-2019
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GDP PC GROWTH
: 90.5%, CURRENT US$
Rnk 19 / 187

2019
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GDP PC
: $55,060, CURRENT US$
Rnk 12 / 187

2009-2019
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GDP PC GROWTH
: 28.7%, CURRENT US$
Rnk 95 / 187

India-Australia In 2019, India exported $3.19B to Australia. The main products that India exported to Australia are Refined Petroleum ($287M), Packaged Medicaments ($277M), and Railway Passenger Cars ($166M). During the last 24 years the exports of India to Australia have increased at an annualized rate of 8.67%, from $433M in 1995 to $3.19B in 2019.

In 2019, India did not export any services to Australia.

Australia-India In 2019, Australia exported $15.3B to India . The main products that Australia exported to India were Coal Briquettes ($12.1B), Gold ($604M), and Petroleum Gas ($419M). During the last 24 years the exports of Australia to India have increased at an annualized rate of 10.5%, from $1.38B in 1995 to $15.3B in 2019.

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.

Comparison In 2019,  India ranked 44 in the Economic Complexity Index (ECI 0.59), and 15 in total exports ($330B). That same year, Australia ranked 79 in the Economic Complexity Index (ECI -0.19), and 19 in total exports ($284B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, India exported $3.19B to Australia. The main products exported from India to Australia were Refined Petroleum ($287M), Packaged Medicaments ($277M), and Railway Passenger Cars ($166M). During the last 24 years the exports of India to Australia have increased at an annualized rate of 8.67%, from $433M in 1995 to $3.19B in 2019.

In 2019, Australia exported $15.3B to India. The main products exported from Australia to India were Coal Briquettes ($12.1B), Gold ($604M), and Petroleum Gas ($419M). During the last 24 years the exports of Australia to India have increased at an annualized rate of 10.5%, from $1.38B in 1995 to $15.3B in 2019.

Australia Exports

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Market Competitiveness

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Measure

India
Top Destination
: United States, $55.3B

Australia
Top Destination
: China, $111B

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

In 2019, countries that imported more from India than Australia were United States ($55.3B), United Arab Emirates ($28.6B), and Bangladesh ($8.24B).

In 2019, countries that imported more from Australia than India were China ($111B), Japan ($41.5B), and South Korea ($18.9B).

Comparative Advantage India - Australia

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Depth

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

During 2019, India had a large net trade with Australia in the exports of Chemical Products ($501M), Textiles ($495M), and Machines ($355M).

During 2019, Australia had a large net trade with India in the exports of Mineral Products ($13B), Precious Metals ($731M), and Chemical Products ($542M).

Tariff Section

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

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%).

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%).

*The tariffs present between India and Australia are:
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 India has comparative advantage over Australia. Similarly, the more red a dot/product is, the more Australia has comparative advantage over India.