Flag India / Australia Flag

2020
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Exports
: $3.74B, Rnk 23 / 218

2020
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Top Product
: $913M, Refined Petroleum

2020
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Exports
: $11.3B, Rnk 5 / 211

2020
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Economic Complexity (ECI)
: ECI 0.56, Rnk 40 / 127

2020
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Economic Complexity (ECI)
: ECI -0.31, Rnk 74 / 127

2020
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GDP
: $2.66T, CURRENT US$
Rnk 6 / 195

2010-2020
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GDP GROWTH
: 58.8%, CURRENT US$
Rnk 46 / 195

2020
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 GDP
: $1.33T, CURRENT US$
Rnk 13 / 195

2010-2020
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GDP GROWTH
: 15.7%, CURRENT US$
Rnk 128 / 195

2020
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GDP PC 
: $1,928, CURRENT US$
Rnk 150 / 195

2010-2020
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GDP PC GROWTH
: 42%, CURRENT US$
Rnk 38 / 195

2020
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GDP PC
: $51,693, CURRENT US$
Rnk 14 / 195

2010-2020
Flag
GDP PC GROWTH
: -0.76%, CURRENT US$
Rnk 142 / 195

India-Australia In 2020, India exported $3.74B to Australia. The main products that India exported to Australia are Refined Petroleum ($913M), Packaged Medicaments ($316M), and Diamonds ($145M). During the last 25 years the exports of India to Australia have increased at an annualized rate of 8.76%, from $458M in 1995 to $3.74B in 2020.

In 2020, India did not export any services to Australia.

Australia-India In 2020, Australia exported $11.3B to India. The main products that Australia exported to India were N/A. During the last 25 years the exports of Australia to India have increased at an annualized rate of 8.77%, from $1.39B in 1995 to $11.3B in 2020.

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.

Comparison In 2020,  India ranked 40 in the Economic Complexity Index (ECI 0.56), and 18 in total exports ($284B). That same year, Australia ranked 74 in the Economic Complexity Index (ECI -0.31), and 22 in total exports ($250B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, India exported $3.74B to Australia. The main products exported from India to Australia were Refined Petroleum ($913M), Packaged Medicaments ($316M), and Diamonds ($145M). During the last 25 years the exports of India to Australia have increased at an annualized rate of 8.76%, from $458M in 1995 to $3.74B in 2020.

In 2020, Australia exported $11.3B to India. There were not main exports from Australia to India in 2020. During the last 25 years the exports of Australia to India have increased at an annualized rate of 8.77%, from $1.39B in 1995 to $11.3B in 2020.

Market Competitiveness

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Measure

India
Top Destination
: United States, $49.7B

Australia
Top Destination
: China, $102B

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 ($49.7B), United Arab Emirates ($18.1B), and Bangladesh ($7.91B).

In 2019, countries that imported more from Australia than India were China ($102B), Japan ($31.8B), and South Korea ($17.2B).

Comparative Advantage India - Australia

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Flow

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

During 2020, India had a large net trade with Australia in the exports of N/A.

During 2020, Australia had a large net trade with India in the exports of N/A.

Bilateral Service Trade

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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.

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 yellow.  This mean that the more blue a dot/product is, the more India has comparative advantage over Australia. Similarly, the more yellow a dot/product is, the more Australia has comparative advantage over India.