2021
Flag  
GDP
$3.15TCURRENT US$
Rnk 5 / 204
2011-2021
Flag
GDP GROWTH
72.8%CURRENT US$
Rnk 26 / 204
2021
Flag
 GDP
$1.55TCURRENT US$
Rnk 13 / 204
2011-2021
Flag
GDP GROWTH
11%CURRENT US$
Rnk 141 / 204
2021
Flag
GDP PC 
$2,238CURRENT US$
Rnk 159 / 204
2011-2021
Flag
GDP PC GROWTH
54.4%CURRENT US$
Rnk 27 / 204
2021
Flag
GDP PC
$60,445CURRENT US$
Rnk 17 / 204
2011-2021
Flag
GDP PC GROWTH
-3.44%CURRENT US$
Rnk 157 / 204

About

India-Australia In 2021, India exported $6.54B to Australia. The main products that India exported to Australia are Refined Petroleum ($2.62B), Packaged Medicaments ($392M), and Diamonds ($222M). During the last 26 years the exports of India to Australia have increased at an annualized rate of 10.8%, from $455M in 1995 to $6.54B in 2021.

In 2021, India did not export any services to Australia.

Australia-India In 2021, Australia exported $20.5B to India. The main products that Australia exported to India were Coal Briquettes ($16.7B), Gold ($1.42B), and Copper Ore ($676M). During the last 26 years the exports of Australia to India have increased at an annualized rate of 10.9%, from $1.38B in 1995 to $20.5B in 2021.

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 2021,  India ranked 41 in the Economic Complexity Index (ECI 0.61), and 14 in total exports ($403B). That same year, Australia ranked 82 in the Economic Complexity Index (ECI -0.41), and 20 in total exports ($343B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, India exported $6.54B to Australia. The main products exported from India to Australia were Refined Petroleum ($2.62B), Packaged Medicaments ($392M), and Diamonds ($222M). During the last 26 years the exports of India to Australia have increased at an annualized rate of 10.8%, from $455M in 1995 to $6.54B in 2021.

In 2021, Australia exported $20.5B to India. The main products exported from Australia to India were Coal Briquettes ($16.7B), Gold ($1.42B), and Copper Ore ($676M). During the last 26 years the exports of Australia to India have increased at an annualized rate of 10.9%, from $1.38B in 1995 to $20.5B in 2021.

Exports from India (Flag) to Australia (Flag) (2021)

Exports from Australia (Flag) to India (Flag) (2021)

Market Competitiveness

Color
India
Top Destination
United States$71.2B
Australia
Top Destination
China$138B

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 2021, countries that imported more from India than Australia were United States ($71.2B), United Arab Emirates ($25.4B), and Bangladesh ($14.1B).

In 2021, countries that imported more from Australia than India were China ($138B), Japan ($47B), and South Korea ($29.4B).

Difference in imports from Australia (Flag) and India (Flag) (2021)

Comparative Advantage India - Australia

Flow
Scale

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

During 2021, India had a large net trade with Australia in the exports of Mineral Products ($2.67B), Chemical Products ($730M), and Textiles ($630M).

During 2021, Australia had a large net trade with India in the exports of Mineral Products ($17.8B), Precious Metals ($1.44B), and Chemical Products ($308M).

Service Trade

Bilateral Service Trade

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.

Services Exports from Australia (Flag) to India (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 India has comparative advantage over Australia. Similarly, the more yellow a dot/product is, the more Australia has comparative advantage over India.

Product Space of India (Flag) and Australia (Flag) (2021)

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