India-Australia Trade: In 2022, India exported $4.01B to Australia. The main products that India exported to Australia were Refined Petroleum ($3.11B), Packaged Medicaments ($397M), and Diamonds ($211M). Over the past 5 years the exports of India to Australia have increased at an annualized rate of 54.2%, from $460M in 2017 to $4.01B in 2022.
In 2022, India did not export any services to Australia.
Australia-India Trade: In 2022, Australia exported $19.3B to India. The main products that Australia exported to India were Coal Briquettes ($27B), Gold ($1.26B), and Petroleum Gas ($456M). Over the past 5 years the exports of Australia to India have increased at an annualized rate of 66.4%, from $1.51B in 2017 to $19.3B in 2022.
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 2022, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).