Flag United States / Australia Flag

2020
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Exports
: $24.2B, Rnk 13 / 218

2020
FlagFlag
Top Product
: $1.52B, Planes, Helicopters, and/or Spacecraft

2020
FlagFlag
Exports
: $11.6B, Rnk 4 / 211

2020
FlagFlag
Top Product
: $2.75B, Gold

2020
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Economic Complexity (ECI)
: ECI 1.56, Rnk 9 / 127

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

2020
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GDP
: $21T, CURRENT US$
Rnk 1 / 195

2010-2020
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GDP GROWTH
: 39.8%, CURRENT US$
Rnk 78 / 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 
: $63,593, CURRENT US$
Rnk 8 / 195

2010-2020
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GDP PC GROWTH
: 31.2%, CURRENT US$
Rnk 57 / 195

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

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

United States-Australia In 2020, United States exported $24.2B to Australia. The main products that United States exported to Australia are Planes, Helicopters, and/or Spacecraft ($1.52B), Medical Instruments ($930M), and Cars ($916M). During the last 25 years the exports of United States to Australia have increased at an annualized rate of 2.96%, from $11.7B in 1995 to $24.2B in 2020.

In 2017, United States exported services to Australia worth $17.4B, with Travel ($7.68B), Royalties and license fees ($2.3B), and Other business services ($2.25B) being the largest in terms of value.

Australia-United States In 2020, Australia exported $11.6B to United States. The main products that Australia exported to United States were Gold ($2.75B), Vaccines, blood, antisera, toxins and cultures ($1.03B), and Frozen Bovine Meat ($827M). During the last 25 years the exports of Australia to United States have increased at an annualized rate of 4.94%, from $3.47B in 1995 to $11.6B in 2020.

In 2009, Australia exported services to United States worth $3.88B, with Other business services ($1.34B), Travel ($1.19B), and Transportation ($564M) being the largest in terms of value.

Comparison In 2020,  United States ranked 9 in the Economic Complexity Index (ECI 1.56), and 2 in total exports ($1.34T). 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, United States exported $24.2B to Australia. The main products exported from United States to Australia were Planes, Helicopters, and/or Spacecraft ($1.52B), Medical Instruments ($930M), and Cars ($916M). During the last 25 years the exports of United States to Australia have increased at an annualized rate of 2.96%, from $11.7B in 1995 to $24.2B in 2020.

In 2020, Australia exported $11.6B to United States. The main products exported from Australia to United States were Gold ($2.75B), Vaccines, blood, antisera, toxins and cultures ($1.03B), and Frozen Bovine Meat ($827M). During the last 25 years the exports of Australia to United States have increased at an annualized rate of 4.94%, from $3.47B in 1995 to $11.6B in 2020.

Market Competitiveness

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Measure

United States
Top Destination
: Canada, $218B

Australia
Top Destination
: China, $102B

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

In 2019, countries that imported more from United States than Australia were Canada ($218B), Mexico ($196B), and Germany ($59.2B).

In 2019, countries that imported more from Australia than United States were New Zealand ($5.58B), Papua New Guinea ($1.13B), and New Caledonia ($260M).

Comparative Advantage United States - Australia

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Flow

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

During 2020, United States had a large net trade with Australia in the exports of Machines ($6.81B), Transportation ($4.92B), and Chemical Products ($3.62B).

During 2020, Australia had a large net trade with United States in the exports of Precious Metals ($2.86B), Animal Products ($2.37B), and Chemical Products ($1.59B).

Bilateral Service Trade

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In 2017, United States exported services to Australia worth $17.4B, with Travel ($7.68B), Royalties and license fees ($2.3B), and Other business services ($2.25B) being the largest in terms of value.

In 2009, Australia exported services to United States worth $3.88B, with Other business services ($1.34B), Travel ($1.19B), and Transportation ($564M) 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 United States has comparative advantage over Australia. Similarly, the more yellow a dot/product is, the more Australia has comparative advantage over United States.