2023
Exports
$5.73MWorld Rnk 64 / 151
Flag Rnk 551 / 1208
2023
PRODUCT COMPLEXITY IN Buses
0.24Rnk 481 / 1025
2023
Imports
$198MWorld Rnk 28 / 212
Flag Rnk 222 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $5.73M in Buses, making it the 64th largest exporter of Buses in the world. At the same year, Buses was the 551st most exported product in Australia. The main destination of Buses exports from Australia are: Luxembourg ($1.55M), Papua New Guinea ($1.49M), China ($644k), Nigeria ($551k), and New Zealand ($461k).

The fastest growing export markets for Buses of Australia between 2022 and 2023 were Luxembourg ($1.55M), Papua New Guinea ($1.32M), and Nigeria ($324k).

Imports In 2023, Australia imported $198M in Buses, becoming the 28th largest importer of Buses in the world. At the same year, Buses was the 222nd most imported product in Australia. Australia imports Buses primarily from: China ($89.2M), Japan ($45.5M), Brazil ($37.3M), Malaysia ($6.74M), and Singapore ($6.66M).

The fastest growing import markets in Buses for Australia between 2022 and 2023 were Brazil ($21.1M), China ($15.5M), and Switzerland ($4.08M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Buses. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$5.73M
IMPORTS (2023)$198M
NET TRADE (2023)-$193M

In 2023, Australia exported $5.73M in Buses. The main destinations of Australia exports on Buses were Luxembourg ($1.55M), Papua New Guinea ($1.49M), China ($644k), Nigeria ($551k), and New Zealand ($461k).

In 2023, Australia imported $198M in Buses, mainly from China ($89.2M), Japan ($45.5M), Brazil ($37.3M), Malaysia ($6.74M), and Singapore ($6.66M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Luxembourg$1.55M (1%)
Papua New Guinea$1.32M (772%)
Nigeria$324k (143%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Australia WERE (2022 - 2023):
China-$409k (-38.8%)
Timor-Leste-$120k (-100%)
Georgia-$77.4k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, Australia's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $181k
TOP IMPORT POTENTIALGermany+ $2.01M

Buses’s highest export potential is China. With an export gap of $181k.   Buses’s highest import potential is Germany with an import gap of $2.01M.

See methodology.

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