2023
Exports
$122MWorld Rnk 62 / 210
Flag Rnk 144 / 1208
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$24.8BWorld Rnk 9 / 225
Flag Rnk 2 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $122M in Cars, making it the 62nd largest exporter of Cars in the world. At the same year, Cars was the 144th most exported product in Australia. The main destination of Cars exports from Australia are: New Zealand ($25.1M), Cyprus ($14.8M), Timor-Leste ($6.65M), Indonesia ($5.54M), and Kenya ($5.52M).

The fastest growing export markets for Cars of Australia between 2022 and 2023 were Cyprus ($13.2M), Italy ($2.9M), and Sri Lanka ($2.05M).

Imports In 2023, Australia imported $24.8B in Cars, becoming the 9th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Australia. Australia imports Cars primarily from: Japan ($8.53B), China ($4.37B), South Korea ($3.32B), Germany ($1.98B), and Thailand ($1.61B).

The fastest growing import markets in Cars for Australia between 2022 and 2023 were Japan ($1.8B), China ($1.72B), and United Kingdom ($444M).

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 Cars. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$122M
IMPORTS (2023)$24.8B
NET TRADE (2023)-$24.7B

In 2023, Australia exported $122M in Cars. The main destinations of Australia exports on Cars were New Zealand ($25.1M), Cyprus ($14.8M), Timor-Leste ($6.65M), Indonesia ($5.54M), and Kenya ($5.52M).

In 2023, Australia imported $24.8B in Cars, mainly from Japan ($8.53B), China ($4.37B), South Korea ($3.32B), Germany ($1.98B), and Thailand ($1.61B).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Cyprus$13.2M (820%)
Italy$2.9M (325%)
Sri Lanka$2.05M (1.21k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Australia WERE (2022 - 2023):
Thailand-$4.52M (-70.8%)
Saudi Arabia-$3.21M (-69.9%)
Timor-Leste-$3.05M (-31.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Australia's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Australia's main importing competitors in Cars were:

Explore Visualizations

Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.9M
TOP IMPORT POTENTIALUnited States+ $359M

Cars’s highest export potential is United States. With an export gap of $14.9M.   Cars’s highest import potential is United States with an import gap of $359M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with