HS Icon Cars in  Flag Australia

2019
Exports | Imports
: $260M | $15.8B, World Rnk 50 / 221
Flag Rnk 75 / 1209 | World Rnk 10 / 225
Flag Rnk 2 / 1204

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $34.7M | $130M, Belgium |  China

2019
ECONOMIC COMPLEXITY of Australia
: -0.16, Rnk 81 / 147

2019
PRODUCT COMPLEXITY  IN Cars
: 0.84, Rnk 237 / 1029

Exports In 2019, Australia exported $260M in Cars, making it the 50th largest exporter of Cars in the world. At the same year, Cars was the 75th most exported product in Australia. The main destination of Cars exports from Australia are: New Zealand ($60.1M), Belgium ($34.7M), Sri Lanka ($26.6M), Saudi Arabia ($16.9M), and United Kingdom ($12.8M).

The fastest growing export markets for Cars of Australia between 2018 and 2019 were Belgium ($34.7M), Saudi Arabia ($9.4M), and Denmark ($8.89M).

Imports In 2019, Australia imported $15.8B in Cars, becoming the 10th 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 ($5.35B), South Korea ($2.05B), Germany ($2.03B), Thailand ($1.88B), and United States ($1.65B).

The fastest growing import markets in Cars for Australia between 2018 and 2019 were China ($130M), Canada ($98.5M), and United States ($95.9M).

Tariffs In 2018, the average tariff for Australia in Cars was 3.42%. The countries with the highest import tariffs for Cars were Cote d'Ivoire (Most Favoured Nation duty rate treatement, 5%), Cameroon (Most Favoured Nation duty rate treatement, 5%), Republic of the Congo (Most Favoured Nation duty rate treatement, 5%), Algeria (Most Favoured Nation duty rate treatement, 5%), and Egypt (Most Favoured Nation duty rate treatement, 5%).

Historical Data

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EXPORTS (2019): $260M

IMPORTS (2019): $15.8B

NET TRADE (2019): -$15.6B

In 2019, Australia exported $260M in Cars. The main destinations of Australia exports on Cars were New Zealand ($60.1M), Belgium ($34.7M), Sri Lanka ($26.6M), Saudi Arabia ($16.9M), and United Kingdom ($12.8M).

In 2019, Australia imported $15.8B in Cars, mainly from Japan ($5.35B), South Korea ($2.05B), Germany ($2.03B), Thailand ($1.88B), and United States ($1.65B).

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IN 2019, Australia HAD A POSITIVE NET TRADE IN Cars WITH:

IN 2019, Australia HAD A NEGATIVE NET TRADE IN Cars WITH:

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THE FASTEST GROWING Cars EXPORT MARKETS FOR Australia WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Australia WERE (2018 - 2019):

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Market Concentration

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In 2019, Australia's main exporting competitors in Cars were:

In 2019, Australia's main importing competitors in Cars were:

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Tariffs by Country

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In 2018, the average tariff for Australia in Cars was 3.42%.

The countries with the highest tariffs for Cars in Australia were Cote d'Ivoire (Most Favoured Nation duty rate treatement, 5%), Cameroon (Most Favoured Nation duty rate treatement, 5%), Republic of the Congo (Most Favoured Nation duty rate treatement, 5%), Algeria (Most Favoured Nation duty rate treatement, 5%), and Egypt (Most Favoured Nation duty rate treatement, 5%).