2022
Exports
$18.5MWorld Rnk 29 / 182
Flag Rnk 391 / 1208
2022
PRODUCT COMPLEXITY IN Cutting Blades
1.38Rnk 76 / 1025
2022
Imports
$52.8MWorld Rnk 21 / 219
Flag Rnk 477 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $18.5M in Cutting Blades, making it the 29th largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 391st most exported product in Australia. The main destination of Cutting Blades exports from Australia are: United States ($5.13M), New Zealand ($1.99M), Thailand ($1.59M), Dominican Republic ($867k), and Papua New Guinea ($780k).

The fastest growing export markets for Cutting Blades of Australia between 2021 and 2022 were Dominican Republic ($839k), Thailand ($652k), and Maldives ($383k).

Imports In 2022, Australia imported $52.8M in Cutting Blades, becoming the 21st largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 477th most imported product in Australia. Australia imports Cutting Blades primarily from: United States ($18.1M), China ($7.9M), Germany ($6.14M), Spain ($1.84M), and Chinese Taipei ($1.77M).

The fastest growing import markets in Cutting Blades for Australia between 2021 and 2022 were United States ($2.02M), Spain ($1.28M), and China ($850k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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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 Cutting Blades. 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 (2022)$18.5M
IMPORTS (2022)$52.8M
NET TRADE (2022)-$34.2M

In 2022, Australia exported $18.5M in Cutting Blades. The main destinations of Australia exports on Cutting Blades were United States ($5.13M), New Zealand ($1.99M), Thailand ($1.59M), Dominican Republic ($867k), and Papua New Guinea ($780k).

In 2022, Australia imported $52.8M in Cutting Blades, mainly from United States ($18.1M), China ($7.9M), Germany ($6.14M), Spain ($1.84M), and Chinese Taipei ($1.77M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutting Blades EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Dominican Republic$839k (2.94k%)
Thailand$652k (69.5%)
Maldives$383k (148k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutting Blades BY Australia WERE (2021 - 2022):
Germany-$567k (-45.5%)
South Korea-$310k (-45.7%)
United States-$231k (-4.31%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Cutting Blades were:
In 2022, Australia's main importing competitors in Cutting Blades were:

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Trade Value of Cutting Blades by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $963k
TOP IMPORT POTENTIALChina+ $2.23M

Cutting Blades’s highest export potential is United States. With an export gap of $963k.   Cutting Blades’s highest import potential is China with an import gap of $2.23M.

See methodology.

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