Gas Turbines in Australia

EXPORTS (2018): $142M, World Rnk 39 / 183
Flag Rnk 118 / 1197

TOP DESTINATION (2018): $29.3M, United States

FASTEST GROWING MARKET (2017 - 2018): $24M, United States

IMPORTS (2018): $1B, World Rnk 28 / 199
Flag Rnk 35 / 1204

TOP ORIGIN (2018): $250M, United States

FASTEST GROWING ORIGIN (2017 - 2018): $88M, Chinese Taipei

ECONOMIC COMPLEXITY of Australia (2018): -0.093, Rnk 73 / 137

PRODUCT COMPLEXITY  IN Gas Turbines (2018): 0.26, Rnk 452 / 1018

Exports: In 2018, Australia exported $142M in Gas Turbines, making it the 39th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 118th most exported product in Australia. The main destination of Gas Turbines exports from Australia are: United States ($29.3M), Singapore ($20M), Canada ($17.5M), Hong Kong ($14.4M), and Switzerland ($11.5M).

The fastest growing export markets for Gas Turbines of Australia between 2017 and 2018 were United States ($24M), Singapore ($14.4M), and Canada ($13.6M).

Imports: In 2018, Australia imported $1B in Gas Turbines, becoming the 28th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 35th most imported product in Australia. Australia imports Gas Turbines primarily from: United States ($250M), United Kingdom ($107M), Chinese Taipei ($98.5M), Germany ($64M), and Switzerland ($63.5M).

The fastest growing import markets in Gas Turbines for Australia between 2017 and 2018 were Chinese Taipei ($88M), Switzerland ($62.5M), and Germany ($50.7M).

Value

EXPORTS (2018): $142M

IMPORTS (2018): $1B

NET TRADE (2018): -$863M

In 2018, Australia exported $142M in Gas Turbines. The main destinations of Australia exports on Gas Turbines were United States ($29.3M), Singapore ($20M), Canada ($17.5M), Hong Kong ($14.4M), and Switzerland ($11.5M).

In 2018, Australia imported $1B in Gas Turbines, mainly from United States ($250M), United Kingdom ($107M), Chinese Taipei ($98.5M), Germany ($64M), and Switzerland ($63.5M).

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IN 2018, Australia HAD A POSITIVE NET TRADE IN Gas Turbines WITH:

IN 2018, Australia HAD A NEGATIVE NET TRADE IN Gas Turbines WITH:

Flow

THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Australia WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Australia WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Australia's main exporting competitors in Gas Turbines were:

In 2018, Australia's main importing competitors in Gas Turbines were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Gas Turbines in Australia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the tariffs for Gas Turbines in the imports of Australia were of 0% around the world.

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