2022
Exports | Imports
$155M | $830MWorld Rnk 41 / 192
Flag Rnk 124 / 1208
World Rnk 31 / 207
Flag Rnk 64 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.35Rnk 77 / 124
2022
PRODUCT COMPLEXITY IN Gas Turbines
0.76Rnk 261 / 1025

About

Exports In 2022, Australia exported $155M in Gas Turbines, making it the 41st largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 124th most exported product in Australia. The main destination of Gas Turbines exports from Australia are: United States ($52.8M), Netherlands ($28.1M), Singapore ($11M), Hong Kong ($7.28M), and Canada ($7.13M).

The fastest growing export markets for Gas Turbines of Australia between 2021 and 2022 were New Zealand ($3.59M), Brazil ($1.9M), and Thailand ($1.55M).

Imports In 2022, Australia imported $830M in Gas Turbines, becoming the 31st largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 64th most imported product in Australia. Australia imports Gas Turbines primarily from: United States ($382M), United Kingdom ($77.5M), Canada ($58.7M), Italy ($55.9M), and France ($33.1M).

The fastest growing import markets in Gas Turbines for Australia between 2021 and 2022 were Japan ($27.9M), China ($12.6M), and Croatia ($5.27M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Gas Turbines from Australia to the United States.

Latest Trends

Feb 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 Gas Turbines. 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)$155M
IMPORTS (2022)$830M
NET TRADE (2022)-$676M

In 2022, Australia exported $155M in Gas Turbines. The main destinations of Australia exports on Gas Turbines were United States ($52.8M), Netherlands ($28.1M), Singapore ($11M), Hong Kong ($7.28M), and Canada ($7.13M).

In 2022, Australia imported $830M in Gas Turbines, mainly from United States ($382M), United Kingdom ($77.5M), Canada ($58.7M), Italy ($55.9M), and France ($33.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Australia WERE (2021 - 2022):
New Zealand$3.59M (105%)
Brazil$1.9M (8.04k%)
Thailand$1.55M (147%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Australia WERE (2021 - 2022):
Netherlands-$44.2M (-61.1%)
United States-$20.2M (-27.7%)
Germany-$10.4M (-98.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Gas Turbines were:
In 2022, Australia's main importing competitors in Gas Turbines were:

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Trade Value of Gas Turbines by Exporters

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