2022
Exports | Imports
$202M | $1.42BWorld Rnk 36 / 220
Flag Rnk 108 / 4413
World Rnk 12 / 224
Flag Rnk 23 / 4469
2022
ECONOMIC COMPLEXITY of Australia
-0.35Rnk 77 / 124

About

Exports In 2022, Australia exported $202M in Instruments, appliances for medical, etc science, nes, making it the 36th largest exporter of Instruments, appliances for medical, etc science, nes in the world. At the same year, Instruments, appliances for medical, etc science, nes was the 108th most exported product in Australia. The main destination of Instruments, appliances for medical, etc science, nes exports from Australia are: New Zealand ($83.4M), United States ($18.1M), Singapore ($15.1M), Netherlands ($13.7M), and Switzerland ($10.3M).

The fastest growing export markets for Instruments, appliances for medical, etc science, nes of Australia between 2021 and 2022 were Switzerland ($8.26M), United States ($6.75M), and Mongolia ($1.86M).

Imports In 2022, Australia imported $1.42B in Instruments, appliances for medical, etc science, nes, becoming the 12th largest importer of Instruments, appliances for medical, etc science, nes in the world. At the same year, Instruments, appliances for medical, etc science, nes was the 23rd most imported product in Australia. Australia imports Instruments, appliances for medical, etc science, nes primarily from: United States ($631M), Mexico ($159M), Germany ($91.4M), China ($78.8M), and Ireland ($38.2M).

The fastest growing import markets in Instruments, appliances for medical, etc science, nes for Australia between 2021 and 2022 were United States ($29.5M), China ($5.43M), and Germany ($4.42M).

COMPANIES In 2023, leading companies such as JBS USA FOOD COMPANY (19.8k), ROBERT BOSCH TOOL CORPORATION (11.4k), and ROBERT BOSCH LLC (1.73k) were at the forefront of shipping Instruments, appliances for medical, etc science, nes 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 Instruments, appliances for medical, etc science, nes. 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)$202M
IMPORTS (2022)$1.42B
NET TRADE (2022)-$1.22B

In 2022, Australia exported $202M in Instruments, appliances for medical, etc science, nes. The main destinations of Australia exports on Instruments, appliances for medical, etc science, nes were New Zealand ($83.4M), United States ($18.1M), Singapore ($15.1M), Netherlands ($13.7M), and Switzerland ($10.3M).

In 2022, Australia imported $1.42B in Instruments, appliances for medical, etc science, nes, mainly from United States ($631M), Mexico ($159M), Germany ($91.4M), China ($78.8M), and Ireland ($38.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Instruments, appliances for medical, etc science, nes EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Switzerland$8.26M (402%)
United States$6.75M (59.3%)
Mongolia$1.86M (12.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Instruments, appliances for medical, etc science, nes BY Australia WERE (2021 - 2022):
New Zealand-$24.1M (-22.4%)
Germany-$16.3M (-63.6%)
Hong Kong-$13.5M (-83.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Instruments, appliances for medical, etc science, nes were:
In 2022, Australia's main importing competitors in Instruments, appliances for medical, etc science, nes were:

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Trade Value of Instruments, appliances for medical, etc science, nes by Exporters

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