2022
Exports
$437kWorld Rnk 40 / 106
Flag Rnk 1003 / 1208
2022
PRODUCT COMPLEXITY IN Linseed
-0.89Rnk 803 / 1025
2022
Imports
$552kWorld Rnk 57 / 184
Flag Rnk 1107 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $437k in Linseed, making it the 40th largest exporter of Linseed in the world. At the same year, Linseed was the 1003rd most exported product in Australia. The main destination of Linseed exports from Australia are: New Zealand ($250k), Thailand ($72.8k), South Korea ($22.5k), United States ($21k), and Indonesia ($15.9k).

The fastest growing export markets for Linseed of Australia between 2021 and 2022 were New Zealand ($91.2k), Thailand ($57k), and South Korea ($22.5k).

Imports In 2022, Australia imported $552k in Linseed, becoming the 57th largest importer of Linseed in the world. At the same year, Linseed was the 1107th most imported product in Australia. Australia imports Linseed primarily from: New Zealand ($249k), Canada ($175k), China ($48.2k), Turkey ($39.5k), and Russia ($19.7k).

The fastest growing import markets in Linseed for Australia between 2021 and 2022 were New Zealand ($69.3k), Turkey ($5.95k), and Chinese Taipei ($2.71k).

Latest Trends

Oct 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 Linseed. 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)$437k
IMPORTS (2022)$552k
NET TRADE (2022)-$114k

In 2022, Australia exported $437k in Linseed. The main destinations of Australia exports on Linseed were New Zealand ($250k), Thailand ($72.8k), South Korea ($22.5k), United States ($21k), and Indonesia ($15.9k).

In 2022, Australia imported $552k in Linseed, mainly from New Zealand ($249k), Canada ($175k), China ($48.2k), Turkey ($39.5k), and Russia ($19.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Linseed EXPORT MARKETS FOR Australia WERE (2021 - 2022):
New Zealand$91.2k (57.3%)
Thailand$57k (360%)
South Korea$22.5k (48.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Linseed BY Australia WERE (2021 - 2022):
New Caledonia-$36.9k (-100%)
Hong Kong-$14.5k (-53.7%)
Japan-$6.11k (-49.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Linseed by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $47.5k
TOP IMPORT POTENTIALCanada+ $53.6k

Linseed’s highest export potential is United States. With an export gap of $47.5k.   Linseed’s highest import potential is Canada with an import gap of $53.6k.

See methodology.

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