Opto-Electric Instrument Parts in Australia 2021 Exports | Imports : $92.6M | $23.1M, World Rnk 9 / 178 Rnk 159 / 1210 | World Rnk 33 / 215 Rnk 629 / 1206
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $7.57M | $1.5M, China | United States
2021 ECONOMIC COMPLEXITY of Australia: -0.41, Rnk 82 / 131
2021 PRODUCT COMPLEXITY IN Opto-Electric Instrument Parts: 0.95, Rnk 185 / 1024
Exports In 2021, Australia exported $92.6M in Opto-Electric Instrument Parts, making it the 9th largest exporter of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 159th most exported product in Australia. The main destination of Opto-Electric Instrument Parts exports from Australia are: China ($38.7M), South Korea ($14.7M), Japan ($13.4M), Malaysia ($7.41M), and Singapore ($3.67M).
The fastest growing export markets for Opto-Electric Instrument Parts of Australia between 2020 and 2021 were China ($7.57M), South Korea ($5.09M), and Malaysia ($2.19M).
Imports In 2021, Australia imported $23.1M in Opto-Electric Instrument Parts, becoming the 33rd largest importer of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 629th most imported product in Australia. Australia imports Opto-Electric Instrument Parts primarily from: United States ($4.01M), China ($3.72M), Germany ($3.19M), Finland ($1.8M), and Italy ($1.32M).
The fastest growing import markets in Opto-Electric Instrument Parts for Australia between 2020 and 2021 were United States ($1.5M), Italy ($584k), and Thailand ($571k).
Jun 2023
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 Opto-Electric Instrument Parts. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2021): $92.6M
IMPORTS (2021): $23.1M
NET TRADE (2021): $69.5M
In 2021, Australia exported $92.6M in Opto-Electric Instrument Parts. The main destinations of Australia exports on Opto-Electric Instrument Parts were China ($38.7M), South Korea ($14.7M), Japan ($13.4M), Malaysia ($7.41M), and Singapore ($3.67M).
In 2021, Australia imported $23.1M in Opto-Electric Instrument Parts, mainly from United States ($4.01M), China ($3.72M), Germany ($3.19M), Finland ($1.8M), and Italy ($1.32M).
THE FASTEST GROWING Opto-Electric Instrument Parts EXPORT MARKETS FOR Australia WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Opto-Electric Instrument Parts BY Australia WERE (2020 - 2021):
In 2021, Australia's main exporting competitors in Opto-Electric Instrument Parts were:
In 2021, Australia's main importing competitors in Opto-Electric Instrument Parts were:
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