2022
Exports
$747MWorld Rnk 22 / 218
Flag Rnk 38 / 1208
2022
PRODUCT COMPLEXITY IN Other Edible Preparations
0.054Rnk 531 / 1025
2022
Imports
$1.54BWorld Rnk 9 / 226
Flag Rnk 31 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $747M in Other Edible Preparations, making it the 22nd largest exporter of Other Edible Preparations in the world. At the same year, Other Edible Preparations was the 38th most exported product in Australia. The main destination of Other Edible Preparations exports from Australia are: China ($341M), New Zealand ($120M), United States ($43M), Hong Kong ($26.1M), and Vietnam ($25.4M).

The fastest growing export markets for Other Edible Preparations of Australia between 2021 and 2022 were New Zealand ($7.53M), Philippines ($7.41M), and Papua New Guinea ($5.54M).

Imports In 2018, Australia imported $1.54B in Other Edible Preparations, becoming the 9th largest importer of Other Edible Preparations in the world. At the same year, Other Edible Preparations was the 31st most imported product in Australia. Australia imports Other Edible Preparations primarily from: Singapore ($419M), New Zealand ($220M), United States ($176M), China ($117M), and Thailand ($63.8M).

The fastest growing import markets in Other Edible Preparations for Australia between 2021 and 2022 were China ($31.2M), Japan ($14.5M), and Thailand ($13.6M).

COMPANIES In 2023, leading companies such as JBS Foods (2) were at the forefront of shipping Other Edible Preparations from Australia to the United States.

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 Other Edible Preparations. 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)$747M
IMPORTS (2022)$1.54B
NET TRADE (2022)-$791M

In 2022, Australia exported $747M in Other Edible Preparations. The main destinations of Australia exports on Other Edible Preparations were China ($341M), New Zealand ($120M), United States ($43M), Hong Kong ($26.1M), and Vietnam ($25.4M).

In 2022, Australia imported $1.54B in Other Edible Preparations, mainly from Singapore ($419M), New Zealand ($220M), United States ($176M), China ($117M), and Thailand ($63.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Edible Preparations EXPORT MARKETS FOR Australia WERE (2021 - 2022):
New Zealand$7.53M (6.69%)
Philippines$7.41M (162%)
Papua New Guinea$5.54M (52.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Edible Preparations BY Australia WERE (2021 - 2022):
Malaysia-$14.9M (-49.9%)
Hong Kong-$14M (-34.9%)
Indonesia-$13.5M (-68.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Other Edible Preparations were:
In 2022, Australia's main importing competitors in Other Edible Preparations were:

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Trade Value of Other Edible Preparations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $38.3M
TOP IMPORT POTENTIALChina+ $27.8M

Other Edible Preparations’s highest export potential is United States. With an export gap of $38.3M.   Other Edible Preparations’s highest import potential is China with an import gap of $27.8M.

See methodology.

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