2022
Exports
$8.27BWorld Rnk 1 / 181
Flag Rnk 6 / 1208
2022
PRODUCT COMPLEXITY IN Other Mineral
-1.21Rnk 881 / 1025
2022
Imports
$15.1MWorld Rnk 33 / 203
Flag Rnk 724 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $8.27B in Other Mineral, making it the 1st largest exporter of Other Mineral in the world. At the same year, Other Mineral was the 6th most exported product in Australia. The main destination of Other Mineral exports from Australia are: China ($8.09B), South Korea ($75.4M), Belgium ($63.4M), United States ($22.2M), and Spain ($3.4M).

The fastest growing export markets for Other Mineral of Australia between 2021 and 2022 were China ($6.95B), South Korea ($62M), and Belgium ($35.3M).

Imports In 2022, Australia imported $15.1M in Other Mineral, becoming the 33rd largest importer of Other Mineral in the world. At the same year, Other Mineral was the 724th most imported product in Australia. Australia imports Other Mineral primarily from: South Africa ($3.76M), Turkey ($3.73M), China ($2.59M), New Zealand ($2.21M), and United States ($813k).

The fastest growing import markets in Other Mineral for Australia between 2021 and 2022 were South Africa ($1.58M), Turkey ($1.34M), and New Zealand ($631k).

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 Mineral. 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)$8.27B
IMPORTS (2022)$15.1M
NET TRADE (2022)$8.25B

In 2022, Australia exported $8.27B in Other Mineral. The main destinations of Australia exports on Other Mineral were China ($8.09B), South Korea ($75.4M), Belgium ($63.4M), United States ($22.2M), and Spain ($3.4M).

In 2022, Australia imported $15.1M in Other Mineral, mainly from South Africa ($3.76M), Turkey ($3.73M), China ($2.59M), New Zealand ($2.21M), and United States ($813k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Mineral EXPORT MARKETS FOR Australia WERE (2021 - 2022):
China$6.95B (606%)
South Korea$62M (464%)
Belgium$35.3M (126%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Mineral BY Australia WERE (2021 - 2022):
Germany-$1.16M (-29.4%)
Ecuador-$583k (-81.3%)
Poland-$535k (-85.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Other Mineral were:
China $316M
In 2022, Australia's main importing competitors in Other Mineral were:

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Trade Value of Other Mineral by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15M
TOP IMPORT POTENTIALChina+ $604k

Other Mineral’s highest export potential is United States. With an export gap of $15M.   Other Mineral’s highest import potential is China with an import gap of $604k.

See methodology.

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