2023
Exports
$12.1BWorld Rnk 1 / 178
Flag Rnk 5 / 1208
2023
PRODUCT COMPLEXITY IN Other Mineral
-1.39Rnk 923 / 1025
2023
Imports
$9.25MWorld Rnk 37 / 202
Flag Rnk 788 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $12.1B in Other Mineral, making it the 1st largest exporter of Other Mineral in the world. At the same year, Other Mineral was the 5th most exported product in Australia. The main destination of Other Mineral exports from Australia are: China ($12B), Germany ($71.8M), South Korea ($43.4M), United States ($13.4M), and Belgium ($6.61M).

The fastest growing export markets for Other Mineral of Australia between 2022 and 2023 were China ($4.68B), Germany ($65.1M), and Thailand ($795k).

Imports In 2023, Australia imported $9.25M in Other Mineral, becoming the 37th largest importer of Other Mineral in the world. At the same year, Other Mineral was the 788th most imported product in Australia. Australia imports Other Mineral primarily from: South Africa ($2.31M), New Zealand ($1.45M), Turkey ($1.27M), Denmark ($1.02M), and China ($645k).

The fastest growing import markets in Other Mineral for Australia between 2022 and 2023 were Denmark ($1.02M), Israel ($523k), and New Zealand ($474k).

Latest Trends

Dec 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 (2023)$12.1B
IMPORTS (2023)$9.25M
NET TRADE (2023)$12.1B

In 2023, Australia exported $12.1B in Other Mineral. The main destinations of Australia exports on Other Mineral were China ($12B), Germany ($71.8M), South Korea ($43.4M), United States ($13.4M), and Belgium ($6.61M).

In 2023, Australia imported $9.25M in Other Mineral, mainly from South Africa ($2.31M), New Zealand ($1.45M), Turkey ($1.27M), Denmark ($1.02M), and China ($645k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Mineral EXPORT MARKETS FOR Australia WERE (2022 - 2023):
China$4.68B (64.1%)
Germany$65.1M (973%)
Thailand$795k (707%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Mineral BY Australia WERE (2022 - 2023):
South Korea-$25.4M (-36.9%)
United States-$5.18M (-27.8%)
Spain-$2.3M (-37.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Other Mineral were:
In 2023, 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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