2022
Exports
$7.93MWorld Rnk 54 / 186
Flag Rnk 513 / 1208
2022
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils
-0.9Rnk 810 / 1025
2022
Imports
$80.7MWorld Rnk 19 / 221
Flag Rnk 390 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $7.93M in Other Pure Vegetable Oils, making it the 54th largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 513th most exported product in Australia. The main destination of Other Pure Vegetable Oils exports from Australia are: China ($3.53M), New Zealand ($1.02M), Italy ($503k), Spain ($421k), and Thailand ($320k).

The fastest growing export markets for Other Pure Vegetable Oils of Australia between 2021 and 2022 were Thailand ($315k), Italy ($226k), and Vietnam ($166k).

Imports In 2022, Australia imported $80.7M in Other Pure Vegetable Oils, becoming the 19th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 390th most imported product in Australia. Australia imports Other Pure Vegetable Oils primarily from: China ($19.4M), Thailand ($10.3M), Malaysia ($9.22M), India ($6.5M), and United Kingdom ($5.55M).

The fastest growing import markets in Other Pure Vegetable Oils for Australia between 2021 and 2022 were China ($2.32M), United Kingdom ($1.9M), and Vietnam ($1.06M).

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 Pure Vegetable Oils. 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)$7.93M
IMPORTS (2022)$80.7M
NET TRADE (2022)-$72.8M

In 2022, Australia exported $7.93M in Other Pure Vegetable Oils. The main destinations of Australia exports on Other Pure Vegetable Oils were China ($3.53M), New Zealand ($1.02M), Italy ($503k), Spain ($421k), and Thailand ($320k).

In 2022, Australia imported $80.7M in Other Pure Vegetable Oils, mainly from China ($19.4M), Thailand ($10.3M), Malaysia ($9.22M), India ($6.5M), and United Kingdom ($5.55M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Thailand$315k (6.56k%)
Italy$226k (81.7%)
Vietnam$166k (205%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Australia WERE (2021 - 2022):
China-$3.04M (-46.3%)
United States-$826k (-81.9%)
Netherlands-$695k (-96.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Other Pure Vegetable Oils were:
In 2022, Australia's main importing competitors in Other Pure Vegetable Oils were:

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.13M
TOP IMPORT POTENTIALIndia+ $4.96M

Other Pure Vegetable Oils’s highest export potential is United States. With an export gap of $1.13M.   Other Pure Vegetable Oils’s highest import potential is India with an import gap of $4.96M.

See methodology.

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