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2022
Exports $12.5MWorld Rnk 19 / 161
Flag Rnk 444 / 1208
2022
Destination $5.94M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $5.94MHong Kong
2022
PRODUCT COMPLEXITY IN Pearl Products-0.51Rnk 707 / 1025
2022
Imports $39.1MWorld Rnk 14 / 200
Flag Rnk 554 / 1206
2022
Origin $4.3M China
2021 - 2022
FASTEST GROWING ORIGIN $4.3MHong Kong
2022
ECONOMIC COMPLEXITY of Australia-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $12.5M in Pearl Products, making it the 19th largest exporter of Pearl Products in the world. At the same year, Pearl Products was the 444th most exported product in Australia. The main destination of Pearl Products exports from Australia are: Hong Kong ($6.65M), United States ($1.81M), Australia ($1.18M), Macau ($876k), and United Kingdom ($526k).

The fastest growing export markets for Pearl Products of Australia between 2021 and 2022 were Hong Kong ($5.94M), Australia ($1.09M), and United States ($765k).

Imports In 2022, Australia imported $39.1M in Pearl Products, becoming the 14th largest importer of Pearl Products in the world. At the same year, Pearl Products was the 554th most imported product in Australia. Australia imports Pearl Products primarily from: China ($10.3M), United States ($7.99M), Hong Kong ($4.79M), Thailand ($4.48M), and Vietnam ($1.8M).

The fastest growing import markets in Pearl Products for Australia between 2021 and 2022 were Hong Kong ($4.3M), China ($3.75M), and Australia ($1.09M).

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 Pearl Products. 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)$12.5M
IMPORTS (2022)$39.1M
NET TRADE (2022)-$26.6M

In 2022, Australia exported $12.5M in Pearl Products. The main destinations of Australia exports on Pearl Products were Hong Kong ($6.65M), United States ($1.81M), Australia ($1.18M), Macau ($876k), and United Kingdom ($526k).

In 2022, Australia imported $39.1M in Pearl Products, mainly from China ($10.3M), United States ($7.99M), Hong Kong ($4.79M), Thailand ($4.48M), and Vietnam ($1.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pearl Products EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Hong Kong$5.94M (836%)
Australia$1.09M (1.2k%)
United States$765k (73%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pearl Products BY Australia WERE (2021 - 2022):
Norway-$34.1k (-92.1%)
Chinese Taipei-$19.2k (-29.8%)
Azerbaijan-$13.9k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Pearl Products were:
China $424M
United States $313M
Thailand $162M
In 2022, Australia's main importing competitors in Pearl Products were:
United States $358M
Hong Kong $187M
China $141M

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Trade Value of Pearl Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $631k
TOP IMPORT POTENTIALChina+ $648k

Pearl Products’s highest export potential is United States. With an export gap of $631k.   Pearl Products’s highest import potential is China with an import gap of $648k.

See methodology.

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