2022
Exports
$502kWorld Rnk 56 / 106
Flag Rnk 985 / 1208
2022
PRODUCT COMPLEXITY IN Phosphoric Acid
-0.58Rnk 718 / 1025
2022
Imports
$26.2MWorld Rnk 31 / 191
Flag Rnk 628 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $502k in Phosphoric Acid, making it the 56th largest exporter of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 985th most exported product in Australia. The main destination of Phosphoric Acid exports from Australia are: Germany ($157k), New Zealand ($120k), Fiji ($57k), Papua New Guinea ($47k), and Canada ($28.7k).

The fastest growing export markets for Phosphoric Acid of Australia between 2021 and 2022 were Germany ($157k), Fiji ($34.5k), and Timor-Leste ($13.3k).

Imports In 2022, Australia imported $26.2M in Phosphoric Acid, becoming the 31st largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 628th most imported product in Australia. Australia imports Phosphoric Acid primarily from: China ($23.3M), Chinese Taipei ($976k), Israel ($676k), Singapore ($382k), and United States ($313k).

The fastest growing import markets in Phosphoric Acid for Australia between 2021 and 2022 were China ($5.82M), Chinese Taipei ($594k), and Singapore ($380k).

Latest Trends

Jul 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 Phosphoric Acid. 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)$502k
IMPORTS (2022)$26.2M
NET TRADE (2022)-$25.7M

In 2022, Australia exported $502k in Phosphoric Acid. The main destinations of Australia exports on Phosphoric Acid were Germany ($157k), New Zealand ($120k), Fiji ($57k), Papua New Guinea ($47k), and Canada ($28.7k).

In 2022, Australia imported $26.2M in Phosphoric Acid, mainly from China ($23.3M), Chinese Taipei ($976k), Israel ($676k), Singapore ($382k), and United States ($313k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Phosphoric Acid EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Germany$157k (1%)
Fiji$34.5k (153%)
Timor-Leste$13.3k (4.54k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphoric Acid BY Australia WERE (2021 - 2022):
Papua New Guinea-$24.7k (-34.4%)
China-$14.4k (-100%)
Guatemala-$13.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Phosphoric Acid were:
In 2022, Australia's main importing competitors in Phosphoric Acid were:

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Trade Value of Phosphoric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $46.9k
TOP IMPORT POTENTIALIsrael+ $522k

Phosphoric Acid’s highest export potential is Germany. With an export gap of $46.9k.   Phosphoric Acid’s highest import potential is Israel with an import gap of $522k.

See methodology.

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