2023
Exports
$1.21BWorld Rnk 56 / 226
Flag Rnk 14 / 21
2023
PRODUCT COMPLEXITY IN Plastics and Rubbers
1.66Rnk 27 / 1025
2023
Imports
$11.2BWorld Rnk 24 / 226
Flag Rnk 6 / 21
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $1.21B in Plastics and Rubbers, making it the 56th largest exporter of Plastics and Rubbers in the world. At the same year, Plastics and Rubbers was the 14th most exported product in Australia. The main destination of Plastics and Rubbers exports from Australia are: New Zealand ($252M), United States ($165M), China ($82.5M), Papua New Guinea ($70.8M), and Indonesia ($63.9M).

The fastest growing export markets for Plastics and Rubbers of Australia between 2022 and 2023 were Papua New Guinea ($12.3M), France ($7.59M), and Mexico ($5.47M).

Imports In 2023, Australia imported $11.2B in Plastics and Rubbers, becoming the 24th largest importer of Plastics and Rubbers in the world. At the same year, Plastics and Rubbers was the 6th most imported product in Australia. Australia imports Plastics and Rubbers primarily from: China ($3.9B), United States ($1.45B), Thailand ($825M), Japan ($791M), and Germany ($519M).

The fastest growing import markets in Plastics and Rubbers for Australia between 2022 and 2023 were Ireland ($17M), Israel ($12.6M), and South Africa ($2.86M).

COMPANIES In 2023, leading companies such as Toyota (15), John Deere (4), and Goodyear Tire and Rubber (2) were at the forefront of shipping Plastics and Rubbers from Australia to the United States.

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 Plastics and Rubbers. 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)$1.21B
IMPORTS (2023)$11.2B
NET TRADE (2023)-$9.98B

In 2023, Australia exported $1.21B in Plastics and Rubbers. The main destinations of Australia exports on Plastics and Rubbers were New Zealand ($252M), United States ($165M), China ($82.5M), Papua New Guinea ($70.8M), and Indonesia ($63.9M).

In 2023, Australia imported $11.2B in Plastics and Rubbers, mainly from China ($3.9B), United States ($1.45B), Thailand ($825M), Japan ($791M), and Germany ($519M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Plastics and Rubbers EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Papua New Guinea$12.3M (21%)
France$7.59M (96.8%)
Mexico$5.47M (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics and Rubbers BY Australia WERE (2022 - 2023):
New Zealand-$191M (-43.1%)
China-$29.5M (-26.4%)
Vietnam-$19.2M (-50%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Plastics and Rubbers were:
In 2023, Australia's main importing competitors in Plastics and Rubbers were:

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Trade Value of Plastics and Rubbers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $102M
TOP IMPORT POTENTIALGermany+ $179M

Plastics and Rubbers’s highest export potential is United States. With an export gap of $102M.   Plastics and Rubbers’s highest import potential is Germany with an import gap of $179M.

See methodology.

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