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2022
Exports $1.55BWorld Rnk 56 / 226
Flag Rnk 12 / 21
2022
Destination $158M New Zealand
2021 - 2022
FASTEST GROWING MARKET $158MNew Zealand
2022
PRODUCT COMPLEXITY IN Plastics and Rubbers1.72Rnk 19 / 1025
2022
Imports $14.4BWorld Rnk 20 / 226
Flag Rnk 6 / 21
2022
Origin $1.83BN/A
2021 - 2022
FASTEST GROWING ORIGIN $1.83BChina
2022
ECONOMIC COMPLEXITY of Australia-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $1.55B 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 12th most exported product in Australia. The main destination of Plastics and Rubbers exports from Australia are: New Zealand ($503M), United States ($175M), China ($117M), Indonesia ($66.4M), and Papua New Guinea ($58.5M).

The fastest growing export markets for Plastics and Rubbers of Australia between 2021 and 2022 were New Zealand ($158M), United States ($54.8M), and China ($25.7M).

Imports In 2022, Australia imported $14.4B in Plastics and Rubbers, becoming the 20th 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: N/A.

The fastest growing import markets in Plastics and Rubbers for Australia between 2021 and 2022 were China ($1.83B), United States ($529M), and United Kingdom ($102M).

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

Nov 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 (2022)$1.55B
IMPORTS (2022)$14.4B
NET TRADE (2022)-$12.9B

In 2022, Australia exported $1.55B in Plastics and Rubbers. The main destinations of Australia exports on Plastics and Rubbers were New Zealand ($503M), United States ($175M), China ($117M), Indonesia ($66.4M), and Papua New Guinea ($58.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastics and Rubbers EXPORT MARKETS FOR Australia WERE (2021 - 2022):
New Zealand$158M (45.7%)
United States$54.8M (45.7%)
China$25.7M (28.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics and Rubbers BY Australia WERE (2021 - 2022):
Indonesia-$18.6M (-21.8%)
Brazil-$14.8M (-48.6%)
Malaysia-$11.7M (-21.8%)
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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 Plastics and Rubbers were:
China $189B
United States $110B
Germany $104B
In 2022, Australia's main importing competitors in Plastics and Rubbers were:
United States $132B
China $90.7B
Germany $75.6B

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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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