2022
Exports
$1.03BWorld Rnk 7 / 183
Flag Rnk 30 / 1208
2022
PRODUCT COMPLEXITY IN Therapeutic Appliances
0.48Rnk 372 / 1025
2022
Imports
$569MWorld Rnk 9 / 221
Flag Rnk 99 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $1.03B in Therapeutic Appliances, making it the 7th largest exporter of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 30th most exported product in Australia. The main destination of Therapeutic Appliances exports from Australia are: United States ($461M), Netherlands ($202M), Japan ($92M), Canada ($55.9M), and China ($47M).

The fastest growing export markets for Therapeutic Appliances of Australia between 2021 and 2022 were United States ($143M), Netherlands ($29.7M), and China ($14.6M).

Imports In 2022, Australia imported $569M in Therapeutic Appliances, becoming the 9th largest importer of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 99th most imported product in Australia. Australia imports Therapeutic Appliances primarily from: China ($260M), Malaysia ($96.8M), United States ($63M), Singapore ($43.6M), and New Zealand ($28M).

The fastest growing import markets in Therapeutic Appliances for Australia between 2021 and 2022 were China ($44.8M), Malaysia ($43M), and United States ($7.41M).

Latest Trends

May 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 Therapeutic Appliances. 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)$1.03B
IMPORTS (2022)$569M
NET TRADE (2022)$464M

In 2022, Australia exported $1.03B in Therapeutic Appliances. The main destinations of Australia exports on Therapeutic Appliances were United States ($461M), Netherlands ($202M), Japan ($92M), Canada ($55.9M), and China ($47M).

In 2022, Australia imported $569M in Therapeutic Appliances, mainly from China ($260M), Malaysia ($96.8M), United States ($63M), Singapore ($43.6M), and New Zealand ($28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Therapeutic Appliances EXPORT MARKETS FOR Australia WERE (2021 - 2022):
United States$143M (44.9%)
Netherlands$29.7M (17.3%)
China$14.6M (45.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Therapeutic Appliances BY Australia WERE (2021 - 2022):
Japan-$15.8M (-14.6%)
India-$8.07M (-31.5%)
Finland-$4.02M (-42.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Therapeutic Appliances were:
In 2022, Australia's main importing competitors in Therapeutic Appliances were:

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Trade Value of Therapeutic Appliances by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $9.73M
TOP IMPORT POTENTIALMexico+ $6.45M

Therapeutic Appliances’s highest export potential is India. With an export gap of $9.73M.   Therapeutic Appliances’s highest import potential is Mexico with an import gap of $6.45M.

See methodology.

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