2022
Exports
$1.28BWorld Rnk 20 / 208
Flag Rnk 26 / 1208
2022
PRODUCT COMPLEXITY IN Vaccines, blood, antisera, toxins and cultures
1.38Rnk 75 / 1025
2022
Imports
$5.46BWorld Rnk 13 / 225
Flag Rnk 8 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $1.28B in Vaccines, blood, antisera, toxins and cultures, making it the 20th largest exporter of Vaccines, blood, antisera, toxins and cultures in the world. At the same year, Vaccines, blood, antisera, toxins and cultures was the 26th most exported product in Australia. The main destination of Vaccines, blood, antisera, toxins and cultures exports from Australia are: United States ($830M), New Zealand ($72.5M), Germany ($67.5M), China ($43.6M), and Vietnam ($31.5M).

The fastest growing export markets for Vaccines, blood, antisera, toxins and cultures of Australia between 2021 and 2022 were United States ($139M), New Zealand ($32.8M), and Chinese Taipei ($22.5M).

Imports In 2022, Australia imported $5.46B in Vaccines, blood, antisera, toxins and cultures, becoming the 13th largest importer of Vaccines, blood, antisera, toxins and cultures in the world. At the same year, Vaccines, blood, antisera, toxins and cultures was the 8th most imported product in Australia. Australia imports Vaccines, blood, antisera, toxins and cultures primarily from: Germany ($1.17B), United States ($1.11B), Belgium ($548M), Switzerland ($534M), and South Korea ($472M).

The fastest growing import markets in Vaccines, blood, antisera, toxins and cultures for Australia between 2021 and 2022 were Germany ($383M), South Korea ($325M), and United States ($223M).

Latest Trends

Aug 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 Vaccines, blood, antisera, toxins and cultures. 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)$1.28B
IMPORTS (2022)$5.46B
NET TRADE (2022)-$4.18B

In 2022, Australia exported $1.28B in Vaccines, blood, antisera, toxins and cultures. The main destinations of Australia exports on Vaccines, blood, antisera, toxins and cultures were United States ($830M), New Zealand ($72.5M), Germany ($67.5M), China ($43.6M), and Vietnam ($31.5M).

In 2022, Australia imported $5.46B in Vaccines, blood, antisera, toxins and cultures, mainly from Germany ($1.17B), United States ($1.11B), Belgium ($548M), Switzerland ($534M), and South Korea ($472M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vaccines, blood, antisera, toxins and cultures EXPORT MARKETS FOR Australia WERE (2021 - 2022):
United States$139M (20.1%)
New Zealand$32.8M (82.5%)
Chinese Taipei$22.5M (251%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vaccines, blood, antisera, toxins and cultures BY Australia WERE (2021 - 2022):
Croatia-$31.2M (-100%)
Indonesia-$16.8M (-77.5%)
Germany-$13.2M (-16.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Vaccines, blood, antisera, toxins and cultures were:
In 2022, Australia's main importing competitors in Vaccines, blood, antisera, toxins and cultures were:

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Trade Value of Vaccines, blood, antisera, toxins and cultures by Exporters

Potential Exports

Potential Exports

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View
TOP EXPORT POTENTIALUnited States+ $81M
TOP IMPORT POTENTIALIreland+ $92.3M

Vaccines, blood, antisera, toxins and cultures’s highest export potential is United States. With an export gap of $81M.   Vaccines, blood, antisera, toxins and cultures’s highest import potential is Ireland with an import gap of $92.3M.

See methodology.

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