Waxes in Australia

EXPORTS (2018): $5.13M, World Rnk 38 / 113
Flag Rnk 598 / 1197

TOP DESTINATION (2018): $1.61M, New Zealand

FASTEST GROWING MARKET (2017 - 2018): $548k, New Zealand

IMPORTS (2018): $18.7M, World Rnk 31 / 188
Flag Rnk 643 / 1204

TOP ORIGIN (2018): $5.65M, United States

ECONOMIC COMPLEXITY of Australia (2018): -0.093, Rnk 73 / 137

PRODUCT COMPLEXITY  IN Waxes (2018): 0.6, Rnk 333 / 1018

Exports: In 2018, Australia exported $5.13M in Waxes, making it the 38th largest exporter of Waxes in the world. At the same year, Waxes was the 598th most exported product in Australia. The main destination of Waxes exports from Australia are: New Zealand ($1.61M), United States ($704k), United Kingdom ($493k), Singapore ($276k), and Ireland ($241k).

The fastest growing export markets for Waxes of Australia between 2017 and 2018 were New Zealand ($548k), United States ($395k), and United Kingdom ($294k).

Imports: In 2018, Australia imported $18.7M in Waxes, becoming the 31st largest importer of Waxes in the world. At the same year, Waxes was the 643rd most imported product in Australia. Australia imports Waxes primarily from: United States ($5.65M), China ($3.13M), Germany ($1.78M), Singapore ($1.09M), and Thailand ($980k).

Tariffs: In 2018, the average tariff for Australia in Waxes was 1.71%. The countries with the highest import tariffs for Waxes were Cote d'Ivoire (2.5%), Cameroon (2.5%), Republic of the Congo (2.5%), Algeria (2.5%), and Egypt (2.5%).

Value

EXPORTS (2018): $5.13M

IMPORTS (2018): $18.7M

NET TRADE (2018): -$13.6M

In 2018, Australia exported $5.13M in Waxes. The main destinations of Australia exports on Waxes were New Zealand ($1.61M), United States ($704k), United Kingdom ($493k), Singapore ($276k), and Ireland ($241k).

In 2018, Australia imported $18.7M in Waxes, mainly from United States ($5.65M), China ($3.13M), Germany ($1.78M), Singapore ($1.09M), and Thailand ($980k).

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IN 2018, Australia HAD A POSITIVE NET TRADE IN Waxes WITH:

IN 2018, Australia HAD A NEGATIVE NET TRADE IN Waxes WITH:

Flow

THE FASTEST GROWING Waxes EXPORT MARKETS FOR Australia WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Waxes BY Australia WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Australia's main exporting competitors in Waxes were:

In 2018, Australia's main importing competitors in Waxes were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Waxes in Australia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Australia in Waxes was 1.71%.

The countries with the highest tariffs for Waxes in Australia were Cote d'Ivoire (2.5%), Cameroon (2.5%), Republic of the Congo (2.5%), Algeria (2.5%), and Egypt (2.5%).

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