Overview In 2021, Australia was the number 13 economy in the world in terms of GDP (current US$), the number 20 in total exports, the number 24 in total imports, the number 17 economy in terms of GDP per capita (current US$) and the number 82 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Australia are Iron Ore ($118B), Coal Briquettes ($54.3B), Petroleum Gas ($39.2B), Gold ($17.6B), and Wheat ($7.36B), exporting mostly to China ($138B), Japan ($47B), South Korea ($29.4B), India ($20.5B), and Chinese Taipei ($13.2B).
In 2021, Australia was the world's biggest exporter of Iron Ore ($118B), Coal Briquettes ($54.3B), Raw Nickel ($3.71B), Wool ($2.28B), and Zinc Ore ($2B)
Imports The top imports of Australia are Refined Petroleum ($19.6B), Cars ($18.8B), Delivery Trucks ($8.08B), Broadcasting Equipment ($6.68B), and Computers ($6.61B), importing mostly from China ($70B), United States ($25.7B), Japan ($15.3B), Thailand ($12.1B), and Germany ($11.6B).
In 2021, Australia was the world's biggest importer of Sodium or Potassium Peroxides ($673M) and Other Sea Vessels ($521M)
Location Australia borders Timor-Leste, Indonesia, New Zealand, Papua New Guinea, Solomon Islands, and New Caledonia by sea.