Overview In January 2023 Australia exported AUD44.2B and imported AUD32.7B, resulting in a positive trade balance of AUD11.5B. Between January 2022 and January 2023 the exports of Australia have increased by AUD4.64B (11.7%) from AUD39.5B to AUD44.2B, while imports increased by AUD5.91B (22.1%) from AUD26.8B to AUD32.7B.
Trade In January 2023, the top exports of Australia were Crude fertilizers and crude minerals (AUD63.6B), Metalliferous ores and metal scrap (AUD41.5B), Coal,coke and briquettes (AUD28.8B), Gas,natural and manufactured (AUD16.5B), and Medicinal and pharmaceutical products (AUD12.1B). In January 2023 the top imports of Australia were Electric machinery,n.e.s.and parts (AUD40.6B), General industrial machinery n.e.s. (AUD36.7B), Medicinal and pharmaceutical products (AUD36.6B), Telecommunications and sound recording equipm (AUD30.7B), and Machinery for specialized industries (AUD28.3B).
Origins In January 2023 the exports of Australia were mainly from Western Australia (AUD24.6B), Queensland (AUD8.82B), New South Wales (AUD7.37B), Victoria (AUD2.32B), and South Australia (AUD1.32B), while imports destinations were mainly New South Wales (AUS13.9B), Victoria (AUS9.77B), Queensland (AUS5.74B), Western Australia (AUS4.14B), and South Australia (AUS1.05B).
Destinations In January 2023, Australia exported mostly to chn (AUD16.5B), jpn (AUD9.35B), kor (AUD4.22B), twn (AUD2.23B), and ind (AUD1.67B), and imported mostly from China (AUD10B), United States (AUD3.89B), Japan (AUD2.02B), South Korea (AUD2B), and Thailand (AUD1.46B).