Overview In 2022, Australia was the number 12 economy in the world in terms of GDP (current US$), the number 16 in total exports, the number 24 in total imports, the number 11 economy in terms of GDP per capita (current US$) and the number 78 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Australia are Coal Briquettes ($109B), Iron Ore ($87.9B), Petroleum Gas ($67.3B), Gold ($17.8B), and Wheat ($10.2B), exporting mostly to China ($123B), Japan ($80.1B), South Korea ($41B), India ($31.5B), and Chinese Taipei ($24.1B).
In 2022, Australia was the world's biggest exporter of Coal Briquettes ($109B), Iron Ore ($87.9B), Wheat ($10.2B), Other Mineral ($8.27B), and Aluminium Oxide ($6.29B)
Imports The top imports of Australia are Refined Petroleum ($37.7B), Cars ($20.8B), Delivery Trucks ($8.59B), Broadcasting Equipment ($7.46B), and Computers ($7.03B), importing mostly from China ($81.2B), United States ($29.7B), South Korea ($18.7B), Japan ($16.7B), and Singapore ($14.7B).
In 2022, Australia was the world's biggest importer of Sodium or Potassium Peroxides ($1.39B)
Location Australia borders Timor-Leste, Indonesia, New Zealand, Papua New Guinea, Solomon Islands, and New Caledonia by sea.