Overview: In 2018 Australia was the number 13 economy in the world in terms of GDP (current US$), the number 24 in total exports, the number 24 in total imports,
the number 12 economy in terms of GDP per capita (current US$) and the number 73 most complex economy according to the Economic Complexity Index (ECI)
Exports: The top exports of Australia are Coal Briquettes ($57.2B), Iron Ore ($48.1B), Petroleum Gas ($17.6B), Gold ($16.1B), and Aluminium Oxide ($6.66B), exporting mostly to China ($87.9B), Japan ($27.6B), South Korea ($19.2B), India ($18.9B), and United States ($9.71B).
In 2018, Australia was the world's biggest exporter of Coal Briquettes ($57.2B), Iron Ore ($48.1B), Aluminium Oxide ($6.66B), Wool ($2.99B), and Sheep and Goat Meat ($2.83B)
Imports: The top imports of Australia are Refined Petroleum ($18.5B), Cars ($18.1B), Crude Petroleum ($9.25B), Delivery Trucks ($7.29B), and Broadcasting Equipment ($6.51B), importing mostly from China ($52.7B), United States ($22.2B), Japan ($16.6B), Germany ($11.9B), and Thailand ($11.1B).
In 2018, Australia was the world's biggest importer of Sodium or Potassium Peroxides ($1.07B), Rubber Stamps ($75.3M)
Location: Australia borders Timor-Leste, Indonesia, New Zealand, Papua New Guinea, Solomon Islands, and New Caledonia by sea.