Overview In May 2023 Australia exported AUD43.7B and imported AUD34.1B, resulting in a positive trade balance of AUD9.55B. Between May 2022 and May 2023 the exports of Australia have decreased by AUD-5.21B (-10.7%) from AUD48.9B to AUD43.7B, while imports increased by AUD1.66B (5.12%) from AUD32.4B to AUD34.1B.
Trade In May 2023, the top exports of Australia were Crude fertilizers and crude minerals (AUD53.8B), Metalliferous ores and metal scrap (AUD41.7B), Coal,coke and briquettes (AUD25B), Vegetables and fruit (AUD17.1B), and Meat and meat preparations (AUD14.9B). In May 2023 the top imports of Australia were Electric machinery,n.e.s.and parts (AUD46.4B), General industrial machinery n.e.s. (AUD39.7B), Medicinal and pharmaceutical products (AUD36.1B), Machinery for specialized industries (AUD31.1B), and Road vehicles (AUD23.8B).
Origins In May 2023 the exports of Australia were mainly from Western Australia (AUD22.5B), Queensland (AUD9.73B), New South Wales (AUD7.17B), Victoria (AUD2.94B), and South Australia (AUD1.64B), while imports destinations were mainly New South Wales (AUS14.2B), Victoria (AUS10.1B), Queensland (AUS6.42B), Western Australia (AUS4.41B), and South Australia (AUS1.32B).
Destinations In May 2023, Australia exported mostly to chn (AUD17.3B), jpn (AUD7.22B), kor (AUD2.79B), twn (AUD1.85B), and ind (AUD1.61B), and imported mostly from China (AUD8.94B), United States (AUD4.09B), South Korea (AUD2.3B), Japan (AUD2.17B), and Germany (AUD1.95B).