Overview In February 2023 Australia exported AUD40.9B and imported AUD27.8B, resulting in a positive trade balance of AUD13.1B. Between February 2022 and February 2023 the exports of Australia have increased by AUD3.04B (8.03%) from AUD37.8B to AUD40.9B, while imports decreased by AUD-1.53B (-5.2%) from AUD29.3B to AUD27.8B.
Trade In February 2023, the top exports of Australia were Metalliferous ores and metal scrap (AUD38.5B), Crude fertilizers and crude minerals (AUD28.7B), Coal,coke and briquettes (AUD25.5B), Gas,natural and manufactured (AUD14.2B), and Vegetables and fruit (AUD13.3B). In February 2023 the top imports of Australia were Electric machinery,n.e.s.and parts (AUD37B), Medicinal and pharmaceutical products (AUD36B), General industrial machinery n.e.s. (AUD30.1B), Machinery for specialized industries (AUD23.8B), and Telecommunications and sound recording equipm (AUD20.2B).
Origins In February 2023 the exports of Australia were mainly from Western Australia (AUD20.5B), Queensland (AUD8.37B), New South Wales (AUD7.84B), Victoria (AUD2.65B), and South Australia (AUD1.62B), while imports destinations were mainly New South Wales (AUS11.7B), Victoria (AUS7.84B), Queensland (AUS5.19B), Western Australia (AUS3.85B), and South Australia (AUS1.05B).
Destinations In February 2023, Australia exported mostly to chn (AUD15.1B), jpn (AUD8.31B), kor (AUD3.18B), twn (AUD2.11B), and usa (AUD1.37B), and imported mostly from China (AUD7.32B), United States (AUD3.48B), South Korea (AUD1.97B), Japan (AUD1.81B), and Singapore (AUD1.58B).