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AUSOverview In 2023, Australia was the number 13 economy in the world in terms of GDP (current US$), the number 20 in total exports, the number 22 in total imports, the number 16 economy in terms of GDP per capita (current US$) and the number 75 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Australia are Iron Ore ($85.4B), Coal Briquettes ($71.7B), Petroleum Gas ($47.8B), Gold ($29B), and Other Mineral ($12.1B), exporting mostly to China ($137B), Japan ($59B), South Korea ($20.9B), India ($19.9B), and Chinese Taipei ($17.4B).
In 2023, Australia was the world's biggest exporter of Iron Ore ($85.4B), Coal Briquettes ($71.7B), Other Mineral ($12.1B), Aluminium Oxide ($5.29B), and Sheep and Goat Meat ($3.26B)
Imports The top imports of Australia are Refined Petroleum ($35.3B), Cars ($24.8B), Delivery Trucks ($11.3B), Broadcasting Equipment ($8.58B), and Computers ($6.38B), importing mostly from China ($72.3B), United States ($31.9B), South Korea ($18.1B), Japan ($17.7B), and Thailand ($13.5B).
In 2023, Australia was the world's biggest importer of Sodium or Potassium Peroxides ($1.14B)
Location Australia borders Timor-Leste, Indonesia, New Zealand, Papua New Guinea, Solomon Islands, and New Caledonia by sea.
