Sign In
Pricing

2022
Flag → Flag
Exports $2.32BRnk 21 / 213
2022
Flag → Flag
Top Product $367MRaw Lead
2022
Flag → Flag
Exports $5.41BRnk 22 / 224
2022
Flag → Flag
Top Product $477MCars
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 78 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Australia-United Kingdom Trade: In 2022, Australia exported $2.32B to United Kingdom. The main products that Australia exported to United Kingdom were Raw Lead ($367M), Wine ($324M), and Coal Briquettes ($250M). Over the past 5 years the exports of Australia to United Kingdom have decreased at an annualized rate of 14%, from $4.93B in 2017 to $2.32B in 2022.

In 2009, Australia exported services to United Kingdom worth $3.14B, with Travel ($1.95B), Other business services ($481M), and Transportation ($441M) being the largest in terms of value.

United Kingdom-Australia Trade: In 2022, United Kingdom exported $5.41B to Australia. The main products that United Kingdom exported to Australia were Cars ($477M), Packaged Medicaments ($365M), and Hard Liquor ($268M). Over the past 5 years the exports of United Kingdom to Australia have decreased at an annualized rate of 0.16%,  from $5.46B in 2017 to $5.41B in 2022.

In 2019, United Kingdom exported services to Australia worth $6.95B, with Travel ($2.11B), Other business services ($1.73B), and Transportation ($1.72B) being the largest in terms of value.

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $2.32B to United Kingdom. The main products exported from Australia to United Kingdom were Raw Lead ($367M), Wine ($324M), and Coal Briquettes ($250M). During the last 5 years the exports of Australia to United Kingdom have decreased at an annualized rate of 14%, from $4.93B in 2017 to $2.32B in 2022.

In 2017, United Kingdom exported $5.41B to Australia. The main products exported from United Kingdom to Australia were Cars ($477M), Packaged Medicaments ($365M), and Hard Liquor ($268M). During the last 5 years the exports of United Kingdom to Australia have decreased at an annualized rate of 0.16%, from $5.46B in 2022 to $5.41B in 2017.

Exports from Australia (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Australia (Flag) (2022)

Latest Data

Trade between Australia (Flag) and United Kingdom (Flag)

Australia Exports

United Kingdom Exports

Market Competitiveness

Color
Australia
Top DestinationChina$123B
United Kingdom
Top DestinationUnited States$61.8B

This map shows whether countries import more from Australia or United Kingdom. Each country is colored based on the difference in imports they receive from Australia and United Kingdom or the difference in the growth in imports.

In 2022, countries that imported more from Australia than United Kingdom included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from United Kingdom than Australia included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - United Kingdom

Flow
Scale

This chart compares trade between Australia and United Kingdom by product, considering products traded by both, Australia and United Kingdom.

During 2022, Australia had a large net trade with United Kingdom in the exports of Metals ($507M), Foodstuffs ($352M), and Mineral Products ($348M).

During 2017, United Kingdom had a large net trade with Australia in the exports of Machines ($1.35B), Transportation ($874M), and Chemical Products ($863M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Australia United Kingdom+$89.1MCoal Briquettes
Top Product Potential United Kingdom Australia+$165MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2009, Australia exported services to United Kingdom worth $3.14B, with Travel ($1.95B), Other business services ($481M), and Transportation ($441M) being the largest in terms of value.

In 2019, United Kingdom exported services to Australia worth $6.95B, with Travel ($2.11B), Other business services ($1.73B), and Transportation ($1.72B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Australia (Flag) to United Kingdom (Flag) (2009)

Services Exports from United Kingdom (Flag) to Australia (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Australia and United Kingdom. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over United Kingdom. Similarly, a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Australia.

Product Space of Australia (Flag) and United Kingdom (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms