NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $5.6BRnk 21 / 223
2023
Flag → Flag
Top Product $877MCars
2023
Flag → Flag
Exports $4.52BRnk 16 / 211
2023
Flag → Flag
Top Product $2.15BGold
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.28Rnk 75 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC$64,821CURRENT US$
Rnk 16 / 196
2013-2023
Flag
GDP PC GROWTH-4.94%CURRENT US$
Rnk 159 / 195

About

United Kingdom-Australia Trade: In 2023, United Kingdom exported $5.6B to Australia. The main products that United Kingdom exported to Australia were Cars ($877M), Packaged Medicaments ($318M), and Hard Liquor ($220M). Over the past 5 years the exports of United Kingdom to Australia have decreased at an annualized rate of 0.21%, from $5.66B in 2018 to $5.6B in 2023.

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.

Australia-United Kingdom Trade: In 2023, Australia exported $4.52B to United Kingdom. The main products that Australia exported to United Kingdom were Gold ($2.15B), Raw Lead ($357M), and Orthopedic Appliances ($340M). Over the past 5 years the exports of Australia to United Kingdom have increased at an annualized rate of 1.2%,  from $3.65B in 2018 to $4.52B in 2023.

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.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Latest Trends

N/A

About

Overview In N/A, United Kingdom exported £N/A and imported £N/A from Australia, resulting in a N/A trade balance of £N/A. Between N/A and N/A the exports of United Kingdom have N/A by £N/A (N/A) from £N/A to £N/A, while imports N/A by £N/A (N/A) from £N/A to £N/A.

Trade In N/A, the top exports of United Kingdom to Australia were Cars (£61.9M), Packaged Medicaments (£19.9M), Stone Processing Machines (£18.9M), Gas Turbines (£15.1M), and Delivery Trucks (£14.6M). In N/A the top imports of United Kingdom from Australia were Coal Briquettes (£20.4M), Orthopedic Appliances (£19.7M), Wine (£16.5M), Commodities not elsewhere specified (£14.1M), and Titanium Ore (£10.5M).

Origins In N/A the exports of United Kingdom were mainly from London Heathrow Airport (£79M), London Gateway (£75.3M), Southampton (£69.5M), East Midlands Airport (£21.5M), and Felixstowe (£14.6M), while imports destinations were mainly London Heathrow Airport (£471M), London (£37.7M), London Stansted Airport (£26.2M), and Felixstowe (£21.3M).

Growth In N/A, the N/A in United Kingdom's year-by-year exports to Australia was explained primarily by an decrease in product exports in Hormones (£-5.94M or -100%), Tractors (£-5.39M or -82.9%), and Other Heating Machinery (£-2.82M or -81.7%). In N/A, the N/A in United Kingdom's year-by-year imports  from Australia was explained primarily by an decrease in product imports  in Raw Lead (£-30.5M or -100%), Gas Turbines (£-4.65M or -77.6%), and Sheep and Goat Meat (£-4.01M or -49.2%).

Latest Trade

Time Scale
Flow
Value
Depth
MAIN EXPORTER (N/A)London Heathrow Airport£79M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Australia and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Australia and United Kingdom Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $5.6B to Australia. The main products exported from United Kingdom to Australia were Cars ($877M), Packaged Medicaments ($318M), and Hard Liquor ($220M). During the last 5 years the exports of United Kingdom to Australia have decreased at an annualized rate of 0.21%, from $5.66B in 2018 to $5.6B in 2023.

In 2018, Australia exported $4.52B to United Kingdom. The main products exported from Australia to United Kingdom were Gold ($2.15B), Raw Lead ($357M), and Orthopedic Appliances ($340M). During the last 5 years the exports of Australia to United Kingdom have increased at an annualized rate of 1.2%, from $3.65B in 2023 to $4.52B in 2018.

Exports from United Kingdom (Flag) to Australia (Flag) (2023)

Exports from Australia (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Australia
Top DestinationChina$137B

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

In 2023, countries that imported more from United Kingdom than Australia included United States ($59.7B), Germany ($34.6B), and Ireland ($29.1B).

In 2023, countries that imported more from Australia than United Kingdom included China ($137B), Japan ($59B), and Chinese Taipei ($17.4B).

Difference in imports from Australia (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Australia

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Australia in the exports of Machines ($1.5B), Transportation ($1.43B), and Chemical Products ($745M).

During 2018, Australia had a large net trade with United Kingdom in the exports of Precious Metals ($2.23B), Metals ($481M), and Instruments ($420M).

Potential Exports

Potential Exports

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

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

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Australia (Flag) (2023)

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