2023
Exports
$10.6MWorld Rnk 70 / 176
Flag Rnk 452 / 1208
2023
PRODUCT COMPLEXITY IN Aluminium Bars
-0.075Rnk 584 / 1025
2023
Imports
$316MWorld Rnk 16 / 217
Flag Rnk 153 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $10.6M in Aluminium Bars, making it the 70th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 452nd most exported product in Australia. The main destination of Aluminium Bars exports from Australia are: New Zealand ($5.21M), United States ($1.08M), United Kingdom ($502k), Malaysia ($441k), and Norway ($410k).

The fastest growing export markets for Aluminium Bars of Australia between 2022 and 2023 were Norway ($378k), China ($333k), and India ($241k).

Imports In 2023, Australia imported $316M in Aluminium Bars, becoming the 16th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 153rd most imported product in Australia. Australia imports Aluminium Bars primarily from: China ($188M), Indonesia ($42.2M), Malaysia ($25.9M), Thailand ($13.9M), and New Zealand ($11M).

The fastest growing import markets in Aluminium Bars for Australia between 2022 and 2023 were Thailand ($2.46M), Italy ($1.07M), and Sri Lanka ($905k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Aluminium Bars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$10.6M
IMPORTS (2023)$316M
NET TRADE (2023)-$305M

In 2023, Australia exported $10.6M in Aluminium Bars. The main destinations of Australia exports on Aluminium Bars were New Zealand ($5.21M), United States ($1.08M), United Kingdom ($502k), Malaysia ($441k), and Norway ($410k).

In 2023, Australia imported $316M in Aluminium Bars, mainly from China ($188M), Indonesia ($42.2M), Malaysia ($25.9M), Thailand ($13.9M), and New Zealand ($11M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Norway$378k (1.22k%)
China$333k (1.12k%)
India$241k (264%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Australia WERE (2022 - 2023):
New Zealand-$1.56M (-23%)
United Kingdom-$1.29M (-72%)
United States-$960k (-47%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Aluminium Bars were:
China $3.08B
Turkey $1.85B
In 2023, Australia's main importing competitors in Aluminium Bars were:

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.08M
TOP IMPORT POTENTIALUnited States+ $4.72M

Aluminium Bars’s highest export potential is United States. With an export gap of $2.08M.   Aluminium Bars’s highest import potential is United States with an import gap of $4.72M.

See methodology.

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