2022
Exports
$14.9BWorld Rnk 27 / 226
Flag Rnk 6 / 21
2022
PRODUCT COMPLEXITY IN Chemical Products
2.43Rnk 1 / 1025
2022
Imports
$29BWorld Rnk 21 / 226
Flag Rnk 4 / 21
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $14.9B in Chemical Products, making it the 27th largest exporter of Chemical Products in the world. At the same year, Chemical Products was the 6th most exported product in Australia. The main destination of Chemical Products exports from Australia are: United States ($1.69B), China ($1.49B), New Zealand ($1.22B), Bahrain ($1.14B), and United Arab Emirates ($909M).

The fastest growing export markets for Chemical Products of Australia between 2021 and 2022 were China ($663M), United Arab Emirates ($594M), and Mozambique ($403M).

Imports In 2022, Australia imported $29B in Chemical Products, becoming the 21st largest importer of Chemical Products in the world. At the same year, Chemical Products was the 4th most imported product in Australia. Australia imports Chemical Products primarily from: China ($4.94B), United States ($4.48B), Germany ($2.72B), Ireland ($1.29B), and Switzerland ($1.09B).

The fastest growing import markets in Chemical Products for Australia between 2021 and 2022 were China ($1.12B), United States ($636M), and Ireland ($453M).

COMPANIES In 2023, leading companies such as JBS Foods (14), Lawrence Wholesale (5), and BOEING (3) were at the forefront of shipping Chemical Products from Australia to the United States.

Latest Trends

Nov 2024

Subnational Monthly Trade

View
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 Chemical Products. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$14.9B
IMPORTS (2022)$29B
NET TRADE (2022)-$14.1B

In 2022, Australia exported $14.9B in Chemical Products. The main destinations of Australia exports on Chemical Products were United States ($1.69B), China ($1.49B), New Zealand ($1.22B), Bahrain ($1.14B), and United Arab Emirates ($909M).

In 2022, Australia imported $29B in Chemical Products, mainly from China ($4.94B), United States ($4.48B), Germany ($2.72B), Ireland ($1.29B), and Switzerland ($1.09B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical Products EXPORT MARKETS FOR Australia WERE (2021 - 2022):
China$663M (80.1%)
Mozambique$403M (904%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Products BY Australia WERE (2021 - 2022):
Russia-$533M (-81.6%)
Singapore-$46.7M (-27.5%)
Hong Kong-$33.7M (-18.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Australia's main exporting competitors in Chemical Products were:
In 2022, Australia's main importing competitors in Chemical Products were:

Explore Visualizations

Trade Value of Chemical Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $383M
TOP IMPORT POTENTIALIndia+ $500M

Chemical Products’s highest export potential is United States. With an export gap of $383M.   Chemical Products’s highest import potential is India with an import gap of $500M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

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