2022
Exports
$5.22MWorld Rnk 30 / 197
Flag Rnk 604 / 1208
2022
PRODUCT COMPLEXITY IN Drafting Tools
1.71Rnk 23 / 1025
2022
Imports
$44.9MWorld Rnk 17 / 220
Flag Rnk 524 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $5.22M in Drafting Tools, making it the 30th largest exporter of Drafting Tools in the world. At the same year, Drafting Tools was the 604th most exported product in Australia. The main destination of Drafting Tools exports from Australia are: United States ($1.2M), Japan ($656k), New Zealand ($491k), United Arab Emirates ($475k), and Papua New Guinea ($258k).

The fastest growing export markets for Drafting Tools of Australia between 2021 and 2022 were Japan ($416k), United Arab Emirates ($396k), and United States ($153k).

Imports In 2022, Australia imported $44.9M in Drafting Tools, becoming the 17th largest importer of Drafting Tools in the world. At the same year, Drafting Tools was the 524th most imported product in Australia. Australia imports Drafting Tools primarily from: China ($23.5M), Thailand ($8.06M), United States ($5.14M), United Kingdom ($1.42M), and Germany ($1.3M).

The fastest growing import markets in Drafting Tools for Australia between 2021 and 2022 were China ($5.62M), Thailand ($2.74M), and Botswana ($520k).

Latest Trends

Oct 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 Drafting Tools. 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 (2022)$5.22M
IMPORTS (2022)$44.9M
NET TRADE (2022)-$39.7M

In 2022, Australia exported $5.22M in Drafting Tools. The main destinations of Australia exports on Drafting Tools were United States ($1.2M), Japan ($656k), New Zealand ($491k), United Arab Emirates ($475k), and Papua New Guinea ($258k).

In 2022, Australia imported $44.9M in Drafting Tools, mainly from China ($23.5M), Thailand ($8.06M), United States ($5.14M), United Kingdom ($1.42M), and Germany ($1.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drafting Tools EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Japan$416k (173%)
United States$153k (14.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drafting Tools BY Australia WERE (2021 - 2022):
Vietnam-$1.32M (-97.9%)
New Zealand-$184k (-27.3%)
Denmark-$104k (-47.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Drafting Tools were:
In 2022, Australia's main importing competitors in Drafting Tools were:

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Trade Value of Drafting Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $495k
TOP IMPORT POTENTIALJapan+ $771k

Drafting Tools’s highest export potential is United States. With an export gap of $495k.   Drafting Tools’s highest import potential is Japan with an import gap of $771k.

See methodology.

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