2022
Exports
$171MWorld Rnk 44 / 223
Flag Rnk 116 / 1208
2022
PRODUCT COMPLEXITY IN Electrical Transformers
0.65Rnk 294 / 1025
2022
Imports
$1.58BWorld Rnk 25 / 225
Flag Rnk 29 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $171M in Electrical Transformers, making it the 44th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 116th most exported product in Australia. The main destination of Electrical Transformers exports from Australia are: New Zealand ($34M), United States ($28.4M), Netherlands ($15.4M), United Kingdom ($13M), and Papua New Guinea ($6.08M).

The fastest growing export markets for Electrical Transformers of Australia between 2021 and 2022 were United Kingdom ($5.01M), Papua New Guinea ($2.67M), and Chinese Taipei ($2.63M).

Imports In 2022, Australia imported $1.58B in Electrical Transformers, becoming the 25th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 29th most imported product in Australia. Australia imports Electrical Transformers primarily from: China ($757M), United States ($94.6M), Italy ($87.8M), Vietnam ($70.6M), and Austria ($70.4M).

The fastest growing import markets in Electrical Transformers for Australia between 2021 and 2022 were China ($112M), Vietnam ($41M), and Italy ($36.6M).

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 Electrical Transformers. 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)$171M
IMPORTS (2022)$1.58B
NET TRADE (2022)-$1.41B

In 2022, Australia exported $171M in Electrical Transformers. The main destinations of Australia exports on Electrical Transformers were New Zealand ($34M), United States ($28.4M), Netherlands ($15.4M), United Kingdom ($13M), and Papua New Guinea ($6.08M).

In 2022, Australia imported $1.58B in Electrical Transformers, mainly from China ($757M), United States ($94.6M), Italy ($87.8M), Vietnam ($70.6M), and Austria ($70.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR Australia WERE (2021 - 2022):
United Kingdom$5.01M (62.7%)
Papua New Guinea$2.67M (78.4%)
Chinese Taipei$2.63M (1.13k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY Australia WERE (2021 - 2022):
Germany-$32.8M (-88.8%)
Indonesia-$4.99M (-64.5%)
Netherlands-$3.01M (-16.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Electrical Transformers were:
In 2022, Australia's main importing competitors in Electrical Transformers were:

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Trade Value of Electrical Transformers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $21.9M
TOP IMPORT POTENTIALChina+ $113M

Electrical Transformers’s highest export potential is United States. With an export gap of $21.9M.   Electrical Transformers’s highest import potential is China with an import gap of $113M.

See methodology.

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