2023
Exports
$157MWorld Rnk 43 / 199
Flag Rnk 118 / 1208
2023
PRODUCT COMPLEXITY IN Gas Turbines
0.7Rnk 283 / 1025
2023
Imports
$1.29BWorld Rnk 29 / 210
Flag Rnk 37 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $157M in Gas Turbines, making it the 43rd largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 118th most exported product in Australia. The main destination of Gas Turbines exports from Australia are: Netherlands ($41M), United States ($22M), Singapore ($18.9M), Hong Kong ($11.7M), and Switzerland ($7.99M).

The fastest growing export markets for Gas Turbines of Australia between 2022 and 2023 were Netherlands ($11.9M), Switzerland ($7.75M), and Singapore ($6.05M).

Imports In 2023, Australia imported $1.29B in Gas Turbines, becoming the 29th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 37th most imported product in Australia. Australia imports Gas Turbines primarily from: United States ($740M), United Kingdom ($86.7M), Canada ($78.9M), Italy ($67.7M), and France ($49.9M).

The fastest growing import markets in Gas Turbines for Australia between 2022 and 2023 were United States ($289M), Germany ($28.8M), and United Kingdom ($27.9M).

COMPANIES In 2024, leading companies such as BOEING (2) were at the forefront of shipping Gas Turbines from Australia to the United States.

Latest Trends

Jan 2025

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 Gas Turbines. 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)$157M
IMPORTS (2023)$1.29B
NET TRADE (2023)-$1.13B

In 2023, Australia exported $157M in Gas Turbines. The main destinations of Australia exports on Gas Turbines were Netherlands ($41M), United States ($22M), Singapore ($18.9M), Hong Kong ($11.7M), and Switzerland ($7.99M).

In 2023, Australia imported $1.29B in Gas Turbines, mainly from United States ($740M), United Kingdom ($86.7M), Canada ($78.9M), Italy ($67.7M), and France ($49.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Netherlands$11.9M (40.7%)
Switzerland$7.75M (3.3k%)
Singapore$6.05M (47%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Australia WERE (2022 - 2023):
Hong Kong-$5.42M (-31.6%)
Canada-$5.01M (-70%)
Indonesia-$3.43M (-53%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Gas Turbines were:
In 2023, Australia's main importing competitors in Gas Turbines were:

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $24.7M
TOP IMPORT POTENTIALUnited Kingdom+ $30.8M

Gas Turbines’s highest export potential is United States. With an export gap of $24.7M.   Gas Turbines’s highest import potential is United Kingdom with an import gap of $30.8M.

See methodology.

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