2022
Exports
$44.7MWorld Rnk 30 / 195
Flag Rnk 263 / 1208
2022
PRODUCT COMPLEXITY IN Glues
1.14Rnk 119 / 1025
2022
Imports
$125MWorld Rnk 31 / 224
Flag Rnk 314 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $44.7M in Glues, making it the 30th largest exporter of Glues in the world. At the same year, Glues was the 263rd most exported product in Australia. The main destination of Glues exports from Australia are: New Zealand ($29.8M), Papua New Guinea ($2.82M), Singapore ($2.21M), Thailand ($1.47M), and Malaysia ($983k).

The fastest growing export markets for Glues of Australia between 2021 and 2022 were Thailand ($514k), Malaysia ($285k), and Singapore ($260k).

Imports In 2022, Australia imported $125M in Glues, becoming the 31st largest importer of Glues in the world. At the same year, Glues was the 314th most imported product in Australia. Australia imports Glues primarily from: China ($31.7M), United States ($26.5M), Germany ($15.7M), Italy ($11.9M), and Malaysia ($6.42M).

The fastest growing import markets in Glues for Australia between 2021 and 2022 were China ($7.9M), United States ($6.82M), and Italy ($4M).

COMPANIES In 2023, leading companies such as JBS Foods (4), Lawrence Wholesale (4), and SAC (Société des alcools du Québec) (1) were at the forefront of shipping Glues from Australia to the United States.

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 Glues. 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)$44.7M
IMPORTS (2022)$125M
NET TRADE (2022)-$80.2M

In 2022, Australia exported $44.7M in Glues. The main destinations of Australia exports on Glues were New Zealand ($29.8M), Papua New Guinea ($2.82M), Singapore ($2.21M), Thailand ($1.47M), and Malaysia ($983k).

In 2022, Australia imported $125M in Glues, mainly from China ($31.7M), United States ($26.5M), Germany ($15.7M), Italy ($11.9M), and Malaysia ($6.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glues EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Thailand$514k (53.6%)
Malaysia$285k (40.9%)
Singapore$260k (13.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glues BY Australia WERE (2021 - 2022):
New Zealand-$8.92M (-23%)
Philippines-$823k (-61.1%)
China-$432k (-48.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Glues by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.49M
TOP IMPORT POTENTIALChina+ $7.01M

Glues’s highest export potential is China. With an export gap of $1.49M.   Glues’s highest import potential is China with an import gap of $7.01M.

See methodology.

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