2022
Exports
$3.72MWorld Rnk 35 / 149
Flag Rnk 674 / 1208
2022
PRODUCT COMPLEXITY IN Ground Nuts
-2.21Rnk 1007 / 1025
2022
Imports
$26.2MWorld Rnk 25 / 201
Flag Rnk 629 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $3.72M in Ground Nuts, making it the 35th largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 674th most exported product in Australia. The main destination of Ground Nuts exports from Australia are: New Zealand ($3.06M), Japan ($421k), Fiji ($138k), Ecuador ($35.9k), and Belgium ($27.8k).

The fastest growing export markets for Ground Nuts of Australia between 2021 and 2022 were Japan ($421k), Ecuador ($35.9k), and Fiji ($30.6k).

Imports In 2022, Australia imported $26.2M in Ground Nuts, becoming the 25th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 629th most imported product in Australia. Australia imports Ground Nuts primarily from: Argentina ($18.7M), Brazil ($6.82M), China ($596k), Nicaragua ($32.6k), and Vietnam ($17.3k).

The fastest growing import markets in Ground Nuts for Australia between 2021 and 2022 were Brazil ($363k), Chinese Taipei ($447), and Thailand ($122).

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 Ground Nuts. 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)$3.72M
IMPORTS (2022)$26.2M
NET TRADE (2022)-$22.5M

In 2022, Australia exported $3.72M in Ground Nuts. The main destinations of Australia exports on Ground Nuts were New Zealand ($3.06M), Japan ($421k), Fiji ($138k), Ecuador ($35.9k), and Belgium ($27.8k).

In 2022, Australia imported $26.2M in Ground Nuts, mainly from Argentina ($18.7M), Brazil ($6.82M), China ($596k), Nicaragua ($32.6k), and Vietnam ($17.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Japan$421k (1%)
Ecuador$35.9k (1%)
Fiji$30.6k (28.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Australia WERE (2021 - 2022):
New Zealand-$141k (-4.41%)
Chinese Taipei-$106k (-100%)
Lebanon-$66.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $147k
TOP IMPORT POTENTIALChina+ $695k

Ground Nuts’s highest export potential is Japan. With an export gap of $147k.   Ground Nuts’s highest import potential is China with an import gap of $695k.

See methodology.

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