2023
Exports
$6.99BWorld Rnk 7 / 207
Flag Rnk 7 / 96
2023
PRODUCT COMPLEXITY IN Inorganic chemicals
1.54Rnk 38 / 1025
2023
Imports
$2.17BWorld Rnk 26 / 226
Flag Rnk 21 / 96
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $6.99B in Inorganic chemicals, making it the 7th largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 7th most exported product in Australia. The main destination of Inorganic chemicals exports from Australia are: Bahrain ($1.16B), United Arab Emirates ($885M), Canada ($666M), China ($663M), and South Africa ($514M).

The fastest growing export markets for Inorganic chemicals of Australia between 2022 and 2023 were Canada ($205M), Germany ($29M), and Sweden ($15.3M).

Imports In 2023, Australia imported $2.17B in Inorganic chemicals, becoming the 26th largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 21st most imported product in Australia. Australia imports Inorganic chemicals primarily from: China ($685M), United States ($273M), Japan ($270M), Chinese Taipei ($211M), and South Korea ($174M).

The fastest growing import markets in Inorganic chemicals for Australia between 2022 and 2023 were Indonesia ($52.3M), Malaysia ($36.4M), and Finland ($18.9M).

Latest Trends

Dec 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 Inorganic chemicals. 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)$6.99B
IMPORTS (2023)$2.17B
NET TRADE (2023)$4.83B

In 2023, Australia exported $6.99B in Inorganic chemicals. The main destinations of Australia exports on Inorganic chemicals were Bahrain ($1.16B), United Arab Emirates ($885M), Canada ($666M), China ($663M), and South Africa ($514M).

In 2023, Australia imported $2.17B in Inorganic chemicals, mainly from China ($685M), United States ($273M), Japan ($270M), Chinese Taipei ($211M), and South Korea ($174M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Inorganic chemicals EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Canada$205M (44.6%)
Germany$29M (31.9%)
Sweden$15.3M (96.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic chemicals BY Australia WERE (2022 - 2023):
China-$233M (-26%)
Malaysia-$194M (-37%)
Mozambique-$134M (-70.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Inorganic chemicals were:
In 2023, Australia's main importing competitors in Inorganic chemicals were:

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Trade Value of Inorganic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $74M
TOP IMPORT POTENTIALIndia+ $12.9M

Inorganic chemicals’s highest export potential is India. With an export gap of $74M.   Inorganic chemicals’s highest import potential is India with an import gap of $12.9M.

See methodology.

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