2022
Exports
$890kWorld Rnk 35 / 112
Flag Rnk 911 / 1208
2022
PRODUCT COMPLEXITY IN Iron Oxides and Hydroxides
-0.26Rnk 633 / 1025
2022
Imports
$29.7MWorld Rnk 11 / 188
Flag Rnk 600 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $890k in Iron Oxides and Hydroxides, making it the 35th largest exporter of Iron Oxides and Hydroxides in the world. At the same year, Iron Oxides and Hydroxides was the 911th most exported product in Australia. The main destination of Iron Oxides and Hydroxides exports from Australia are: New Zealand ($685k), Malaysia ($72.2k), Spain ($26.6k), Thailand ($25.3k), and Indonesia ($23.3k).

The fastest growing export markets for Iron Oxides and Hydroxides of Australia between 2021 and 2022 were Malaysia ($66.1k), Spain ($26.6k), and Thailand ($23.8k).

Imports In 2022, Australia imported $29.7M in Iron Oxides and Hydroxides, becoming the 11th largest importer of Iron Oxides and Hydroxides in the world. At the same year, Iron Oxides and Hydroxides was the 600th most imported product in Australia. Australia imports Iron Oxides and Hydroxides primarily from: China ($20.5M), Germany ($5.42M), United States ($836k), Thailand ($531k), and South Korea ($482k).

The fastest growing import markets in Iron Oxides and Hydroxides for Australia between 2021 and 2022 were China ($5.21M), Germany ($1.35M), and South Korea ($436k).

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 Iron Oxides and Hydroxides. 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)$890k
IMPORTS (2022)$29.7M
NET TRADE (2022)-$28.8M

In 2022, Australia exported $890k in Iron Oxides and Hydroxides. The main destinations of Australia exports on Iron Oxides and Hydroxides were New Zealand ($685k), Malaysia ($72.2k), Spain ($26.6k), Thailand ($25.3k), and Indonesia ($23.3k).

In 2022, Australia imported $29.7M in Iron Oxides and Hydroxides, mainly from China ($20.5M), Germany ($5.42M), United States ($836k), Thailand ($531k), and South Korea ($482k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Oxides and Hydroxides EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Malaysia$66.1k (1.09k%)
Spain$26.6k (1%)
Thailand$23.8k (1.63k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Oxides and Hydroxides BY Australia WERE (2021 - 2022):
South Korea-$1.24M (-100%)
New Zealand-$160k (-18.9%)
Papua New Guinea-$64.3k (-95.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Iron Oxides and Hydroxides were:
In 2022, Australia's main importing competitors in Iron Oxides and Hydroxides were:

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Trade Value of Iron Oxides and Hydroxides by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $20.6k
TOP IMPORT POTENTIALSouth Africa+ $416k

Iron Oxides and Hydroxides’s highest export potential is China. With an export gap of $20.6k.   Iron Oxides and Hydroxides’s highest import potential is South Africa with an import gap of $416k.

See methodology.

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