2023
Exports
$240BWorld Rnk 3 / 224
Flag Rnk 1 / 21
2023
PRODUCT COMPLEXITY IN Mineral Products
0.38Rnk 423 / 1025
2023
Imports
$43.9BWorld Rnk 19 / 226
Flag Rnk 3 / 21
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $240B in Mineral Products, making it the 3rd largest exporter of Mineral Products in the world. At the same year, Mineral Products was the 1st most exported product in Australia. The main destination of Mineral Products exports from Australia are: China ($110B), Japan ($51.2B), Chinese Taipei ($15.2B), South Korea ($15.2B), and India ($15.1B).

The fastest growing export markets for Mineral Products of Australia between 2022 and 2023 were Germany ($1.41B), China ($1.26B), and Philippines ($897M).

Imports In 2023, Australia imported $43.9B in Mineral Products, becoming the 19th largest importer of Mineral Products in the world. At the same year, Mineral Products was the 3rd most imported product in Australia. Australia imports Mineral Products primarily from: South Korea ($11.2B), Singapore ($8.42B), Malaysia ($8.05B), Chinese Taipei ($2.71B), and China ($2.25B).

The fastest growing import markets in Mineral Products for Australia between 2022 and 2023 were Malaysia ($1.72B), South Korea ($1.04B), and China ($334M).

COMPANIES In 2023, leading companies such as Cosentino (3), Amazon (1), and Schaeffler Group (1) were at the forefront of shipping Mineral Products from Australia to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Mineral Products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$240B
IMPORTS (2023)$43.9B
NET TRADE (2023)$196B

In 2023, Australia exported $240B in Mineral Products. The main destinations of Australia exports on Mineral Products were China ($110B), Japan ($51.2B), Chinese Taipei ($15.2B), South Korea ($15.2B), and India ($15.1B).

In 2023, Australia imported $43.9B in Mineral Products, mainly from South Korea ($11.2B), Singapore ($8.42B), Malaysia ($8.05B), Chinese Taipei ($2.71B), and China ($2.25B).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Mineral Products EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Germany$1.41B (107%)
China$1.26B (1.15%)
Philippines$897M (75.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral Products BY Australia WERE (2022 - 2023):
Japan-$21.5B (-29.6%)
South Korea-$20.8B (-57.7%)
Chinese Taipei-$6.69B (-30.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Australia's main exporting competitors in Mineral Products were:
In 2023, Australia's main importing competitors in Mineral Products were:

Explore Visualizations

Trade Value of Mineral Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $237M
TOP IMPORT POTENTIALIndia+ $919M

Mineral Products’s highest export potential is Thailand. With an export gap of $237M.   Mineral Products’s highest import potential is India with an import gap of $919M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with