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Pricing

2022
Exports $65.3MWorld Rnk 33 / 200
Flag Rnk 216 / 1208
2022
Destination $5.65M United States
2021 - 2022
FASTEST GROWING MARKET $5.65MFrance
2022
PRODUCT COMPLEXITY IN Navigation Equipment1.03Rnk 162 / 1025
2022
Imports $310MWorld Rnk 17 / 220
Flag Rnk 168 / 1206
2022
Origin $10.3M United States
2021 - 2022
FASTEST GROWING ORIGIN $10.3MNew Zealand
2022
ECONOMIC COMPLEXITY of Australia-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $65.3M in Navigation Equipment, making it the 33rd largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 216th most exported product in Australia. The main destination of Navigation Equipment exports from Australia are: United States ($13.1M), France ($7.65M), New Zealand ($7.35M), Chile ($5.41M), and South Africa ($3.34M).

The fastest growing export markets for Navigation Equipment of Australia between 2021 and 2022 were France ($5.65M), United States ($2.49M), and Chile ($2.2M).

Imports In 2022, Australia imported $310M in Navigation Equipment, becoming the 17th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 168th most imported product in Australia. Australia imports Navigation Equipment primarily from: United States ($96.9M), China ($57.9M), Mexico ($20M), Chinese Taipei ($19.1M), and Germany ($16.5M).

The fastest growing import markets in Navigation Equipment for Australia between 2021 and 2022 were New Zealand ($10.3M), China ($6.26M), and Netherlands ($2.05M).

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 Navigation Equipment. 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)$65.3M
IMPORTS (2022)$310M
NET TRADE (2022)-$244M

In 2022, Australia exported $65.3M in Navigation Equipment. The main destinations of Australia exports on Navigation Equipment were United States ($13.1M), France ($7.65M), New Zealand ($7.35M), Chile ($5.41M), and South Africa ($3.34M).

In 2022, Australia imported $310M in Navigation Equipment, mainly from United States ($96.9M), China ($57.9M), Mexico ($20M), Chinese Taipei ($19.1M), and Germany ($16.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Australia WERE (2021 - 2022):
France$5.65M (282%)
United States$2.49M (23.4%)
Chile$2.2M (68.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Australia WERE (2021 - 2022):
China-$3.45M (-64.2%)
Russia-$1.89M (-100%)
Singapore-$1.75M (-74.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Navigation Equipment were:
China $3.22B
United States $2.61B
Germany $1.95B
In 2022, Australia's main importing competitors in Navigation Equipment were:
United States $3.89B
Germany $1.74B
China $1.5B

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.12M
TOP IMPORT POTENTIALChina+ $13.8M

Navigation Equipment’s highest export potential is United States. With an export gap of $6.12M.   Navigation Equipment’s highest import potential is China with an import gap of $13.8M.

See methodology.

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