2022
Exports
$350MWorld Rnk 55 / 214
Flag Rnk 46 / 96
2022
PRODUCT COMPLEXITY IN Organic chemicals
1.95Rnk 8 / 1025
2022
Imports
$2.66BWorld Rnk 35 / 225
Flag Rnk 20 / 96
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $350M in Organic chemicals, making it the 55th largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 46th most exported product in Australia. The main destination of Organic chemicals exports from Australia are: China ($68.9M), United States ($49.7M), New Zealand ($23.7M), Hong Kong ($18.9M), and Thailand ($15.4M).

The fastest growing export markets for Organic chemicals of Australia between 2021 and 2022 were China ($38.4M), United States ($13.9M), and Thailand ($9.33M).

Imports In 2022, Australia imported $2.66B in Organic chemicals, becoming the 35th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 20th most imported product in Australia. Australia imports Organic chemicals primarily from: China ($1.4B), United States ($197M), India ($144M), Singapore ($103M), and Germany ($103M).

The fastest growing import markets in Organic chemicals for Australia between 2021 and 2022 were China ($261M), South Korea ($16.6M), and United States ($14.2M).

COMPANIES In 2023, leading companies such as BOEING (3) and JBS Foods (1) were at the forefront of shipping Organic chemicals from Australia to the United States.

Latest Trends

Aug 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 Organic 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 (2022)$350M
IMPORTS (2022)$2.66B
NET TRADE (2022)-$2.31B

In 2022, Australia exported $350M in Organic chemicals. The main destinations of Australia exports on Organic chemicals were China ($68.9M), United States ($49.7M), New Zealand ($23.7M), Hong Kong ($18.9M), and Thailand ($15.4M).

In 2022, Australia imported $2.66B in Organic chemicals, mainly from China ($1.4B), United States ($197M), India ($144M), Singapore ($103M), and Germany ($103M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Australia WERE (2021 - 2022):
China$38.4M (126%)
United States$13.9M (38.7%)
Thailand$9.33M (154%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Australia WERE (2021 - 2022):
Singapore-$22.5M (-59.9%)
Germany-$14.1M (-85.4%)
Vietnam-$12.5M (-49.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Organic chemicals were:
In 2022, Australia's main importing competitors in Organic chemicals were:

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.6M
TOP IMPORT POTENTIALIndia+ $81.4M

Organic chemicals’s highest export potential is United States. With an export gap of $10.6M.   Organic chemicals’s highest import potential is India with an import gap of $81.4M.

See methodology.

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