2022
Exports
$207MWorld Rnk 29 / 216
Flag Rnk 102 / 1208
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.33Rnk 86 / 1025
2022
Imports
$677MWorld Rnk 24 / 224
Flag Rnk 86 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $207M in Other Electrical Machinery, making it the 29th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 102nd most exported product in Australia. The main destination of Other Electrical Machinery exports from Australia are: United States ($53.4M), India ($35.4M), United Kingdom ($18M), New Zealand ($9.88M), and China ($9.21M).

The fastest growing export markets for Other Electrical Machinery of Australia between 2021 and 2022 were India ($32.8M), United States ($15.9M), and South Korea ($7.53M).

Imports In 2022, Australia imported $677M in Other Electrical Machinery, becoming the 24th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 86th most imported product in Australia. Australia imports Other Electrical Machinery primarily from: China ($303M), United States ($120M), Germany ($32.4M), United Kingdom ($25.7M), and New Zealand ($16.3M).

The fastest growing import markets in Other Electrical Machinery for Australia between 2021 and 2022 were China ($17.2M), New Zealand ($5.96M), and Australia ($5.7M).

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 Other Electrical Machinery. 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)$207M
IMPORTS (2022)$677M
NET TRADE (2022)-$469M

In 2022, Australia exported $207M in Other Electrical Machinery. The main destinations of Australia exports on Other Electrical Machinery were United States ($53.4M), India ($35.4M), United Kingdom ($18M), New Zealand ($9.88M), and China ($9.21M).

In 2022, Australia imported $677M in Other Electrical Machinery, mainly from China ($303M), United States ($120M), Germany ($32.4M), United Kingdom ($25.7M), and New Zealand ($16.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Australia WERE (2021 - 2022):
India$32.8M (1.26k%)
United States$15.9M (42.5%)
South Korea$7.53M (717%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Australia WERE (2021 - 2022):
Russia-$3.91M (-100%)
Nicaragua-$2.77M (-80.5%)
Canada-$2.07M (-52%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Other Electrical Machinery were:
In 2022, Australia's main importing competitors in Other Electrical Machinery were:

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $23.1M
TOP IMPORT POTENTIALChina+ $40M

Other Electrical Machinery’s highest export potential is United States. With an export gap of $23.1M.   Other Electrical Machinery’s highest import potential is China with an import gap of $40M.

See methodology.

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