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Exports In 2023, Australia exported $443k in Parachutes, making it the 38th largest exporter of Parachutes in the world. At the same year, Parachutes was the 978th most exported product in Australia. The main destination of Parachutes exports from Australia are: Singapore ($92k), China ($61.4k), New Zealand ($56k), Japan ($50.2k), and United Kingdom ($41.3k).

The fastest growing export markets for Parachutes of Australia between 2022 and 2023 were Singapore ($91.2k), China ($57.1k), and United Kingdom ($29.9k).

Imports In 2023, Australia imported $10.1M in Parachutes, becoming the 13th largest importer of Parachutes in the world. At the same year, Parachutes was the 774th most imported product in Australia. Australia imports Parachutes primarily from: United States ($6.14M), United Kingdom ($1.41M), New Zealand ($711k), Vietnam ($584k), and Sri Lanka ($209k).

The fastest growing import markets in Parachutes for Australia between 2022 and 2023 were United Kingdom ($441k), Vietnam ($138k), and Spain ($115k).

Latest Trends

Dec 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 Parachutes. 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 (2023)$443k
IMPORTS (2023)$10.1M
NET TRADE (2023)-$9.62M

In 2023, Australia exported $443k in Parachutes. The main destinations of Australia exports on Parachutes were Singapore ($92k), China ($61.4k), New Zealand ($56k), Japan ($50.2k), and United Kingdom ($41.3k).

In 2023, Australia imported $10.1M in Parachutes, mainly from United States ($6.14M), United Kingdom ($1.41M), New Zealand ($711k), Vietnam ($584k), and Sri Lanka ($209k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Parachutes EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Singapore$91.2k (11.5k%)
China$57.1k (1.31k%)
United Kingdom$29.9k (262%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Parachutes BY Australia WERE (2022 - 2023):
United States-$169k (-94.5%)
Papua New Guinea-$135k (-100%)
South Africa-$43k (-99.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Parachutes were:
In 2023, Australia's main importing competitors in Parachutes were:

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Trade Value of Parachutes by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $71.8k
TOP IMPORT POTENTIALVietnam+ $182k

Parachutes’s highest export potential is United States. With an export gap of $71.8k.   Parachutes’s highest import potential is Vietnam with an import gap of $182k.

See methodology.

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