2022
Exports
$47.9kWorld Rnk 61 / 105
Flag Rnk 1140 / 1208
2022
PRODUCT COMPLEXITY IN Peat
-0.028Rnk 554 / 1025
2022
Imports
$27.6MWorld Rnk 15 / 195
Flag Rnk 616 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $47.9k in Peat, making it the 61st largest exporter of Peat in the world. At the same year, Peat was the 1140th most exported product in Australia. The main destination of Peat exports from Australia are: Sri Lanka ($14.8k), India ($12.9k), New Zealand ($12.6k), Singapore ($7.02k), and Papua New Guinea ($502).

The fastest growing export markets for Peat of Australia between 2021 and 2022 were India ($12.9k), Sri Lanka ($848), and Netherlands ($156).

Imports In 2022, Australia imported $27.6M in Peat, becoming the 15th largest importer of Peat in the world. At the same year, Peat was the 616th most imported product in Australia. Australia imports Peat primarily from: Netherlands ($7.87M), India ($6.2M), Latvia ($3.85M), Sri Lanka ($3.28M), and Germany ($1.81M).

The fastest growing import markets in Peat for Australia between 2021 and 2022 were India ($3.79M), Sri Lanka ($2.01M), and Latvia ($752k).

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 Peat. 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)$47.9k
IMPORTS (2022)$27.6M
NET TRADE (2022)-$27.6M

In 2022, Australia exported $47.9k in Peat. The main destinations of Australia exports on Peat were Sri Lanka ($14.8k), India ($12.9k), New Zealand ($12.6k), Singapore ($7.02k), and Papua New Guinea ($502).

In 2022, Australia imported $27.6M in Peat, mainly from Netherlands ($7.87M), India ($6.2M), Latvia ($3.85M), Sri Lanka ($3.28M), and Germany ($1.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Australia WERE (2021 - 2022):
India$12.9k (1%)
Sri Lanka$848 (6.07%)
Netherlands$156 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Australia WERE (2021 - 2022):
South Korea-$1.94M (-100%)
New Zealand-$49.9k (-79.9%)
Singapore-$12.3k (-63.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $3.4k
TOP IMPORT POTENTIALCanada+ $717k

Peat’s highest export potential is India. With an export gap of $3.4k.   Peat’s highest import potential is Canada with an import gap of $717k.

See methodology.

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