2022
Exports
$2.42MWorld Rnk 32 / 134
Flag Rnk 766 / 1208
2022
PRODUCT COMPLEXITY IN Photo Lab Equipment
2.12Rnk 3 / 1025
2022
Imports
$7.33MWorld Rnk 23 / 203
Flag Rnk 859 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $2.42M in Photo Lab Equipment, making it the 32nd largest exporter of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 766th most exported product in Australia. The main destination of Photo Lab Equipment exports from Australia are: New Zealand ($1.14M), Hong Kong ($448k), United Kingdom ($220k), India ($98.2k), and Austria ($88.3k).

The fastest growing export markets for Photo Lab Equipment of Australia between 2021 and 2022 were Hong Kong ($448k), United Kingdom ($202k), and Austria ($84.3k).

Imports In 2022, Australia imported $7.33M in Photo Lab Equipment, becoming the 23rd largest importer of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 859th most imported product in Australia. Australia imports Photo Lab Equipment primarily from: China ($4.6M), United States ($637k), Germany ($321k), Israel ($244k), and Chinese Taipei ($205k).

The fastest growing import markets in Photo Lab Equipment for Australia between 2021 and 2022 were China ($218k), Poland ($111k), and Vietnam ($73.1k).

Latest Trends

Jul 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 Photo Lab 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)$2.42M
IMPORTS (2022)$7.33M
NET TRADE (2022)-$4.91M

In 2022, Australia exported $2.42M in Photo Lab Equipment. The main destinations of Australia exports on Photo Lab Equipment were New Zealand ($1.14M), Hong Kong ($448k), United Kingdom ($220k), India ($98.2k), and Austria ($88.3k).

In 2022, Australia imported $7.33M in Photo Lab Equipment, mainly from China ($4.6M), United States ($637k), Germany ($321k), Israel ($244k), and Chinese Taipei ($205k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Photo Lab Equipment EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Hong Kong$448k (1%)
United Kingdom$202k (1.13k%)
Austria$84.3k (2.12k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photo Lab Equipment BY Australia WERE (2021 - 2022):
New Zealand-$757k (-39.9%)
United States-$563k (-91.3%)
Japan-$360k (-98.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Photo Lab Equipment were:
In 2022, Australia's main importing competitors in Photo Lab Equipment were:

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Trade Value of Photo Lab Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $76.9k
TOP IMPORT POTENTIALJapan+ $204k

Photo Lab Equipment’s highest export potential is United States. With an export gap of $76.9k.   Photo Lab Equipment’s highest import potential is Japan with an import gap of $204k.

See methodology.

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