2023
Exports
$4.76MWorld Rnk 36 / 105
Flag Rnk 586 / 1208
2023
PRODUCT COMPLEXITY IN Prepared Explosives
-0.95Rnk 814 / 1025
2023
Imports
$72.7MWorld Rnk 4 / 170
Flag Rnk 391 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $4.76M in Prepared Explosives, making it the 36th largest exporter of Prepared Explosives in the world. At the same year, Prepared Explosives was the 586th most exported product in Australia. The main destination of Prepared Explosives exports from Australia are: Papua New Guinea ($2.79M), New Caledonia ($779k), France ($708k), New Zealand ($271k), and Chile ($209k).

The fastest growing export markets for Prepared Explosives of Australia between 2022 and 2023 were Papua New Guinea ($2.04M), France ($708k), and New Caledonia ($625k).

Imports In 2023, Australia imported $72.7M in Prepared Explosives, becoming the 4th largest importer of Prepared Explosives in the world. At the same year, Prepared Explosives was the 391st most imported product in Australia. Australia imports Prepared Explosives primarily from: Philippines ($31.5M), United States ($20.5M), India ($13.5M), China ($4.38M), and Mexico ($1.01M).

The fastest growing import markets in Prepared Explosives for Australia between 2022 and 2023 were India ($4.8M), United States ($4.65M), and Mexico ($904k).

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 Prepared Explosives. 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)$4.76M
IMPORTS (2023)$72.7M
NET TRADE (2023)-$68M

In 2023, Australia exported $4.76M in Prepared Explosives. The main destinations of Australia exports on Prepared Explosives were Papua New Guinea ($2.79M), New Caledonia ($779k), France ($708k), New Zealand ($271k), and Chile ($209k).

In 2023, Australia imported $72.7M in Prepared Explosives, mainly from Philippines ($31.5M), United States ($20.5M), India ($13.5M), China ($4.38M), and Mexico ($1.01M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Prepared Explosives EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Papua New Guinea$2.04M (275%)
France$708k (1%)
New Caledonia$625k (405%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Explosives BY Australia WERE (2022 - 2023):
Peru-$21.8M (-100%)
Philippines-$1.09M (-100%)
Timor-Leste-$289k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Prepared Explosives by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALCanada+ $178k
TOP IMPORT POTENTIALSouth Africa+ $601k

Prepared Explosives’s highest export potential is Canada. With an export gap of $178k.   Prepared Explosives’s highest import potential is South Africa with an import gap of $601k.

See methodology.

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