2022
Exports
$380MWorld Rnk 12 / 167
Flag Rnk 72 / 1208
2022
PRODUCT COMPLEXITY IN Recreational Boats
0.3Rnk 445 / 1025
2022
Imports
$603MWorld Rnk 7 / 217
Flag Rnk 97 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $380M in Recreational Boats, making it the 12th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 72nd most exported product in Australia. The main destination of Recreational Boats exports from Australia are: United States ($141M), Singapore ($61.8M), Maldives ($46.2M), New Zealand ($38.7M), and Fiji ($23.5M).

The fastest growing export markets for Recreational Boats of Australia between 2021 and 2022 were Singapore ($60.1M), United States ($56.1M), and Maldives ($46.2M).

Imports In 2022, Australia imported $603M in Recreational Boats, becoming the 7th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 97th most imported product in Australia. Australia imports Recreational Boats primarily from: Mexico ($95.7M), United States ($91M), Chinese Taipei ($79.7M), Italy ($59.3M), and China ($56.1M).

The fastest growing import markets in Recreational Boats for Australia between 2021 and 2022 were Chinese Taipei ($58.2M), Mexico ($46.7M), and France ($13.6M).

Latest Trends

Sep 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 Recreational Boats. 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)$380M
IMPORTS (2022)$603M
NET TRADE (2022)-$223M

In 2022, Australia exported $380M in Recreational Boats. The main destinations of Australia exports on Recreational Boats were United States ($141M), Singapore ($61.8M), Maldives ($46.2M), New Zealand ($38.7M), and Fiji ($23.5M).

In 2022, Australia imported $603M in Recreational Boats, mainly from Mexico ($95.7M), United States ($91M), Chinese Taipei ($79.7M), Italy ($59.3M), and China ($56.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Singapore$60.1M (3.61k%)
United States$56.1M (65.9%)
Maldives$46.2M (803k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Australia WERE (2021 - 2022):
New Zealand-$32.3M (-45.5%)
Australia-$23.2M (-76.9%)
Philippines-$4.5M (-96.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $3.96M
TOP IMPORT POTENTIALItaly+ $3.37M

Recreational Boats’s highest export potential is Canada. With an export gap of $3.96M.   Recreational Boats’s highest import potential is Italy with an import gap of $3.37M.

See methodology.

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