2023
Exports
$127MWorld Rnk 27 / 201
Flag Rnk 139 / 1208
2023
PRODUCT COMPLEXITY IN Sauces and Seasonings
-0.56Rnk 724 / 1025
2023
Imports
$512MWorld Rnk 7 / 226
Flag Rnk 103 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $127M in Sauces and Seasonings, making it the 27th largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 139th most exported product in Australia. The main destination of Sauces and Seasonings exports from Australia are: New Zealand ($49.7M), Japan ($27.3M), United States ($9.88M), China ($6.67M), and Papua New Guinea ($6.18M).

The fastest growing export markets for Sauces and Seasonings of Australia between 2022 and 2023 were New Zealand ($6.13M), Japan ($2.92M), and Fiji ($1.24M).

Imports In 2023, Australia imported $512M in Sauces and Seasonings, becoming the 7th largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 103rd most imported product in Australia. Australia imports Sauces and Seasonings primarily from: Thailand ($75.3M), New Zealand ($58M), Italy ($55.6M), China ($52.1M), and United States ($49M).

The fastest growing import markets in Sauces and Seasonings for Australia between 2022 and 2023 were New Zealand ($7.65M), Italy ($4.82M), and France ($3.76M).

COMPANIES In 2023, leading companies such as TE Connectivity (1) were at the forefront of shipping Sauces and Seasonings from Australia to the United States.

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 Sauces and Seasonings. 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)$127M
IMPORTS (2023)$512M
NET TRADE (2023)-$385M

In 2023, Australia exported $127M in Sauces and Seasonings. The main destinations of Australia exports on Sauces and Seasonings were New Zealand ($49.7M), Japan ($27.3M), United States ($9.88M), China ($6.67M), and Papua New Guinea ($6.18M).

In 2023, Australia imported $512M in Sauces and Seasonings, mainly from Thailand ($75.3M), New Zealand ($58M), Italy ($55.6M), China ($52.1M), and United States ($49M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sauces and Seasonings EXPORT MARKETS FOR Australia WERE (2022 - 2023):
New Zealand$6.13M (14.1%)
Japan$2.92M (12%)
Fiji$1.24M (69.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sauces and Seasonings BY Australia WERE (2022 - 2023):
Papua New Guinea-$2.74M (-30.7%)
United States-$861k (-8.02%)
China-$765k (-10.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Sauces and Seasonings were:
In 2023, Australia's main importing competitors in Sauces and Seasonings were:

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Trade Value of Sauces and Seasonings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.09M
TOP IMPORT POTENTIALChina+ $10.2M

Sauces and Seasonings’s highest export potential is United States. With an export gap of $7.09M.   Sauces and Seasonings’s highest import potential is China with an import gap of $10.2M.

See methodology.

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