2023
Exports
$678MWorld Rnk 9 / 198
Flag Rnk 43 / 1208
2023
PRODUCT COMPLEXITY IN Scrap Aluminium
-0.71Rnk 761 / 1025
2023
Imports
$2.85MWorld Rnk 65 / 152
Flag Rnk 968 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $678M in Scrap Aluminium, making it the 9th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 43rd most exported product in Australia. The main destination of Scrap Aluminium exports from Australia are: India ($163M), China ($111M), South Korea ($102M), Hong Kong ($73.3M), and Malaysia ($52.4M).

The fastest growing export markets for Scrap Aluminium of Australia between 2022 and 2023 were Malaysia ($37.4M), India ($35.3M), and China ($12.6M).

Imports In 2023, Australia imported $2.85M in Scrap Aluminium, becoming the 65th largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 968th most imported product in Australia. Australia imports Scrap Aluminium primarily from: Fiji ($633k), Papua New Guinea ($546k), New Zealand ($487k), New Caledonia ($350k), and Saudi Arabia ($232k).

The fastest growing import markets in Scrap Aluminium for Australia between 2022 and 2023 were Saudi Arabia ($232k), United Kingdom ($66.5k), and Philippines ($57.8k).

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 Scrap Aluminium. 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)$678M
IMPORTS (2023)$2.85M
NET TRADE (2023)$675M

In 2023, Australia exported $678M in Scrap Aluminium. The main destinations of Australia exports on Scrap Aluminium were India ($163M), China ($111M), South Korea ($102M), Hong Kong ($73.3M), and Malaysia ($52.4M).

In 2023, Australia imported $2.85M in Scrap Aluminium, mainly from Fiji ($633k), Papua New Guinea ($546k), New Zealand ($487k), New Caledonia ($350k), and Saudi Arabia ($232k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Malaysia$37.4M (250%)
India$35.3M (27.7%)
China$12.6M (12.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Australia WERE (2022 - 2023):
South Korea-$32.2M (-23.9%)
United States-$18M (-99.9%)
Germany-$10.1M (-84%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Scrap Aluminium were:
In 2023, Australia's main importing competitors in Scrap Aluminium were:
India $3.57B
China $2.47B
Germany $1.68B

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $22.9M
TOP IMPORT POTENTIALMalaysia+ $349k

Scrap Aluminium’s highest export potential is China. With an export gap of $22.9M.   Scrap Aluminium’s highest import potential is Malaysia with an import gap of $349k.

See methodology.

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