2022
Exports
$24.6MWorld Rnk 21 / 78
Flag Rnk 353 / 1208
2022
PRODUCT COMPLEXITY IN Tanks and Armored vehicles
-0.46Rnk 688 / 1025
2022
Imports
$46.1MWorld Rnk 22 / 130
Flag Rnk 512 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $24.6M in Tanks and Armored vehicles, making it the 21st largest exporter of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 353rd most exported product in Australia. The main destination of Tanks and Armored vehicles exports from Australia are: South Korea ($9.41M), Jamaica ($5.1M), Australia ($1.95M), Finland ($1.54M), and New Zealand ($1.4M).

The fastest growing export markets for Tanks and Armored vehicles of Australia between 2021 and 2022 were South Korea ($9.28M), New Zealand ($1.23M), and Finland ($1.11M).

Imports In 2022, Australia imported $46.1M in Tanks and Armored vehicles, becoming the 22nd largest importer of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 512th most imported product in Australia. Australia imports Tanks and Armored vehicles primarily from: United States ($15M), South Korea ($7.16M), Germany ($6.38M), France ($4.81M), and Israel ($3.82M).

The fastest growing import markets in Tanks and Armored vehicles for Australia between 2021 and 2022 were South Korea ($6.79M), Netherlands ($1.47M), and Italy ($372k).

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 Tanks and Armored vehicles. 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)$24.6M
IMPORTS (2022)$46.1M
NET TRADE (2022)-$21.5M

In 2022, Australia exported $24.6M in Tanks and Armored vehicles. The main destinations of Australia exports on Tanks and Armored vehicles were South Korea ($9.41M), Jamaica ($5.1M), Australia ($1.95M), Finland ($1.54M), and New Zealand ($1.4M).

In 2022, Australia imported $46.1M in Tanks and Armored vehicles, mainly from United States ($15M), South Korea ($7.16M), Germany ($6.38M), France ($4.81M), and Israel ($3.82M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tanks and Armored vehicles EXPORT MARKETS FOR Australia WERE (2021 - 2022):
South Korea$9.28M (7.3k%)
New Zealand$1.23M (730%)
Finland$1.11M (255%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanks and Armored vehicles BY Australia WERE (2021 - 2022):
Belgium-$3.57M (-100%)
Netherlands-$3.15M (-92.6%)
Australia-$2.25M (-53.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Tanks and Armored vehicles were:
In 2022, Australia's main importing competitors in Tanks and Armored vehicles were:

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Trade Value of Tanks and Armored vehicles by Exporters

Potential Exports

Potential Exports

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N/AN/AN/A
TOP IMPORT POTENTIALItaly+ $321k

Tanks and Armored vehicles’s highest export potential is N/A. With an export gap of N/A.   Tanks and Armored vehicles’s highest import potential is Italy with an import gap of $321k.

See methodology.

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