2022
Exports
$226MWorld Rnk 38 / 224
Flag Rnk 96 / 1208
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$1.44BWorld Rnk 21 / 224
Flag Rnk 35 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $226M in Valves, making it the 38th largest exporter of Valves in the world. At the same year, Valves was the 96th most exported product in Australia. The main destination of Valves exports from Australia are: United States ($39.6M), New Zealand ($33.9M), China ($21.5M), Papua New Guinea ($21.4M), and Indonesia ($14.5M).

The fastest growing export markets for Valves of Australia between 2021 and 2022 were China ($14.2M), Indonesia ($9.64M), and New Caledonia ($3.62M).

Imports In 2022, Australia imported $1.44B in Valves, becoming the 21st largest importer of Valves in the world. At the same year, Valves was the 35th most imported product in Australia. Australia imports Valves primarily from: China ($474M), United States ($281M), Germany ($110M), Italy ($91.1M), and United Kingdom ($89.2M).

The fastest growing import markets in Valves for Australia between 2021 and 2022 were United States ($53.6M), China ($25.4M), and Singapore ($8.52M).

Latest Trends

Nov 2024

Subnational Monthly Trade

View
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 Valves. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$226M
IMPORTS (2022)$1.44B
NET TRADE (2022)-$1.21B

In 2022, Australia exported $226M in Valves. The main destinations of Australia exports on Valves were United States ($39.6M), New Zealand ($33.9M), China ($21.5M), Papua New Guinea ($21.4M), and Indonesia ($14.5M).

In 2022, Australia imported $1.44B in Valves, mainly from China ($474M), United States ($281M), Germany ($110M), Italy ($91.1M), and United Kingdom ($89.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Australia WERE (2021 - 2022):
China$14.2M (194%)
Indonesia$9.64M (197%)
New Caledonia$3.62M (83.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Australia WERE (2021 - 2022):
Russia-$4.88M (-99.8%)
Hong Kong-$2.92M (-65.6%)
Germany-$2.01M (-50.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Australia's main exporting competitors in Valves were:
In 2022, Australia's main importing competitors in Valves were:

Explore Visualizations

Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26M
TOP IMPORT POTENTIALChina+ $66.5M

Valves’s highest export potential is United States. With an export gap of $26M.   Valves’s highest import potential is China with an import gap of $66.5M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with