2023
Exports
$81.8MWorld Rnk 14 / 180
Flag Rnk 180 / 1208
2023
PRODUCT COMPLEXITY IN Vitamins
0.88Rnk 216 / 1025
2023
Imports
$84.5MWorld Rnk 24 / 215
Flag Rnk 363 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $81.8M in Vitamins, making it the 14th largest exporter of Vitamins in the world. At the same year, Vitamins was the 180th most exported product in Australia. The main destination of Vitamins exports from Australia are: Vietnam ($19.7M), Hong Kong ($12.1M), South Korea ($10M), Singapore ($7.23M), and China ($6.9M).

The fastest growing export markets for Vitamins of Australia between 2022 and 2023 were South Korea ($9.23M), Vietnam ($8.33M), and Singapore ($3.27M).

Imports In 2023, Australia imported $84.5M in Vitamins, becoming the 24th largest importer of Vitamins in the world. At the same year, Vitamins was the 363rd most imported product in Australia. Australia imports Vitamins primarily from: China ($45.1M), United States ($14.1M), Switzerland ($5.37M), Germany ($4.53M), and India ($2.54M).

The fastest growing import markets in Vitamins for Australia between 2022 and 2023 were New Zealand ($403k), Indonesia ($173k), and Argentina ($64.9k).

COMPANIES In 2024, leading companies such as Lawrence Wholesale (1) were at the forefront of shipping Vitamins from Australia to the United States.

Latest Trends

Jan 2025

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 Vitamins. 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)$81.8M
IMPORTS (2023)$84.5M
NET TRADE (2023)-$2.68M

In 2023, Australia exported $81.8M in Vitamins. The main destinations of Australia exports on Vitamins were Vietnam ($19.7M), Hong Kong ($12.1M), South Korea ($10M), Singapore ($7.23M), and China ($6.9M).

In 2023, Australia imported $84.5M in Vitamins, mainly from China ($45.1M), United States ($14.1M), Switzerland ($5.37M), Germany ($4.53M), and India ($2.54M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vitamins EXPORT MARKETS FOR Australia WERE (2022 - 2023):
South Korea$9.23M (1.21k%)
Vietnam$8.33M (73.2%)
Singapore$3.27M (82.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vitamins BY Australia WERE (2022 - 2023):
China-$29.3M (-81%)
Thailand-$6M (-85.9%)
Hong Kong-$5.56M (-31.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Vitamins were:
In 2023, Australia's main importing competitors in Vitamins were:

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Trade Value of Vitamins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.62M
TOP IMPORT POTENTIALChina+ $2.18M

Vitamins’s highest export potential is United States. With an export gap of $5.62M.   Vitamins’s highest import potential is China with an import gap of $2.18M.

See methodology.

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