2023
Exports
$17MWorld Rnk 36 / 197
Flag Rnk 381 / 1208
2023
PRODUCT COMPLEXITY IN Water
-0.14Rnk 602 / 1025
2023
Imports
$38.5MWorld Rnk 20 / 226
Flag Rnk 521 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $17M in Water, making it the 36th largest exporter of Water in the world. At the same year, Water was the 381st most exported product in Australia. The main destination of Water exports from Australia are: Japan ($7.2M), Chinese Taipei ($3.64M), China ($3.04M), New Zealand ($773k), and Singapore ($480k).

The fastest growing export markets for Water of Australia between 2022 and 2023 were China ($1.25M), New Zealand ($479k), and Chinese Taipei ($364k).

Imports In 2023, Australia imported $38.5M in Water, becoming the 20th largest importer of Water in the world. At the same year, Water was the 521st most imported product in Australia. Australia imports Water primarily from: Italy ($25.2M), France ($2.85M), Fiji ($2.57M), New Zealand ($1.79M), and United States ($1.32M).

The fastest growing import markets in Water for Australia between 2022 and 2023 were Fiji ($1.38M), United States ($317k), and Serbia ($137k).

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 Water. 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)$17M
IMPORTS (2023)$38.5M
NET TRADE (2023)-$21.6M

In 2023, Australia exported $17M in Water. The main destinations of Australia exports on Water were Japan ($7.2M), Chinese Taipei ($3.64M), China ($3.04M), New Zealand ($773k), and Singapore ($480k).

In 2023, Australia imported $38.5M in Water, mainly from Italy ($25.2M), France ($2.85M), Fiji ($2.57M), New Zealand ($1.79M), and United States ($1.32M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Water EXPORT MARKETS FOR Australia WERE (2022 - 2023):
China$1.25M (69.9%)
New Zealand$479k (163%)
Chinese Taipei$364k (11.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Water BY Australia WERE (2022 - 2023):
Japan-$2.28M (-24%)
Papua New Guinea-$231k (-64.3%)
Hong Kong-$191k (-55.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Water were:
France $1.15B
Italy $896M
China $715M
In 2023, Australia's main importing competitors in Water were:

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Trade Value of Water by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $508k
TOP IMPORT POTENTIALFrance+ $1.15M

Water’s highest export potential is China. With an export gap of $508k.   Water’s highest import potential is France with an import gap of $1.15M.

See methodology.

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