2022
Exports
$18.5MWorld Rnk 28 / 195
Flag Rnk 392 / 1208
2022
PRODUCT COMPLEXITY IN Water
-0.099Rnk 581 / 1025
2022
Imports
$40MWorld Rnk 21 / 222
Flag Rnk 547 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $18.5M in Water, making it the 28th largest exporter of Water in the world. At the same year, Water was the 392nd most exported product in Australia. The main destination of Water exports from Australia are: Japan ($9.99M), Chinese Taipei ($3.63M), China ($1.86M), Singapore ($587k), and New Zealand ($446k).

The fastest growing export markets for Water of Australia between 2021 and 2022 were Japan ($3.54M), Chinese Taipei ($2.18M), and Papua New Guinea ($317k).

Imports In 2022, Australia imported $40M in Water, becoming the 21st largest importer of Water in the world. At the same year, Water was the 547th most imported product in Australia. Australia imports Water primarily from: Italy ($24.9M), France ($2.83M), United Kingdom ($2.58M), New Zealand ($2.41M), and United States ($1.86M).

The fastest growing import markets in Water for Australia between 2021 and 2022 were Italy ($1.61M), Australia ($117k), and Iceland ($73.5k).

Latest Trends

Sep 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 (2022)$18.5M
IMPORTS (2022)$40M
NET TRADE (2022)-$21.6M

In 2022, Australia exported $18.5M in Water. The main destinations of Australia exports on Water were Japan ($9.99M), Chinese Taipei ($3.63M), China ($1.86M), Singapore ($587k), and New Zealand ($446k).

In 2022, Australia imported $40M in Water, mainly from Italy ($24.9M), France ($2.83M), United Kingdom ($2.58M), New Zealand ($2.41M), and United States ($1.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Water EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Japan$3.54M (55%)
Chinese Taipei$2.18M (150%)
Papua New Guinea$317k (754%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Water BY Australia WERE (2021 - 2022):
United States-$351k (-69.4%)
United Kingdom-$82.4k (-60.2%)
South Korea-$55k (-77.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Water were:
China $718M
Italy $705M
In 2022, 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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