2023
Exports
$58.6MWorld Rnk 15 / 120
Flag Rnk 217 / 1208
2023
PRODUCT COMPLEXITY IN Weapons Parts and Accessories
0.37Rnk 428 / 1025
2023
Imports
$46.6MWorld Rnk 14 / 191
Flag Rnk 477 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $58.6M in Weapons Parts and Accessories, making it the 15th largest exporter of Weapons Parts and Accessories in the world. At the same year, Weapons Parts and Accessories was the 217th most exported product in Australia. The main destination of Weapons Parts and Accessories exports from Australia are: United Arab Emirates ($48.1M), Netherlands ($3.66M), United States ($3.44M), Singapore ($2.49M), and Canada ($529k).

The fastest growing export markets for Weapons Parts and Accessories of Australia between 2022 and 2023 were United Arab Emirates ($7.47M), Netherlands ($3.62M), and Singapore ($2.11M).

Imports In 2023, Australia imported $46.6M in Weapons Parts and Accessories, becoming the 14th largest importer of Weapons Parts and Accessories in the world. At the same year, Weapons Parts and Accessories was the 477th most imported product in Australia. Australia imports Weapons Parts and Accessories primarily from: United States ($30.8M), Norway ($2.59M), United Kingdom ($2.34M), Canada ($1.81M), and Germany ($1.42M).

The fastest growing import markets in Weapons Parts and Accessories for Australia between 2022 and 2023 were United Kingdom ($1.78M), South Korea ($893k), and India ($563k).

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 Weapons Parts and Accessories. 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)$58.6M
IMPORTS (2023)$46.6M
NET TRADE (2023)$11.9M

In 2023, Australia exported $58.6M in Weapons Parts and Accessories. The main destinations of Australia exports on Weapons Parts and Accessories were United Arab Emirates ($48.1M), Netherlands ($3.66M), United States ($3.44M), Singapore ($2.49M), and Canada ($529k).

In 2023, Australia imported $46.6M in Weapons Parts and Accessories, mainly from United States ($30.8M), Norway ($2.59M), United Kingdom ($2.34M), Canada ($1.81M), and Germany ($1.42M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Weapons Parts and Accessories EXPORT MARKETS FOR Australia WERE (2022 - 2023):
United Arab Emirates$7.47M (18.4%)
Netherlands$3.62M (9.07k%)
Singapore$2.11M (563%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Weapons Parts and Accessories BY Australia WERE (2022 - 2023):
United States-$1.09M (-24.1%)
Germany-$314k (-96%)
Israel-$281k (-77.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Weapons Parts and Accessories were:
In 2023, Australia's main importing competitors in Weapons Parts and Accessories were:

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Trade Value of Weapons Parts and Accessories by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $2.96M
TOP IMPORT POTENTIALChina+ $998k

Weapons Parts and Accessories’s highest export potential is United States. With an export gap of $2.96M.   Weapons Parts and Accessories’s highest import potential is China with an import gap of $998k.

See methodology.

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