2023
Exports
$20.7MWorld Rnk 30 / 177
Flag Rnk 361 / 1208
2023
PRODUCT COMPLEXITY IN Woodworking machines
1.29Rnk 81 / 1025
2023
Imports
$157MWorld Rnk 14 / 217
Flag Rnk 256 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $20.7M in Woodworking machines, making it the 30th largest exporter of Woodworking machines in the world. At the same year, Woodworking machines was the 361st most exported product in Australia. The main destination of Woodworking machines exports from Australia are: United States ($6.9M), Papua New Guinea ($3.59M), New Zealand ($3.3M), Belgium ($608k), and Italy ($473k).

The fastest growing export markets for Woodworking machines of Australia between 2022 and 2023 were United States ($3.49M), Papua New Guinea ($856k), and New Caledonia ($333k).

Imports In 2023, Australia imported $157M in Woodworking machines, becoming the 14th largest importer of Woodworking machines in the world. At the same year, Woodworking machines was the 256th most imported product in Australia. Australia imports Woodworking machines primarily from: China ($62.3M), Germany ($23.9M), Italy ($20.2M), Chinese Taipei ($10.5M), and Austria ($8.37M).

The fastest growing import markets in Woodworking machines for Australia between 2022 and 2023 were Germany ($3.65M), New Zealand ($1.61M), and United States ($781k).

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 Woodworking machines. 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)$20.7M
IMPORTS (2023)$157M
NET TRADE (2023)-$137M

In 2023, Australia exported $20.7M in Woodworking machines. The main destinations of Australia exports on Woodworking machines were United States ($6.9M), Papua New Guinea ($3.59M), New Zealand ($3.3M), Belgium ($608k), and Italy ($473k).

In 2023, Australia imported $157M in Woodworking machines, mainly from China ($62.3M), Germany ($23.9M), Italy ($20.2M), Chinese Taipei ($10.5M), and Austria ($8.37M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Woodworking machines EXPORT MARKETS FOR Australia WERE (2022 - 2023):
United States$3.49M (103%)
Papua New Guinea$856k (31.3%)
New Caledonia$333k (1.93k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woodworking machines BY Australia WERE (2022 - 2023):
New Zealand-$844k (-20.4%)
Malaysia-$682k (-88.1%)
Benin-$567k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Woodworking machines were:
China $2.22B
Germany $1.75B
Italy $1.23B
In 2023, Australia's main importing competitors in Woodworking machines were:

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Trade Value of Woodworking machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.9M
TOP IMPORT POTENTIALGermany+ $2.59M

Woodworking machines’s highest export potential is United States. With an export gap of $1.9M.   Woodworking machines’s highest import potential is Germany with an import gap of $2.59M.

See methodology.

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