2023
Exports
$12.6BWorld Rnk 31 / 226
Flag Rnk 6 / 21
2023
PRODUCT COMPLEXITY IN Chemical Products
2.31Rnk 1 / 1025
2023
Imports
$24.9BWorld Rnk 24 / 226
Flag Rnk 4 / 21
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $12.6B in Chemical Products, making it the 31st largest exporter of Chemical Products in the world. At the same year, Chemical Products was the 6th most exported product in Australia. The main destination of Chemical Products exports from Australia are: United States ($1.65B), China ($1.2B), Bahrain ($1.16B), New Zealand ($1.03B), and United Arab Emirates ($986M).

The fastest growing export markets for Chemical Products of Australia between 2022 and 2023 were Canada ($191M), Germany ($37M), and Sweden ($12M).

Imports In 2023, Australia imported $24.9B in Chemical Products, becoming the 24th largest importer of Chemical Products in the world. At the same year, Chemical Products was the 4th most imported product in Australia. Australia imports Chemical Products primarily from: United States ($4.35B), China ($3.48B), Germany ($2.13B), France ($1.23B), and Belgium ($1.08B).

The fastest growing import markets in Chemical Products for Australia between 2022 and 2023 were Denmark ($131M), France ($85.2M), and Belgium ($47.6M).

COMPANIES In 2023, leading companies such as JBS Foods (14), Lawrence Wholesale (5), and BOEING (3) were at the forefront of shipping Chemical Products from Australia to the United States.

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 Chemical Products. 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)$12.6B
IMPORTS (2023)$24.9B
NET TRADE (2023)-$12.3B

In 2023, Australia exported $12.6B in Chemical Products. The main destinations of Australia exports on Chemical Products were United States ($1.65B), China ($1.2B), Bahrain ($1.16B), New Zealand ($1.03B), and United Arab Emirates ($986M).

In 2023, Australia imported $24.9B in Chemical Products, mainly from United States ($4.35B), China ($3.48B), Germany ($2.13B), France ($1.23B), and Belgium ($1.08B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chemical Products EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Canada$191M (35.5%)
Germany$37M (17.3%)
Sweden$12M (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Products BY Australia WERE (2022 - 2023):
China-$357M (-22.9%)
Malaysia-$209M (-33.2%)
Brazil-$162M (-83.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Chemical Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $383M
TOP IMPORT POTENTIALIndia+ $500M

Chemical Products’s highest export potential is United States. With an export gap of $383M.   Chemical Products’s highest import potential is India with an import gap of $500M.

See methodology.

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