Australia

-0.76

Econ Complexity 82nd of 184
1980
2015

$190B

Exports 22nd of 221
1980
2015

$192B

Imports 21st of 221
1980
2015

$46.3k

GDP Per Capita 21st of 184
1990
2015

Australia is the 22nd largest export economy in the world and the 82nd most complex economy according to the Economic Complexity Index (ECI). In 2015, Australia exported $190B and imported $192B, resulting in a negative trade balance of $1.77B. In 2015 the GDP of Australia was $1.34T and its GDP per capita was $46.3k.

The top exports of Australia are Iron Ore ($37.5B), Coal Briquettes ($30.2B), Petroleum Gas ($12.7B), Gold ($12.5B) and Wheat ($4.7B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($15.4B), Refined Petroleum ($13.2B), Computers ($7.08B), Crude Petroleum ($6.24B) and Packaged Medicaments ($5.31B).

The top export destinations of Australia are China ($62.3B), Japan ($30.7B), South Korea ($14.6B), the United States ($10.2B) and India ($10B). The top import origins are China ($45B), the United States ($23.2B), Japan ($14.4B), South Korea ($10.1B) and Thailand ($10.1B).

Australia is an island and borders Indonesia, Timor-Leste, New Caledonia, New Zealand, Papua New Guinea and the Solomon Islands by sea.

Economic Complexity of Australia

More on Australia from our other sites