Australia is the 22nd largest export economy in the world and the 60th most complex economy according to the Economic Complexity Index (ECI). In 2016, Australia exported $195B and imported $187B, resulting in a positive trade balance of $7.92B. In 2016 the GDP of Australia was $1.2T and its GDP per capita was $46k.
The top exports of Australia are Iron Ore ($38.1B), Coal Briquettes ($30.7B), Gold ($20.5B), Petroleum Gas ($14.2B) and Aluminium Oxide ($4.22B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($16.6B), Refined Petroleum ($10.7B), Computers ($6.13B), Packaged Medicaments ($5.61B) and Crude Petroleum ($5.42B).
The top export destinations of Australia are China ($65.4B), Japan ($27.2B), South Korea ($14.2B), India ($9.3B) and the United States ($8.86B). The top import origins are China ($43.8B), the United States ($21.5B), Japan ($14.5B), Thailand ($11.6B) and Germany ($10.1B).