Australia

0.27

Econ Complexity 49th of 89
1980
2016

$195B

Exports 22nd of 221
1980
2016

$187B

Imports 23rd of 221
1980
2016

$46k

GDP Per Capita 12th of 89
1990
2016
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Looking for commercial partners in Australia? List your company on Macro Market.

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).

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

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