Australia

0.09

Econ Complexity 59th of 126
1980
2017

$243B

Exports 20th of 221
1980
2017

$199B

Imports 22nd of 221
1980
2017

$48.5k

GDP Per Capita 22nd of 214
1990
2017
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Looking for commercial partners in Australia? List your company on Macro Market.

Australia is the 20th largest export economy in the world and the 59th most complex economy according to the Economic Complexity Index (ECI). In 2017, Australia exported $243B and imported $199B, resulting in a positive trade balance of $44B. In 2017 the GDP of Australia was $1.32T and its GDP per capita was $48.5k.

The top exports of Australia are Iron Ore ($48.2B), Coal Briquettes ($47B), Gold ($29.1B), Petroleum Gas ($20.3B) and Wheat ($4.88B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($18.1B), Refined Petroleum ($14.4B), Special Purpose Ships ($9B), Broadcasting Equipment ($7.22B) and Delivery Trucks ($6.8B).

The top export destinations of Australia are China ($85B), Japan ($34.6B), South Korea ($18B), India ($14.8B) and Hong Kong ($14.2B). The top import origins are China ($47B), the United States ($20.5B), South Korea ($18.7B), Japan ($16.3B) and Thailand ($10.6B).

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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