Australia Trade Profile '22

Industrial property Agricultural products Transport Nonagricultural products Other commercial services Travel Merchandise trade Trade in commercial services

Trade Profiles 2022

GDP (million current US$, 2021) 1 633 290 Rank in world trade, 2021 Exports Imports GDP per capita (US$, 2019-2021) 56 884 Merchandise 21 25 Current account balance (% GDP, 2021) 3.5 excluding intra-EU trade 16 19 Trade per capita (US$, 2019-2021) 12 149 Commercial services 28 31 Trade (% GDP, 2019-2021) 21.4 excluding intra-EU trade 17 20 Value Million US$ 2021 344 829 261 165 2021 2021 1.54 1.16 Breakdown in economy's total exports Breakdown in economy's total imports Value Value Top exported products (Million US$) 2021 Top imported products (Million US$) 2021 HS1001 Wheat and meslin 7 106 HS2106 Other food preparations 1 694 HS0202 Meat of bovine animals, frozen 3 983 HS1905 Bread, pastry, other bakers' wares 893 HS0204 Meat of sheep or goats, fresh 3 231 HS2204 Wine of fresh grapes 758 HS0201 Bovine meat, fresh, chilled 2 861 HS2208 Alcohol of less than 80% volume 696 HS5101 Wool, not carded or combed 2 336 HS2309 Preparations of a kind used in animal feeding 608 Share in economy's trade in agricultural products Value Million US$ 2021 2010-2021 2020 2021 Exports 42 310 5 -9 40 Imports 16 228 5 3 4 Value Value Top exported products (Million US$) 2021 Top imported products (Million US$) 2021 HS2601 Iron ores and concentrates 115 827 HS2710 Petroleum oils, other than crude 19 886 HS2701 Coal; briquettes, ovoids 46 599 HS8703 Motor cars for transport of persons 18 061 HS2711 Petroleum gases 38 226 HS8471 Automatic data-processing machines 9 561 HS7108 Gold 17 481 HS8704 Motor vehicles for goods transport 9 086 HS2709 Petroleum oils, crude 7 607 HS8525 Radio-telephony transmission tools 8 717 Share in economy's trade in non-agricultural products Value Million US$ 2021 2010-2021 2020 2021 Exports 291 378 5 -5 65 Imports 241 643 2 -4 26 By main commodity group, % (2020) By main destination, % (2021) By main origin, % (2021) Annual percentage change Annual percentage change

Merchandise exports, f.o.b. 4 -7 37 Merchandise imports, c.i.f. Annual percentage change 2010-2021 2020 2021 2 -4 23 Share in world total imports (%) By main commodity group, % (2020) Share in world total exports (%) 0% 20% 40% 60% HS2601 HS2701 HS2711 HS7108 HS2709 Exports 0% 5% 10% HS2710 HS8703 HS8471 HS8704 HS8525 Imports 0% 5% 10% 15% HS2106 HS1905 HS2204 HS2208 HS2309 Imports 0% 10% 20% HS1001 HS0202 HS0204 HS0201 HS5101 Exports Agricultural products: 12.5 Fuels and mining products: 67.5 Manufactures: 10.3 Other: 9.6 Agricultural products: 8.3 Fuels and mining products: 9.8 Manufactures: 76.7 Other: 5.3 China: 34.2 Japan: 8.9 Korea, Republic of: 6.6 India: 4 United States of America: 3.2 Other: 43.2 China: 27.9 European Union: 15.7 United States of America: 10.2 Japan: 6 Thailand: 4.4 Other: 35.8

22 World Trade Organization – Trade Profiles 2022

Value Million US$ 2021 44 547 37 896 2021 2021 0.74 0.68 Breakdown in economy's total exports Breakdown in economy's total imports Value FATS sales 2018 Inward (million US$) na Outward (million US$) 73 330 Value Million US$ 2021 Exports 2 844 Imports 13 596 Exports Value Imports Value Share (%) By sea na By sea na na By air na By air na na By other na By other na na Value Million US$ 2021 Exports 17 538 Imports 744 Million US$ Value 2021 Other commercial services Exports 24 118 Imports 23 174 2021 Goods-related services Exports 46 Imports 383 Residents Total Residents Total Residents Total 2 368 26 926 29 294 51 614 28 956 80 570 2 664 4 695 7 359 Travel exports (Index 2010=100) na -37 2020 Travel 2021 2010-2021 Transport exports (Index 2010=100) -12 0 -29 48 Annual percentage change Share (%) na na na na na -47 na na na 2010-2018 2017 2018 Annual percentage change By main services item, % (2021) By main origin, % (2020) -30 -9 -4 2010-2021 2020 0 Commercial services exports Commercial services imports -1 2021

By main services item, % (2021) By main destination, % (2020) Share in world total exports (%) Share in world total imports (%) Annual percentage change Transport Annual percentage change 2010-2021 2020 2021 -6 -41 -5 -28 -44 -32 -81 -89 INDUSTRIAL PROPERTY 4 -52 -2 8 2 3 Non-residents Non-residents Non-residents Other Commercial Services and Goods-related Services 2020 5 22 Annual percentage change 2010-2021 2021 2010-2021 2020 2021 140 -5 6 Exports of OCS by main item (2021) Patent applications, 2020 Trademark applications, 2020 Industrial design applications, 2020 0 100 200 2010 2014 2018 2021 Australia World 0 100 200 2010 2014 2018 2021 Australia World Transport: 6.4 Travel: 39.4 Other commercial services: 54.1 Goods-related services: 0.1 Transport: 35.9 Travel: 2 Other commercial services: 61.2 Goods-related services: 1 China: 17.4 European Union (28): 12.4 United States of America: 10.6 India: 9.7 New Zealand: 5 Other: 44.8 European Union (28): 28.4 United States of America: 18.8 Singapore: 6.6 New Zealand: 5.1 Hong Kong, China: 4 Other: 37.1 35.3 23.0 18.1 23.6 Other business services Personal & cultural ICTs Other Australia 23 World Trade Organization – Trade Profiles 2022