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Australia import Statistics

Australia Import Data

Australia, officially known as the Commonwealth of Australia, is an island nation in Oceania. Australia is a continent-wide arid and level nation. On that continent, it is among the oldest island nations.  The nation is ranked 74th in the world according to the complexity index. On the other hand, the nation ranked 13th in terms of GDP. Australia ranked 25th out of 226 nations in terms of total imports in 2023, according to Australia trade statistics. In today's globalized economy, countries rely heavily on imports to meet their domestic demands and fuel economic growth. Australia, known for its diverse and thriving marketplace, is no exception. Understanding Australia's import data is crucial for businesses, policymakers, and analysts to make informed decisions and gain a competitive edge. The Australia imports trade database that we provide, comes under two database reports - Statistical data and Bill of lading data.

As per Australia's import data, Australia imported goods worth $287.4 billion in 2023. Australia's goods imports declined by 5% in 2023 over the previous year. Based on Australia shipment data for 2023, vehicles are Australia’s biggest imports, while China is its biggest import partner. Australia’s total GDP is $1.72 trillion, with a GDP import share of 21.36%. Australia is a part of major trading blocs such as the WTO, APEC, CPTPP, and RCEP. Let us now explore the significance of Australia import data and highlight key insights for 2023.

Australia Import Data | Australia Shipment Data

25

The country has been ranked 25th in global imports, showing a significant position in the international trade and import landscape.

1.3%

With a mere 1.3% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise. 

CHINA

China holds a significant role as the largest import partner of the country in terms of goods imports.

VEHICLES

Vehicles are the major and biggest import commodities of the country, playing a vital role in its economy with its import share.

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Top 10 Imports of Australia: Australia Import Data by HS Code

One of the key drivers behind its success is its robust import sector, which plays a vital role in meeting domestic needs and bridging the gap between demand and supply. Petroleum oils and waste oils are the biggest imports of Australia in 2023. Australia’s top 10 imports in 2023 according to Australia import data and Australia trade data include:

  • Vehicles (HS code 87): 15.65% ($43.19 billion)
  • Mineral fuels and oils (HS code 27): 14.92% ($41.17 billion)
  • Nuclear reactors and machinery (HS code 84): 14.06% ($38.79 billion)
  • Electrical machinery and equipment (HS code 85): 10.5% ($28.97 billion)
  • Pharmaceutical products (HS code 30): 4.01% ($11.08 billion)
  • Optical, medical, or surgical instruments (HS code 90): 3.56% ($9.83 billion)
  • Precious stones and metals, pearls (HS code 71): 3.14% ($8.67 billion)
  • Plastics and articles thereof (HS code 39): 2.45% ($6.75 billion)
  • Articles of iron or steel (HS code 73): 2.16% ($5.97 billion)
  • Furniture, bedding, and mattresses (HS code 94): 1.74% ($4.80 billion)
    • Partners

    Top 10 Import Partners of Australia: Australia Import Data by Country

    Australia's import landscape is diverse and comprehensive, with a range of partners providing the country with various goods. From China's dominance in machinery and electronics to Japan's steadfast partnership, each import partner plays a crucial role in meeting Australia's diverse industry needs. The top 10 import partners of Australia in 2023 based on Australia shipment data and Australia trade activities include:

    Value In Percentage(%)

  • China: 25% (69.10 billion US$)
  • USA: 11.1% (30.67 billion US$)
  • South Korea: 6.4% (17.61 billion US$)
  • Japan: 6.3% (17.34 billion US$)
  • Thailand: 4.6% (12.56 billion US$)
  • Malaysia: 4.5% (12.32 billion US$)
  • Germany: 4.3% (11.95 billion US$)
  • Singapore: 3.9% (10.67 billion US$)
  • Vietnam: 2.3% (6.34 billion US$)
  • Italy: 2.3% (6.30 billion US$)
    • Sample Data

    What is Australia Import Data: Australia Statistical Data and B/L Data

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Australia's import data refers to information collected and compiled by the Australian government regarding imports entering the country. This data includes details such as the type of goods imported, their value, quantity, country of origin, and more. The Australian Customs and Border Protection Service, now known as the Australian Border Force, collects and maintains this data to ensure regulatory compliance and facilitate international trade. According to Australia's trade data for imports, Australia imported goods worth a total of $287.4 billion in 2023. The information we provide you on Australia's import data and Australia shipment data is highly helpful and informative. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. You will undoubtedly find our database and information to be very helpful in identifying the ideal market for gauging possible gains and market risks. We obtain trustworthy data from accredited ports, organizations, and other shipping firms in Australia.  We obtain trustworthy data from organizations, shipping businesses, government authorities, and customs ports. For traders and marketers, the Australia statistical trade data and Australia B/L data are crucial information that helps them make informed decisions. Everything can be obtained through this shipment data from the HS codes and HS code descriptions, the quantity, and the origin & destination country. We have included a sample of the shipment data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details. In our Australia statistical data report, we include the date, HS codes, HS code description, quantity, destination country, and value of each product from Australia shipment data. In our Australia B/L data, we also include the importer/exporter name, product description, quantity, HS code, and port name. In this comprehensive statistical database and B/L database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. 

    Benefits

    Benefits of Australia Import Data

  • Expand your enterprise into the Australian Market.
  • View Australia's most recent product demand and price projections.
  • Get access to the latest import trends in Australia.
  • Give your marketing plan an approach based on data.
  • Create a powerful brand identity in Australia.
  • Create more ROI and long-term company goals.

    • Frequently Asked Questions!!

    As of the Australia trade statistics for 2023, the latest available data from the Australian import data shows that the country's total imports amounted to $287.4 billion.

    Based on Australia trade records for 2023, Australia's top imports include nuclear reactors and machinery, vehicles, electrical machinery, and pharmaceuticals. 

    As per Australia trade activities for 2023, Australia's top import partner is China, followed by the United States and Japan.

    Australia's import data has been slightly decreasing over the years, with a 5% decline from the previous year to 2023.

    Australia has seen a significant increase in imports of medical equipment and pharmaceutical products in 2023.

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