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Foreign Trade in Figures

Australia is very open to international trade, which represents 46% of its GDP (World Bank, 2025). According to Comtrade data, the country’s goods exports in 2025 were led by iron ores and concentrates (23.2% of the total), followed by coal (12.3%), natural gas (11.8%), gold (11.4%), and frozen beef (2.3%). On the other hand, imports mostly comprised refined petroleum (9.6%), passenger motor cars (7.5%), gold (4.3%), computers (3.5%), and goods vehicles (3.3%).

Australia’s main export partners in 2025 were China (30.3%), Japan (7.5%), the U.S. (7.4%), South Korea (5.9%), the United Kingdom (4.1%), and India (3.9%). The top five importing partners for Australia were China (26.7%), the U.S. (11.0%), Japan (5.3%), South Korea (4.7%), and Singapore (4.2% - data Comtrade). Structurally, Australian foreign trade is highly dependent on the Chinese economic situation and the country's diplomatic relations with China. The EU is Australia's third-largest trading partner: after eight years of talks, the two parties concluded negotiations on a free trade agreement on 24 March 2026, which will eliminate almost all tariffs. The agreement is expected to be signed by the end of 2026 or early 2027, with entry into force likely in late 2027. On the 15th of November 2020, Australia also signed the Regional Comprehensive Economic Partnership (RCEP) with 14 other Indo-Pacific countries. This free trade agreement is the largest trade deal in history, covering 30% of the global economy. It includes the Association of Southeast Asian Nations (ASEAN: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam) and ASEAN’s free trade agreement partners (Australia, China, India, Japan, New Zealand and the Republic of Korea). The RCEP covers goods, services, investment, economic and technical cooperation. It also creates new rules for electronic commerce, intellectual property, government procurement, competition, and small and medium-sized enterprises.

The country's trade balance was characterised by a structural deficit until 2007, but since then the country has been alternating between periods of surplus and deficit. In 2025, Australia exported USD 337.6 billion in goods and USD 91.6 billion in services (-1.0% and +8.5% y-o-y, respectively); whereas imports stood at USD 310.6 billion for goods and USD 115.8 billion for services (+4.8% and +5.8%, respectively – data WTO). The overall trade balance was estimated to be positive by 0.6% of GDP by the World Bank (from 2.1% one year earlier).

 
Foreign Trade Values 20212022202320242025
Imports of Goods (million USD) 261,165309,189287,406296,340310,631
Exports of Goods (million USD) 344,864412,683371,407340,827337,582
Imports of Services (million USD) 50,14379,943101,429109,460115,672
Exports of Services (million USD) 45,83853,33876,73884,41691,529

Source: World Trade Organisation (WTO) ; Latest available data

Foreign Trade Indicators 20212022202320242025
Foreign Trade (in % of GDP) 40.245.749.047.145.9
Trade Balance (million USD) 86,043112,43284,01844,24828,482
Trade Balance (Including Service) (million USD) 81,91885,98259,42019,1534,262
Imports of Goods and Services (Annual % Change) -3.17.312.16.33.1
Exports of Goods and Services (Annual % Change) -8.5-0.36.73.80.8
Imports of Goods and Services (in % of GDP) 18.220.222.322.522.7
Exports of Goods and Services (in % of GDP) 22.025.526.724.623.2

Source: World Bank ; Latest available data

Foreign Trade Forecasts 2026 (e)2027 (e)2028 (e)2029 (e)2030 (e)
Volume of exports of goods and services (Annual % change) 4.63.93.53.43.4
Volume of imports of goods and services (Annual % change) 4.92.62.42.22.2

Source: IMF, World Economic Outlook ; Latest available data

Note: (e) Estimated Data

 
International Economic Cooperation
Australia is a member of the following international economic organisations: OECD, Asia-Pacific Economic Cooperation (APEC), WTO, G-20, Pacific Islands Forum (PIF), ICC, among others. For the full list of economic and other international organisations in which participates Australia click here. International organisation membership of Australia is also outlined here.
Free Trade Agreements
Australia is a member of Regional Comprehensive Economic Partnership (RCEP) signed on 15 November 2020. The complete and up-to-date list of Free Trade Agreements signed by Australia can be consulted here.
 

Main Partner Countries

Main Customers
(% of Exports)
2025
China 30.3%
Japan 7.5%
United States 7.4%
South Korea 5.9%
United Kingdom 4.1%
See More Countries 44.8%
Main Suppliers
(% of Imports)
2025
China 26.7%
United States 11.0%
Japan 5.3%
South Korea 4.7%
Singapore 4.2%
See More Countries 48.0%

Source: Comtrade, 2026. Because of rounding, the sum of the percentages may be smaller/greater than 100%.

 
 

Main Products

335.8 bn USD of products exported in 2025
Iron ores and concentrates, incl. roasted iron...Iron ores and concentrates, incl. roasted iron pyrites 23.2%
Coal; briquettes, ovoids and similar solid fuels...Coal; briquettes, ovoids and similar solid fuels manufactured from coal 12.3%
Petroleum gas and other gaseous hydrocarbonsPetroleum gas and other gaseous hydrocarbons 11.8%
Gold, incl. gold plated with platinum, unwrought...Gold, incl. gold plated with platinum, unwrought or not further worked than semi-manufactured or in powder form 11.4%
Meat of bovine animals, frozenMeat of bovine animals, frozen 2.3%
See More Products 39.0%
310.0 bn USD of products imported in 2025
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 9.6%
Motor cars and other motor vehicles principally...Motor cars and other motor vehicles principally designed for the transport of persons, incl. station wagons and racing cars (excl. motor vehicles of heading 8702) 7.5%
Gold, incl. gold plated with platinum, unwrought...Gold, incl. gold plated with platinum, unwrought or not further worked than semi-manufactured or in powder form 4.3%
Automatic data-processing machines and units...Automatic data-processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, n.e.s. 3.5%
Motor vehicles for the transport of goods, incl....Motor vehicles for the transport of goods, incl. chassis with engine and cab 3.3%
See More Products 71.8%

Source: Comtrade, 2026. Because of rounding, the sum of the percentages may be smaller/greater than 100%.

 
 

To go further, check out our service Import-Export Flows.

 

Main Services

Source: United Nations Statistics Division, 2026. Because of rounding, the sum of the percentages may be smaller/greater than 100%.

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Actualitzacions: October 2026

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