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Australia Exports (% GDP)

Australia's exports (% GDP) fell to 24.71% in 2024, down from 26.8% in 2023, according to World Bank. This represents a decrease of 2.09% from the previous year. Australia has exports (% GDP) lower than the global median (24.71% vs median 37.25%). Compared with the median in Oceania, Australia is higher (24.71% vs regional median 23.72%) and ranks 8th out of 17 countries in Oceania.

Australia's imports (% GDP) rose to 22.61% in 2024, up from 22.43% in 2023.

Yearly Historical Data (1960-2024)

(in %)
Year Exports (% GDP)
2024 24.71%
2023 26.8%
2022 25.53%
2021 22.06%
2020 24.03%
2019 24.16%
2018 21.89%
2017 21.26%
2016 19.28%
2015 20.07%
2014 21.09%
2013 19.98%
2012 21.49%
2011 21.44%
2010 19.8%
2009 23.01%
2008 20.15%
2007 20.18%
2006 19.85%
2005 18.22%
2004 17.16%
2003 19.06%
2002 20.73%
2001 22.15%
2000 19.39%
1999 18.29%
1998 19.56%
1997 19.13%
1996 18.89%
1995 17.87%
1994 17.97%
1993 17.54%
1992 16.66%
1991 16.03%
1990 15.11%
1989 15.12%
1988 15.95%
1987 15.46%
1986 14.97%
1985 15.22%
1984 13.56%
1983 13.57%
1982 13.52%
1981 14.89%
1980 16.41%
1979 14.29%
1978 13.61%
1977 14%
1976 13.5%
1975 14.26%
1974 13.13%
1973 14.13%
1972 12.8%
1971 12.64%
1970 12.95%
1969 11.93%
1968 12.28%
1967 12.86%
1966 12.91%
1965 13.2%
1964 14.91%
1963 12.98%
1962 13.92%
1961 12.38%
1960 12.97%
Australia Exports (% GDP) : Definition
Exports (% GDP) measures the value of goods and services sold abroad by Australia compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $340.85B $369.24B 2024
Annual Imports $296.48B $287.86B 2024
Balance of Trade AUD 1.8B AUD 6.6B Aug'25
Exports AUD 41.9B AUD 45.4B Aug'25
FDI Inflows (% GDP) 3.15% 1.88% 2024
Imports AUD 40B AUD 38.7B Aug'25
Imports (% GDP) 22.61% 22.43% 2024
Net Trade (Goods & Services, BoP) $19.82B $59.3B 2024
Tariff Rate 2.01% 1.93% 2022
Trade (% GDP) 47.31% 49.23% 2024