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Australia Imports (% GDP)

Australia's imports (% GDP) rose to 22.61% in 2024, up from 22.43% in 2023, according to World Bank. This represents an increase of 0.18% from the previous year. Australia has imports (% GDP) lower than the global median (22.61% vs median 45.74%). Compared with the median in Oceania, Australia is lower (22.61% vs regional median 69.13%) and ranks 17th out of 17 countries in Oceania.

Australia's exports (% GDP) fell to 24.71% in 2024, down from 26.8% in 2023.

Yearly Historical Data (1960-2024)

(in %)
Year Imports (% GDP)
2024 22.61%
2023 22.43%
2022 20.29%
2021 18.25%
2020 20.64%
2019 22.03%
2018 21.84%
2017 20.95%
2016 21.7%
2015 21.6%
2014 21.4%
2013 21.3%
2012 21.67%
2011 20.41%
2010 20.73%
2009 22.73%
2008 22.7%
2007 21.82%
2006 21.71%
2005 20.94%
2004 19.85%
2003 21.14%
2002 20.72%
2001 22.07%
2000 21.54%
1999 20.74%
1998 20.44%
1997 18.85%
1996 19.34%
1995 19.83%
1994 18.49%
1993 17.86%
1992 16.39%
1991 16.16%
1990 17.04%
1989 16.95%
1988 16.61%
1987 17.05%
1986 18.04%
1985 17.27%
1984 14.98%
1983 15.6%
1982 16.81%
1981 16.72%
1980 15.89%
1979 15.34%
1978 14.57%
1977 14.63%
1976 13.36%
1975 14.71%
1974 13.19%
1973 11%
1972 11.95%
1971 12.91%
1970 13.2%
1969 13.31%
1968 14.46%
1967 13.87%
1966 15.1%
1965 15.24%
1964 13.74%
1963 13.81%
1962 12.61%
1961 15%
1960 14.04%
Australia Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries 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
Exports (% GDP) 24.71% 26.8% 2024
FDI Inflows (% GDP) 3.15% 1.88% 2024
Imports AUD 40B AUD 38.7B Aug'25
Net Trade (Goods & Services, BoP) $19.82B $59.3B 2024
Tariff Rate 2.01% 1.93% 2022
Trade (% GDP) 47.31% 49.23% 2024