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Australia Tariff Rate

Australia's tariff rate rose to 2.01% in 2022, up from 1.93% in 2021, according to World Bank. This represents an increase of 0.08% from the previous year. Australia has tariff rate lower than the global median (2.01% vs median 5.90%). Compared with the median in Oceania, Australia is lower (2.01% vs regional median 8.34%) and ranks 12th out of 12 countries in Oceania.

Yearly Historical Data (1991-2022)

(in %)
Year Tariff Rate (%)
2022 2.01%
2021 1.93%
2020 1.97%
2019 2.03%
2018 2.22%
2017 2.23%
2016 2.3%
2015 2.5%
2014 2.84%
2013 2.77%
2012 2.76%
2011 2.8%
2010 2.85%
2009 4.05%
2008 4.06%
2007 3.91%
2006 3.83%
2005 4.27%
2004 5.19%
2003 5.12%
2002 5.1%
2001 5.37%
2000 6.55%
1999 6.74%
1998 6.99%
1997 7.63%
1996 7.75%
1993 9.67%
1991 20.1%
Australia Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Australia on all products, expressed as a percentage.
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
Imports (% GDP) 22.61% 22.43% 2024
Net Trade (Goods & Services, BoP) $19.82B $59.3B 2024
Trade (% GDP) 47.31% 49.23% 2024