Australia-Other Asia, nes Bilateral Trade Analysis 2023
Complete trade statistics: $23.29B total volume •Australia surplus: $11.13B
Australia → Other Asia, nes
$17.21B
Exports (2023)
Other Asia, nes → Australia
$6.08B
Imports (2023)
Trade Balance
$11.13B
Surplus for Australia
Total Trade
$23.29B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Australia and Other Asia, nes. Green line shows exports from Australia, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Australia-Other Asia, nes commercial relationship and competitive positioning in global markets.
Australia → Other Asia, nes Exports
Export Market Intelligence
🎯 Strategic Export Focus
Australia's export portfolio to Other Asia, nes demonstrates strong diversification across multiple sectors, with coal: bituminous, whether or not pulverised, but not agglomerated representing a key competitive advantage in this bilateral market.
Other Asia, nes → Australia Imports
Import Dependency Profile
📦 Import Strategy Analysis
Australia's import pattern from Other Asia, nes reveals significant dependencyin petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Australia demonstrates competitive strength in exportingcoal: bituminous, whether or not pulverised, but not agglomerated to Other Asia, nes, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $23.29B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Australia-Other Asia, nes Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $23.29 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Australia maintains a surplus of $11.13 billion
- Export Focus: Australia's primary exports include coal: bituminous, whether or not pulverised, but not agglomerated, petroleum gases and other gaseous hydrocarbons: liquefied, natural gas, iron ores and concentrates: non-agglomerated
- Import Dependencies: Key imports from Other Asia, nes include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, sodium hydroxide (caustic soda): in aqueous solution (soda lye or liquid soda), communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents a significant global trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $23.29B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Australia leveraging its comparative advantages in coal: bituminous, whether or not pulverised, but not agglomerated.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Australia's specialization in coal: bituminous, whether or not pulverised, but not agglomeratedcomplements Other Asia, nes's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $23.29B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $23.29B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $23.29 billion bilateral trade volume represents a significant economic factorfor both economies.
Industrial Integration
Trade flows in coal: bituminous, whether or not pulverised, but not agglomerated and petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Australia's trade surplus of $11.13 billion strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Australia and Other Asia, nes represents a total trade volume of $23.29 billion in 2023. This partnership demonstrates a favorable trade balance for Australia, with exports exceeding importsby $11.13 billion.
Export Strengths
Australia's exports to Other Asia, nes total $17.21 billion, with competitive advantages in coal: bituminous, whether or not pulverised, but not agglomerated, representing $6.79B or39.5% of bilateral exports.
Import Dependencies
Imports from Other Asia, nes amount to $6.08 billion, highlighting economic interdependence in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, with Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils comprising43.2% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Australia's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Australia and Other Asia, nes in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023