India vs Australia: 2023 Trade Comparison
Side-by-side stats from CEPII BACI. Bold values mark the larger figure.
| India | Metric | Australia |
|---|---|---|
| $455.43B | Total exports | $385.78B |
| $664.68B | Total imports | $283.23B |
| $-209.25B | Trade balance | $102.54B |
| $1.12T | Total trade volume | $669.01B |
| #12 | Global export rank | #19 |
| #8 | Global import rank | #22 |
Direct trade between India and Australia
India → Australia
$8.00B
Australia → India
$21.14B
India top exports
- preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$79.55B
- non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set$19.51B
- consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$18.07B
- Telephones for cellular networks or for other wireless networks$15.79B
- of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof$11.06B
Australia top exports
- non-agglomerated$93.03B
- bituminous, whether or not pulverised, but not agglomerated$61.65B
- liquefied, natural gas$46.19B
- gold, non-monetary, unwrought (but not powder)$16.20B
- (other than anthracite and bituminous), whether or not pulverised but not agglomerated$14.80B
Shared top trade partners
Both countries appear as major export destinations for 2 of the same partners:
ChinaUSA