Country import demand

Australia
import demand

A reported view of Australia's import scale, sector demand, supplier breadth, economy, and trade history.

AUS1995-2024 coverage270 active partner marketsMacro trend resilient
Latest imports$279.6B2024 reported
Import growth+0.7%Year on year
Population27.2MReported population
GDP per capita$64.6KCurrent-dollar GDP
Trade openness32.2%Exports + imports / GDP

The country import read

What does Australia import?

In 2024, Australia recorded $279.6B in reported imports. Imports changed +0.7% year on year and +4.3% annualized over three years. Mineral fuels was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$223.4B
2014
$218.1B
2015
$194.3B
2016
$182.6B
2017
$216.6B
2018
$221.5B
2019
$210.3B
2020
$200.5B
2021
$246.4B
2022
$289.6B
2023
$277.8B
2024
$279.6B

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$1.8T2024 macro context
GDP growth4.7%Five-year CAGR
Population growth1.4%Five-year CAGR
Investment rate27.2%National rate
Savings rate24.9%National rate
Trade openness32.2%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Australia
RankSectorImportsShareImport partnersActive HS6
1Mineral fuelsHS2 27$37.4B13.4%9242
2Ores, slag and ashHS2 26$714.8M0.3%6237
3Precious stones and metalsHS2 71$7.8B2.8%13751
4Meat and edible meat offalHS2 02$660.9M0.2%3362
5CerealsHS2 10$278.0M0.1%6126
6Inorganic chemicalsHS2 28$1.9B0.7%82172
7MachineryHS2 84$39.5B14.1%172515
8AluminiumHS2 76$2.6B0.9%10135
9CopperHS2 74$1.0B0.4%8149
10Salt, sulphur, earths and stoneHS2 25$518.4M0.2%10266

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration1,741.2Partner HHI
Top 3 partner share59.4%Reported concentration
FTA partner markets33Reported count
Average distance12,441 kmCalculated average
Macro resilienceMacro trend resilientCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

Profile fields

Year2,024
Country Iso3AUS
Exports Usd$343.3B
Imports Usd$279.6B
Trade Balance Usd$63.8B
Yoy Exports Growth Pct-9.3%
Yoy Imports Growth Pct0.7%
Exports Cagr 3y Pct-0.1%
Imports Cagr 3y Pct4.3%
Export Partner Hhi1,741.2
Export Product Hhi1,097.8
Momentum Score-6.5
Risk Score14.2
Gdp Million Usd1,757,022.5 million USD
Gdp Per Capita Usd$64.6K
Population27,196,812
Labor Force13,940
Investment Rate Pct27.2%
Savings Rate Pct24.9%
Secondary Education Pct95.7%
Tertiary Education Pct35.7%
Total Factor Productivity2,845.2
Trade Openness Pct32.2%
Exports Gdp Pct17.7%
Num Active Partners270
Num Fta Partners33
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners0%
Num Shared Language Partners77%
Avg Partner Distance Km12,441 km
Avg Partner Gdp Million Usd533,678,518.3 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta12
Pct Partners Shared Language28.5%
Pct Partners Shared Border0%
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp0.1
Avg Distance All Partners Km12,690 km
Num Border Partners0
Num Colonial Partners115
Avg Substitution Elasticity-10.7
Pct Products High Elasticity75.4
Pct Products Low Elasticity2.7
Real Market Potential316,502.8
Foreign Market Potential10,005.3

Supplier context

Country Iso3AUS
All History Lane Count28,219
Current Lane Count18,427
Critical Lane Count223
High Attention Lane Count3,001
High Volatility Lane Count11,102
Unrecovered Drawdown Lane Count9,890
Declining Demand Lane Count104
Concentrated Market Lane Count8,266
Access Friction Lane Count7,805
Buyer Macro Weakness Lane Count1,856
Monitored Exports Current Usd$336.2B
Attention Exports Usd$230.0B
Critical Exports Usd$44.5B
High Volatility Exports Usd$114.6B
Unrecovered Drawdown Exports Usd$74.5B
Non Fta Exports Usd$65.3B
Monitored Attention Share Pct68.4%
Monitored Critical Share Pct13.2%
Fta Covered Exports Share Pct80.5%
Export Weighted Volatility Cv1
Export Weighted Below Peak Pct32.1%
Export Weighted Distance Km9,327 km
Export Weighted Tariff Pct0.2%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$343.3B
Total Imports Latest Usd$279.6B
Trade Balance Latest Usd$63.8B
Exports Yoy Latest Pct-9.3%
Exports Cagr 3y Latest Pct-0.1%
Gdp Latest Million Usd1,757,022.5 million USD
Gdp Per Capita Latest Usd$64.6K
Population Latest27,196,812
Investment Rate Latest Pct27.2%
Savings Rate Latest Pct24.9%
Trade Openness Latest Pct32.2%
Exports Gdp Latest Pct17.7%
Active Partners Latest270
Fta Partners Latest33
Foreign Market Potential Latest10,005.3
Gdp 5y Cagr Pct4.7%
Gdp Per Capita 5y Cagr Pct3.2%
Population 5y Cagr Pct1.4%
Partner Hhi Latest1,741.2
Partner Top1 Share Latest Pct37.1%
Partner Top3 Share Latest Pct59.4%
Partner Hhi All Avg1,272.5
Partner Hhi All Max2,103.1
Product Hhi Latest1,097.8
Product Top1 Share Latest Pct24.6%
Product Top3 Share Latest Pct53.8%
Product Hhi All Avg682.3
Product Hhi All Max1,522.3
Total Exports Attention Share Pct67%
Total Exports Critical Share Pct13%
Attention LevelHigh attention
Primary Risk DriverHigh trade volatility
Macro Resilience LabelMacro trend resilient

Annual import history

YearImportsExportsBalanceImports YoY
1995$53.6B$51.7B-$1.9B+0%
1996$56.8B$58.1B$1.3B+6%
1997$57.7B$60.2B$2.5B+1.6%
1998$57.3B$53.3B-$4.0B-0.8%
1999$61.2B$53.5B-$7.7B+6.9%
2000$67.2B$65.4B-$1.7B+9.7%
2001$61.2B$64.4B$3.2B-8.9%
2002$69.6B$65.2B-$4.3B+13.7%
2003$85.1B$70.7B-$14.4B+22.2%
2004$103.2B$87.5B-$15.7B+21.4%
2005$116.8B$106.5B-$10.4B+13.1%
2006$131.6B$124.6B-$7.0B+12.7%
2007$155.0B$144.4B-$10.6B+17.7%
2008$186.9B$188.5B$1.6B+20.6%
2009$154.0B$156.0B$2.0B-17.6%
2010$186.6B$210.1B$23.5B+21.2%
2011$223.9B$266.1B$42.2B+20%
2012$237.7B$258.3B$20.6B+6.1%
2013$223.4B$256.3B$32.8B-6%
2014$218.1B$247.0B$28.9B-2.4%
2015$194.3B$193.3B-$1.1B-10.9%
2016$182.6B$188.5B$5.9B-6%
2017$216.6B$235.5B$18.9B+18.6%
2018$221.5B$257.1B$35.6B+2.3%
2019$210.3B$272.2B$61.9B-5.1%
2020$200.5B$248.5B$48.0B-4.7%
2021$246.4B$344.0B$97.6B+22.9%
2022$289.6B$413.1B$123.6B+17.5%
2023$277.8B$378.4B$100.7B-4.1%
2024$279.6B$343.3B$63.8B+0.7%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
127Mineral fuels$37.4B13.4%9242
226Ores, slag and ash$714.8M0.3%6237
371Precious stones and metals$7.8B2.8%13751
402Meat and edible meat offal$660.9M0.2%3362
510Cereals$278.0M0.1%6126
628Inorganic chemicals$1.9B0.7%82172
784Machinery$39.5B14.1%172515
876Aluminium$2.6B0.9%10135
974Copper$1.0B0.4%8149
1025Salt, sulphur, earths and stone$518.4M0.2%10266

Questions about this profile

Australia import demand, in context

Short answers for import and supplier research.

What does the Australia import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Australia.

What is the latest reported import value for Australia?

Australia recorded $279.6B in reported imports in 2024.

Which sectors lead Australia's imports?

Mineral fuels leads by reported import value at $37.4B.

How many years of Australia import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

No. They are calculated or classified from reported observations, not forecasts or guarantees.

Continue your research

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Compare countries, products, sectors, and suppliers using reported trade data.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.