Australia (AUS) and India (IND) Trade | The Observatory of Economic Complexity

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Australia-India Trade: In 2023, Australia exported $19.9B to India. The main products that Australia exported to India were Coal Briquettes ($14B), Gold ($2.35B), and Dried Legumes ($562M). Over the past 5 years the exports of Australia to India have increased at an annualized rate of 5.6%, from $15.2B in 2018 to $19.9B in 2023.

In 2009, Australia exported services to India worth $2.67B, with Travel ($2.56B), Transportation ($34.8M), and Other business services ($34.8M) being the largest in terms of value.

India-Australia In N/A, India did not export any products to Australia.

In 2023, India did not export any services to Australia.

Comparison: In 2023, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B). That same year, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Australia exported $19.9B to India. The main products exported from Australia to India were Coal Briquettes ($14B), Gold ($2.35B), and Dried Legumes ($562M). During the last 5 years the exports of Australia to India have increased at an annualized rate of 5.6%, from $15.2B in 2018 to $19.9B in 2023.

India does not register exports to Australia. The main products exported from India to Australia were Refined Petroleum ($1.6B), Packaged Medicaments ($504M), and Jewellery ($172M).

Exports from Australia () to India () (2023)

Exports from India () to Australia () (2023)

Latest Data

Trade between Australia () and India ()

Australia Exports

Date

India Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Australia
Top DestinationChina$137B

India
Top DestinationUnited States$85.5B

This map shows whether countries import more from Australia or India. Each country is colored based on the difference in imports they receive from Australia and India or the difference in the growth in imports.

In 2023, countries that imported more from Australia than India included China ($137B), Japan ($59B), and Chinese Taipei ($17.4B).

In 2023, countries that imported more from India than Australia included United States ($85.5B), United Arab Emirates ($28.8B), and Saudi Arabia ($11.4B).

Difference in imports from India () and Australia () (2023)

Comparative Advantage Australia - India

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Australia and India by product, considering products traded by both, Australia and India.

During 2023, Australia had a large net trade with India in the exports of Mineral Products ($15.1B), Precious Metals ($2.37B), and Vegetable Products ($749M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Australia India+$765MGold

Top Product Potential India Australia+$910MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Australia and India. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over Australia.

About

Historical Data

Bilateral Trade by Products

Exports from Australia () to India () (2023)

Exports from India () to Australia () (2023)

Latest Data

Trade between Australia () and India ()

Australia Exports

India Exports

Market Competitiveness

Difference in imports from India () and Australia () (2023)

Comparative Advantage Australia - India

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Australia () and India () (2023)

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