Merchandise exports by the reporting economy in Australia

Australia: Merchandise exports by the reporting economy was 362.30 billion current US$ in 2023. ◆ Volatile

Latest (2023)
362.30 billion current US$
Change on year
down 9.8%
World rank
20th
of 204 countries
All-time high
401.69 billion current US$
in 2022
All-time low
1.87 billion current US$
in 1960
Years of data
64
1960–2023

Merchandise exports by the reporting economy in Australia, 1960–2023

0100.0B200.0B300.0B400.0B196019912023

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

The most recent figure for merchandise exports by the reporting economy in Australia is 362.30 billion current US$, measured in 2023.

That represents a change of down 9.8% on the previous year and up 45.9% over ten years.

Over the whole period, merchandise exports by the reporting economy in Australia peaked at 401.69 billion current US$ in 2022 and was at its lowest, 1.87 billion current US$, in 1960.

Australia ranks 20th of 204 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.80 billion current US$ 1.87 billion current US$ 4.06 billion current US$ 10
1970s 10.29 billion current US$ 4.56 billion current US$ 17.62 billion current US$ 10
1980s 23.58 billion current US$ 19.04 billion current US$ 34.72 billion current US$ 10
1990s 48.38 billion current US$ 37.25 billion current US$ 61.15 billion current US$ 10
2000s 103.74 billion current US$ 61.14 billion current US$ 183.08 billion current US$ 10
2010s 232.22 billion current US$ 182.62 billion current US$ 268.27 billion current US$ 10
2020s 336.39 billion current US$ 246.18 billion current US$ 401.69 billion current US$ 4

Countries ranked near Australia

  1. 17 Switzerland 420.01 billion current US$ compare
  2. 18 Spain 407.89 billion current US$ compare
  3. 19 Poland 379.47 billion current US$ compare
  4. 21 Vietnam 345.09 billion current US$ compare
  5. 22 Brazil 339.27 billion current US$ compare
  6. 23 Saudi Arabia 322.17 billion current US$ compare

See the full ranking of 252 places →

More private sector data for Australia

All data for Australia →

Frequently asked questions

What is merchandise exports by the reporting economy in Australia?
Merchandise exports by the reporting economy in Australia was 362.30 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports by the reporting economy recorded in Australia?
The highest recorded value was 401.69 billion current US$ in 2022.
What is the lowest merchandise exports by the reporting economy recorded in Australia?
The lowest recorded value was 1.87 billion current US$ in 1960.
How does Australia rank for merchandise exports by the reporting economy?
Australia ranks 20th out of 204 countries with data for 2023.
Is merchandise exports by the reporting economy rising or falling in Australia?
Over the last ten years it is up 45.9%. The long-run trend across the full record is volatile.
Where does this Australia data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Merchandise exports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 13,472 data points, 1960–2023
Last refreshed

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.