Australia imported US$284.5 billion worth of products from around the world in 2024. Spanning a five-year timespan, that dollar amount reflects a 40.6% increase in spending from $202.3 billion that Australia paid for imports during 2020. Year over year, the total cost of Australian imports slowed to a 3.1% gain compared to $276 billion for 2023. Based on the average exchange … [Read more...] about Australia’s Top 10 Imports
Oceania
Australia’s Top 10 Exports
In 2024, the Commonwealth of Australia shipped an overall US$345.7 billion worth of exported products around the world. That dollar amount results from a 35.8% increase from $254.5 billion five years during 2020. From 2023 to 2024, overall sales of goods exported from Australia shrank -6.8% year over year compared to $370.9 billion in 2023. Many people overlook the … [Read more...] about Australia’s Top 10 Exports
New Zealand’s Top 10 Exports
A sovereign island country southeast of Australia in the southwestern Pacific Ocean, New Zealand shipped US$42.5 billion worth of exported products around the world in 2024. That dollar amount results from a 13.3% gain compared to $37.5 billion five years earlier during 2020. Year over year, the value of goods exported from New Zealand grew by 6.8% from $39.8 billion in … [Read more...] about New Zealand’s Top 10 Exports
Tonga’s Top 10 Exports
A group of 36 inhabited islands in the South Pacific, the Kingdom of Tonga shipped US$11.9 million worth of exported products around the world in 2023. That dollar amount reflects an -71.9% decrease from $42.5 million 5 years earlier in 2019. Year over year, the overall value of products exported from Tonga plunged by -80.7% compared to $61.9 million during 2022. Based on … [Read more...] about Tonga’s Top 10 Exports
Top Continents for Exported Products
Asian exporters accounted for 9.66 trillion or 41.5% of the overall US$24.487 trillion worth of exported products shipped during 2023, down from 42.6% in 2022. In second place were European countries trailed by suppliers in North America, Latin America excluding Mexico but including the Caribbean, Africa, then Oceania led by Australia and New Zealand. Below are key metric for … [Read more...] about Top Continents for Exported Products