The Australia Export Data: 2024 Overview

Australia, a country rich in natural resources, has recorded itself as the topmost exporter of the 20 exporting nations in the world. The government alone has exported products worth 330 billion US dollars in 2021 with their rapid recovery from the pandemic. Mineral resources have been the dominating commodity of the country’s exports, following coal, iron ore, gold, and natural gas. Australia's Import Data indicates that petroleum fuels account for 42% of the country’s total merchandise imports. Agricultural goods, such as wheat, beef, wool, dairy products, and wine, also contribute substantially to the country's annual export revenue.

The strong trade relationship of the nation with countries all over the world like China, Japan, South Korea, the United Kingdom, and the United States has been fueling up the overall revenue rate. The government authorities through various initiatives have been also fostering the export reach of the management authorities in the global international trade market. The annual revenue of the export market has reached a staggering rate of 457 billion US dollars in 2025.

GOVERNMENT INITIATIVES FOSTERING THE EXPORT MARKET OF AUSTRALIA IN 2024

The free trade agreement, initiated by the government authorities to reduce trade barriers and facilitate smoother trade relations, has strengthened the bilateral trade relationship with emerging countries like China and Japan. The export market development grant by the Australian government has encouraged small and medium-sized enterprises to expand their business reach in international trade.

The National Agricultural Export Program has also done no less in funding for research development, market activities, training programs, and other initiatives assisting agricultural exports from Australia. The Export Finance Authority’s financial solutions specifically designed for SMEs looking to expand into global markets have increased competitiveness, while the Intelligent Services has offered ground support to the business authorities by easing the connections with international buyers while providing market research and analysis.

THE TOP 10 EXPORTED PRODUCTS OF AUSTRALIA IN 2024

Australia has been continuously introducing diversification in the overall export market for a positive outgrowth of the revenue rate. According to the Australia Export Data, the top 10 leading exported products of the nation in 2024 are,

  • Coal — The annual export trade value of Coal from Australia in 2024–87 billion US dollars
  • Natural Gas — The annual export trade value of Natural Gas from Australia in 2024–65 billion US dollars
  • Iron Ore — The annual export trade value of Iron Ore from Australia in 2024–43 billion US dollars
  • Gold — The annual export trade value of Gold from Australia in 2024–32 billion US dollars
  • Education Services — The annual export trade value of Education Services from Australia in 2024–28 billion US dollars
  • Beef — The annual export trade value of Beef from Australia in 2024–22 billion US dollars
  • Wheat — The annual export trade value of Wheat from Australia in 2024–18 billion US dollars
  • Aluminum — The annual export trade value of Aluminum from Australia in 2024–15 billion US dollars
  • Wine — The annual export trade value of Wine from Australia in 2024–12 billion US dollars
  • Dairy Products — The annual export trade value of Dairy Products from Australia in 2024–10 billion US dollars

THE TOP 10 EXPORT TRADE MARKETS OF AUSTRALIA IN 2024

The country ranking as one of the topmost exporters has built a stable trade relationship with most of the emerging importing nations. According to the Australia Customs Data, the top 10 export trade partners of the nation in 2024 are,

  • China — The total annual export trade value of goods exported from Australia to China in 2024–98 billion US dollars

Top 5 variants of goods exported

a. Iron ores, concentrates

b. Coal, solid fuels made from coal

c. Petroleum gases (e.g., LNG)

d. Gold (and other precious metals)

e. Copper ores & concentrates

  • Japan — The total annual export trade value of goods exported from Australia to Japan in 2024–76 billion US dollars

Top 5 variants of goods exported

a. Aluminum ores & concentrates

b. Crude petroleum

c. Frozen bovine meat

d. Wheat

e. Oil seeds & oleaginous fruits

  • South Korea — The total annual export trade value of goods exported from Australia to South Korea in 2024–65 billion US dollars

Top 5 variants of goods exported

a. Meat & edible offal (non-beef)

b. Diammonium phosphate (likely within inorganic chemicals)

c. Nickel ores & concentrates

d. Lithium ores & concentrates

e. Zinc ores & concentrates

  • India — The total annual export trade value of goods exported from Australia to India in 2024–48 billion US dollars

Top 5 variants of goods exported

a. Manganese ores & concentrates

b. Cobalt ores & concentrates

c. Crustaceans, mollusks (e.g. lobsters)

d. Wine — still, sparkling

e. Beef & veal — fresh/chilled/frozen

  • United States — The total annual export trade value of goods exported from Australia to the United States in 2024–32 billion US dollars

Top 5 variants of goods exported

a. Wool (e.g., raw, carded)

b. Cotton

c. Barley

d. Sugar (raw and refined)

e. Canola seeds

  • New Zealand — The total annual export trade value of goods exported from Australia to New Zealand in 2024–27 billion US dollars

Top 5 variants of goods exported

a. Sorghum

b. Oats

c. Rye

d. Pulses (e.g. chickpeas, lentils)

e. Frozen/frz/thawed vegetables

  • Indonesia — The total annual export trade value of goods exported from Australia to Indonesia in 2024–24 billion US dollars

Top 5 variants of goods exported

a. Fresh vegetables (roots, tubers)

b. Cocoa beans

c. Coffee

d. Prepared vegetables & fruits

e. Fruit juices & concentrates

  • Hong Kong — The total annual export trade value of goods exported from Australia to Hong Kong in 2024–22 billion US dollars

Top 5 variants of goods exported

a. Edible nuts (e.g. almonds, macadamias)

b. Live sheep

c. Sheep and lamb meat

d. Dairy products (milk powder, butter, cheese)

e. Eggs (fresh/dried)

  • Singapore — The total annual export trade value of goods exported from Australia to Singapore in 2024–18 billion US dollars

Top 5 variants of goods exported

a. Honey

b. Seafood (fish, prawns)

c. Lobsters & rock-lobster

d. Processed meat products

e. Prepared meat (e.g. sausages)

  • Vietnam — The total annual export trade value of goods exported from Australia to Vietnam in 2024–22 billion US dollars

Top 5 variants of goods exported

a. Fish fillets & other fish meat

b. Crustaceans (other than lobsters)

c. Animal fats & oils

d. Vegetable oils (e.g., canola, sunflower)

e. Margarine & edible preparations

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