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Export Market

Australia

ISO: AU / AUS

Country Profile

Capital Canberra
Population 27.5M
GDP $1.76T (2024)
GDP per Capita $64,604
Income Level High Income
Currency Australian dollar (AUD $)
Language English
Timezone UTC+05:00
Region Oceania · Australia and New Zealand

Trade Partners

Australia Exports To

  • China 37.0%
  • Japan 16.0%
  • S. Korea 6.0%
  • India 5.0%
  • Taiwan 5.0%

Key exports: iron ore, coal, natural gas, gold, minerals (2023)

Australia Imports From

  • China 26.0%
  • USA 11.0%
  • S. Korea 6.0%
  • Japan 6.0%
  • Thailand 5.0%

Key imports: refined petroleum, cars, trucks, broadcasting equipment, garments (2023)

Economic Overview

high-income and globally integrated economy; strong mining, manufacturing, and service sectors driving slow but steady growth; net exporter, driven by commodities to East Asian trade partners; weak productivity and aging population straining labor force participation

Government: federal parliamentary democracy under a constitutional monarchy; a Commonwealth realm

UK Trade Status

FTA in Force

The UK has a free trade agreement with Australia, providing preferential market access for UK exporters.

Trade Barriers

2 active barriers affecting UK exporters

Australian alcohol excise tax

Australia applies a differentiated excise tax between brandy (AUS $81.16 per litre) and other spirits (AUS $86.90 per litre), intended to support domestically produced brandy at the time of its introduction.

Sectors: Food and drink

Reported: 12 Feb 2019

Australia's luxury car tax affects UK exporters

This affects UK car exports. Australia imposes a 33% tax, known as the Luxury Car Tax (LCT), on all cars with a value above AUS $77,565 for fuel-efficient vehicles, and AUS $68,740 for other vehicles. This measure affects UK passenger …

Sectors: Automotive

Reported: 11 Feb 2019

Geographic Region

Asia Pacific

Trading Bloc Memberships

Australia is a member of the following trade agreements and economic blocs.

CPTPP Comprehensive and Progressive Trans-Pacific Partnership Trade Agreement UK Member RCEP Regional Comprehensive Economic Partnership Trade Agreement

Export Guidance

Relevant guidance for exporting to Australia.

Start Your Export Journey

Export to the EU after Brexit Start exporting from the UK Manage your export compliance

Also in This Region

🇧🇳 Brunei 🇰🇭 Cambodia 🇫🇯 Fiji FTA 🇮🇩 Indonesia 🇯🇵 Japan FTA 🇱🇦 Laos 🇲🇾 Malaysia 🇲🇳 Mongolia

Official Resources

Government export support for Australia.

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