Applied tariffs
Simple average MFN applied
2024
*
2.4 %
Trade-weighted MFN average
2024
*
2.6 %
Share of MFN duty-free
2024
52.1 %
Bound tariffs
Simple average bound
*
9.4 %
Binding coverage
97.2 %
Share of bound duty-free
24.2 %
Imports
Total imports: 283,058.2 million USD in 2024
Imports by partner
China
25.6 %
72,756.1
million USD
European Union
14.7 %
41,801.1
million USD
United States of America
11.8 %
33,393.2
million USD
Japan
5.9 %
16,674.0
million USD
Korea, Republic of
5.6 %
16,016.4
million USD
Thailand
4.7 %
13,323.7
million USD
Malaysia
4.0 %
11,446.1
million USD
Singapore
3.5 %
9,918.3
million USD
Viet Nam
2.7 %
7,785.1
million USD
India
2.7 %
7,523.4
million USD
Rest of the World
18.7 %
52,420.8
million USD
Imports by products HS 2022
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
8.7 %
24,546.7
million USD
870323
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 1.500 cm³ but <= 3.000 cm³ (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
2.5 %
7,159.8
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
2.4 %
6,653.1
million USD
870421
Motor vehicles for the transport of goods, with only compression-ignition internal combustion piston engine "diesel or semi-diesel", of a gross vehicle weight <= 5 t (excl. dumpers for off-highway use of subheading 8704.10 and special purpose motor vehicles of heading 8705)
2.3 %
6,609.8
million USD
710812
Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
2.3 %
6,417.8
million USD
270900
Petroleum oils and oils obtained from bituminous minerals, crude
1.8 %
5,101.5
million USD
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, put up in measured doses "incl. those for transdermal administration" or in forms or packings for retail sale (excl. containing antibiotics, hormones or steroids used as hormones, alkaloids, provitamins, vitamins, their derivatives, antimalarial active principles and blinded clinical trial kits)
1.7 %
4,864.3
million USD
870340
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion (excl. vehicles for travelling on snow, other specially designed vehicles of subheading 8703.10 and plug-in hybrids)
1.5 %
4,313.7
million USD
851713
Smartphones for wireless networks
1.5 %
4,166.4
million USD
847130
Data-processing machines, automatic, portable, weighing <= 10 kg, consisting of at least a central processing unit, a keyboard and a display (excl. peripheral units)
1.4 %
3,842.2
million USD
Rest of the products
74.0 %
209,382.9
million USD
Exports
Total exports: 338,997.7 million USD in 2024
Exports by destination
China
30.7 %
117,923.5
million USD
Other Countries, n.e.s.
13.3 %
51,098.6
million USD
Japan
12.1 %
46,624.8
million USD
Korea, Republic of
6.6 %
25,197.5
million USD
India
4.3 %
16,478.1
million USD
United States of America
4.1 %
15,679.1
million USD
Chinese Taipei
3.2 %
12,213.4
million USD
Singapore
3.2 %
12,162.5
million USD
European Union
2.9 %
11,228.2
million USD
Indonesia
2.2 %
8,389.1
million USD
Rest of the World
17.6 %
22,002.9
million USD
Exports by products HS 2022
260111
Non-agglomerated iron ores and concentrates (excl. roasted iron pyrites)
24.1 %
81,787.8
million USD
270112
Bituminous coal, whether or not pulverised, non-agglomerated
16.7 %
56,444.0
million USD
271111
Natural gas, liquefied
13.1 %
44,467.3
million USD
710813
Gold, incl. gold plated with platinum, in semi-manufactured forms, for non-monetary purposes
5.4 %
18,205.3
million USD
270900
Petroleum oils and oils obtained from bituminous minerals, crude
2.1 %
7,063.8
million USD
281820
Aluminium oxide (excl. artificial corundum)
2.0 %
6,827.4
million USD
260300
Copper ores and concentrates
1.6 %
5,526.7
million USD
100199
Wheat and meslin (excl. seed for sowing, and durum wheat)
1.6 %
5,488.6
million USD
999999
Unspecified products
1.6 %
5,354.2
million USD
020230
Frozen, boneless meat of bovine animals
1.6 %
5,334.6
million USD
Rest of the products
30.2 %
102,498.1
million USD
Preferential regimes provided by Australia
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Australia as a beneficiary based on other economies reported preferential regimes
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