Merchandise exports by the reporting economy, residual in Australia
Australia: Merchandise exports by the reporting economy, residual was 0.0% in 2023. ◆ Volatile
Merchandise exports by the reporting economy, residual in Australia, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports by the reporting economy, residual in Australia stood at 0.0%.
Compared with earlier readings it is down 26.1% on the previous year and down 45.2% over ten years.
Over the whole period, merchandise exports by the reporting economy, residual in Australia peaked at 0.3% in 1977 and was at its lowest, 0.0%, in 2017.
Australia ranks 86th of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy, residual in Australia, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.0% | — |
| 1961 | 0.0% | +70.0% |
| 1962 | 0.0% | -49.5% |
| 1963 | 0.0% | +321.5% |
| 1964 | 0.0% | -4.2% |
| 1965 | 0.0% | +79.8% |
| 1966 | 0.1% | +59.8% |
| 1967 | 0.0% | -55.2% |
| 1968 | 0.0% | -0.7% |
| 1969 | 0.0% | -22.1% |
| 1970 | 0.0% | +96.8% |
| 1971 | 0.0% | -31.3% |
| 1972 | 0.0% | +46.0% |
| 1973 | 0.0% | +12.3% |
| 1974 | 0.0% | -44.7% |
| 1975 | 0.1% | +279.5% |
| 1976 | 0.1% | -12.3% |
| 1977 | 0.3% | +302.6% |
| 1978 | 0.2% | -19.5% |
| 1979 | 0.1% | -59.9% |
| 1980 | 0.1% | -17.4% |
| 1981 | 0.1% | +12.6% |
| 1982 | 0.1% | +55.6% |
| 1983 | 0.0% | -91.6% |
| 1984 | 0.0% | +54.7% |
| 1985 | 0.0% | +30.2% |
| 1986 | 0.0% | -1.6% |
| 1987 | 0.0% | +4.6% |
| 1988 | 0.0% | +98.1% |
| 1989 | 0.1% | +198.4% |
| 1990 | 0.1% | -54.5% |
| 1991 | 0.0% | -54.4% |
| 1992 | 0.0% | +33.6% |
| 1993 | 0.0% | -34.5% |
| 1994 | 0.0% | -41.8% |
| 1995 | 0.0% | +12.9% |
| 1996 | 0.0% | -42.2% |
| 1997 | 0.0% | -11.1% |
| 1998 | 0.0% | +95.1% |
| 1999 | 0.0% | +5.1% |
| 2000 | 0.0% | -46.3% |
| 2001 | 0.0% | +21.3% |
| 2002 | 0.1% | +571.0% |
| 2003 | 0.0% | -92.9% |
| 2004 | 0.0% | +87.2% |
| 2005 | 0.0% | +35.2% |
| 2006 | 0.0% | +5.3% |
| 2007 | 0.0% | -31.0% |
| 2008 | 0.0% | +24.3% |
| 2009 | 0.0% | +34.7% |
| 2010 | 0.0% | -58.5% |
| 2011 | 0.0% | -47.8% |
| 2012 | 0.0% | +56.1% |
| 2013 | 0.0% | -59.0% |
| 2014 | 0.0% | +21.8% |
| 2015 | 0.0% | +337.1% |
| 2016 | 0.0% | -78.3% |
| 2017 | 0.0% | -83.6% |
| 2018 | 0.0% | +59.4% |
| 2019 | 0.0% | +122.4% |
| 2020 | 0.0% | -50.3% |
| 2021 | 0.0% | +196.0% |
| 2022 | 0.0% | -24.7% |
| 2023 | 0.0% | -26.1% |
Australia compared with similar countries
- Australia's 0.0% is below the median for high income countries, which is 0.0%, 68% of the median. (74 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports by the reporting economy, residual in Australia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +571.0% | 0.0% | 0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0% | 0.0% | 0.1% | 10 |
| 1970s | 0.1% | 0.0% | 0.3% | 10 |
| 1980s | 0.1% | 0.0% | 0.1% | 10 |
| 1990s | 0.0% | 0.0% | 0.1% | 10 |
| 2000s | 0.0% | 0.0% | 0.1% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 4 |
Countries ranked near Australia
- 83 Poland 0.0% compare
- 84 Singapore 0.0% compare
- 85 Hong Kong, China 0.0% compare
- 87 Saint Vincent and the Grenadines 0.0% compare
- 88 Barbados 0.0% compare
- 89 Philippines 0.0% compare
More private sector data for Australia
- Merchandise trade 36.0% (2025)
- Food imports 6.5% (2025)
- Manufactures imports 74.3% (2025)
- Merchandise imports 310.63 billion current US$ (2025)
- Food exports 13.7% (2025)
- Manufactures exports 9.8% (2025)
- Merchandise exports 337.58 billion current US$ (2025)
- Merchandise exports (current US$), per capita 12,225 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1877 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -0.9521 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy, residual in Australia?
- Merchandise exports by the reporting economy, residual in Australia was 0.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy, residual recorded in Australia?
- The highest recorded value was 0.3% in 1977.
- What is the lowest merchandise exports by the reporting economy, residual recorded in Australia?
- The lowest recorded value was 0.0% in 2017.
- How does Australia rank for merchandise exports by the reporting economy, residual?
- Australia ranks 86th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy, residual rising or falling in Australia?
- Over the last ten years it is down 45.2%. 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, residual (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise exports by the reporting economy residuals 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, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy.