Merchandise exports to high-income economies in Australia
Australia: Merchandise exports to high-income economies was 45.9% in 2023. ▼ Falling
Merchandise exports to high-income economies in Australia, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Australia recorded 45.9% for merchandise exports to high-income economies in 2023. That is the lowest value across all 64 years on record.
Compared with earlier readings it is down 12.5% on the previous year and down 3.6% over ten years.
Over the whole period, merchandise exports to high-income economies in Australia peaked at 85.6% in 1960 and was at its lowest, 45.9%, in 2023.
Australia ranks 151st of 206 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise exports to high-income economies in Australia, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 85.6% | — |
| 1961 | 81.3% | -5.0% |
| 1962 | 83.8% | +3.1% |
| 1963 | 81.5% | -2.8% |
| 1964 | 82.0% | +0.5% |
| 1965 | 80.2% | -2.1% |
| 1966 | 81.6% | +1.7% |
| 1967 | 74.9% | -8.2% |
| 1968 | 81.5% | +8.8% |
| 1969 | 80.9% | -0.7% |
| 1970 | 80.3% | -0.7% |
| 1971 | 80.7% | +0.5% |
| 1972 | 84.3% | +4.4% |
| 1973 | 85.5% | +1.4% |
| 1974 | 77.0% | -10.0% |
| 1975 | 77.1% | +0.1% |
| 1976 | 81.7% | +6.0% |
| 1977 | 79.6% | -2.6% |
| 1978 | 79.9% | +0.3% |
| 1979 | 78.2% | -2.1% |
| 1980 | 77.4% | -1.0% |
| 1981 | 78.4% | +1.3% |
| 1982 | 78.3% | -0.2% |
| 1983 | 81.8% | +4.5% |
| 1984 | 80.2% | -2.0% |
| 1985 | 80.0% | -0.2% |
| 1986 | 79.8% | -0.3% |
| 1987 | 81.9% | +2.7% |
| 1988 | 83.2% | +1.5% |
| 1989 | 82.3% | -1.1% |
| 1990 | 81.3% | -1.1% |
| 1991 | 82.3% | +1.2% |
| 1992 | 80.9% | -1.7% |
| 1993 | 78.7% | -2.7% |
| 1994 | 77.3% | -1.9% |
| 1995 | 76.8% | -0.5% |
| 1996 | 73.5% | -4.4% |
| 1997 | 72.8% | -0.9% |
| 1998 | 76.8% | +5.4% |
| 1999 | 76.6% | -0.2% |
| 2000 | 75.8% | -1.0% |
| 2001 | 75.2% | -0.8% |
| 2002 | 74.6% | -0.7% |
| 2003 | 73.5% | -1.5% |
| 2004 | 69.5% | -5.4% |
| 2005 | 67.5% | -2.9% |
| 2006 | 66.5% | -1.4% |
| 2007 | 65.4% | -1.7% |
| 2008 | 65.5% | +0.2% |
| 2009 | 57.3% | -12.5% |
| 2010 | 54.9% | -4.3% |
| 2011 | 53.7% | -2.1% |
| 2012 | 52.6% | -2.0% |
| 2013 | 47.6% | -9.4% |
| 2014 | 49.5% | +3.9% |
| 2015 | 50.0% | +0.9% |
| 2016 | 50.6% | +1.4% |
| 2017 | 48.0% | -5.1% |
| 2018 | 48.6% | +1.2% |
| 2019 | 47.5% | -2.3% |
| 2020 | 48.3% | +1.7% |
| 2021 | 47.3% | -2.1% |
| 2022 | 52.5% | +11.0% |
| 2023 | 45.9% | -12.5% |
Australia compared with similar countries
- Australia's 45.9% is below the median for high income countries, which is 80.7%, 57% of the median. (74 countries reporting)
- Australia's 45.9% is below the median for East Asia & Pacific, which is 59.1%, 78% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 81.3% | 74.9% | 85.6% | 10 |
| 1970s | 80.4% | 77.0% | 85.5% | 10 |
| 1980s | 80.3% | 77.4% | 83.2% | 10 |
| 1990s | 77.7% | 72.8% | 82.3% | 10 |
| 2000s | 69.1% | 57.3% | 75.8% | 10 |
| 2010s | 50.3% | 47.5% | 54.9% | 10 |
| 2020s | 48.5% | 45.9% | 52.5% | 4 |
Countries ranked near Australia
- 148 United Arab Emirates 46.8% compare
- 149 Comoros 46.7% compare
- 150 Malawi 46.1% compare
- 152 New Caledonia 45.9% compare
- 153 Uganda 45.5% compare
- 154 El Salvador 45.3% 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 to high-income economies in Australia?
- Merchandise exports to high-income economies in Australia was 45.9% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Australia?
- The highest recorded value was 85.6% in 1960.
- What is the lowest merchandise exports to high-income economies recorded in Australia?
- The lowest recorded value was 45.9% in 2023.
- How does Australia rank for merchandise exports to high-income economies?
- Australia ranks 151st out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Australia?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.