Merchandise imports from low- and middle-income economies in East in Australia
Australia: Merchandise imports from low- and middle-income economies in East was 40.0% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies in East in Australia, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
In 2023, merchandise imports from low- and middle-income economies in east in Australia stood at 40.0%.
Compared with earlier readings it is down 1.0% on the previous year and up 13.7% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in east in Australia peaked at 40.7% in 2020 and was at its lowest, 3.2%, in 1975.
That places Australia 15th out of 206 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports from low- and middle-income economies in East in Australia, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 4.2% | — |
| 1961 | 4.4% | +5.2% |
| 1962 | 4.3% | -2.9% |
| 1963 | 4.5% | +5.3% |
| 1964 | 4.2% | -7.0% |
| 1965 | 4.0% | -4.4% |
| 1966 | 4.8% | +18.3% |
| 1967 | 4.6% | -3.4% |
| 1968 | 4.3% | -7.3% |
| 1969 | 4.3% | +0.8% |
| 1970 | 3.4% | -20.5% |
| 1971 | 3.2% | -5.9% |
| 1972 | 3.5% | +8.8% |
| 1973 | 4.1% | +16.7% |
| 1974 | 3.6% | -12.7% |
| 1975 | 3.2% | -11.5% |
| 1976 | 3.9% | +23.9% |
| 1977 | 4.7% | +20.4% |
| 1978 | 4.5% | -4.5% |
| 1979 | 5.1% | +14.1% |
| 1980 | 5.8% | +13.0% |
| 1981 | 5.6% | -2.6% |
| 1982 | 6.4% | +14.1% |
| 1983 | 4.7% | -27.3% |
| 1984 | 5.4% | +14.6% |
| 1985 | 4.6% | -14.3% |
| 1986 | 5.1% | +10.5% |
| 1987 | 6.1% | +21.0% |
| 1988 | 6.2% | +1.2% |
| 1989 | 6.7% | +8.2% |
| 1990 | 7.3% | +9.1% |
| 1991 | 10.4% | +41.4% |
| 1992 | 12.5% | +20.5% |
| 1993 | 12.9% | +3.0% |
| 1994 | 12.4% | -3.4% |
| 1995 | 12.7% | +2.6% |
| 1996 | 13.9% | +9.4% |
| 1997 | 15.4% | +10.5% |
| 1998 | 16.7% | +8.5% |
| 1999 | 18.0% | +7.4% |
| 2000 | 20.4% | +13.7% |
| 2001 | 21.4% | +4.6% |
| 2002 | 22.7% | +6.3% |
| 2003 | 24.3% | +7.0% |
| 2004 | 25.7% | +5.7% |
| 2005 | 27.3% | +6.3% |
| 2006 | 29.3% | +7.4% |
| 2007 | 30.7% | +4.7% |
| 2008 | 31.0% | +0.8% |
| 2009 | 34.6% | +11.7% |
| 2010 | 35.5% | +2.6% |
| 2011 | 33.2% | -6.4% |
| 2012 | 33.4% | +0.7% |
| 2013 | 35.2% | +5.2% |
| 2014 | 37.0% | +5.2% |
| 2015 | 38.3% | +3.6% |
| 2016 | 38.9% | +1.5% |
| 2017 | 39.1% | +0.5% |
| 2018 | 39.7% | +1.7% |
| 2019 | 39.6% | -0.2% |
| 2020 | 40.7% | +2.6% |
| 2021 | 39.5% | -2.9% |
| 2022 | 40.4% | +2.3% |
| 2023 | 40.0% | -1.0% |
Australia compared with similar countries
- Australia's 40.0% is above the median for high income countries, which is 10.5%, 3.8× the median. (74 countries reporting)
- Australia's 40.0% is above the median for East Asia & Pacific, which is 34.3%, 1.2× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.4% | 4.0% | 4.8% | 10 |
| 1970s | 3.9% | 3.2% | 5.1% | 10 |
| 1980s | 5.7% | 4.6% | 6.7% | 10 |
| 1990s | 13.2% | 7.3% | 18.0% | 10 |
| 2000s | 26.7% | 20.4% | 34.6% | 10 |
| 2010s | 37.0% | 33.2% | 39.7% | 10 |
| 2020s | 40.1% | 39.5% | 40.7% | 4 |
Countries ranked near Australia
- 12 Kyrgyzstan 43.9% compare
- 13 Mongolia 43.7% compare
- 14 Indonesia 41.1% compare
- 16 Bangladesh 39.9% compare
- 17 Thailand 39.3% compare
- 18 Papua New Guinea 39.2% 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 imports from low- and middle-income economies in east in Australia?
- Merchandise imports from low- and middle-income economies in east in Australia was 40.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in east recorded in Australia?
- The highest recorded value was 40.7% in 2020.
- What is the lowest merchandise imports from low- and middle-income economies in east recorded in Australia?
- The lowest recorded value was 3.2% in 1975.
- How does Australia rank for merchandise imports from low- and middle-income economies in east?
- Australia ranks 15th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in east rising or falling in Australia?
- Over the last ten years it is up 13.7%. 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 imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports). 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 imports from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.