Imports of goods and services to Australia plunged 4 percent over a month earlier to an over two-year low of AUD 31.82 billion, amid the coronavirus pandemic. Purchases of capital goods fell by 3 percent to AUD 5.62 billion, namely civil aircraft & confidentialised items (-53%), capital goods n.e.s.(-17%), and industrial transport equipment (-12%). Also, imports of services slumped 19 percent to AUD 6.53 billion, mainly due to travel (-36%) and transport (-11%) amid the closure of international borders due to the covid-19. Conversely, purchases of consumption goods rose by AUD 10 million to AUD 8.32 billion, mainly due to textiles, clothing & footwear (6%) and food & beverages, mainly for consumption (4%). Additionally, imports of intermediate & other merchandise goods rose AUD 31 million to AUD 10.33 billion, led by plastics (22%) and organic & inorganic chemicals (20%). Also, imports of non-monetary gold soared 85 percent to AUD 1.02 billion.

Imports in Australia averaged 12243.77 AUD Million from 1971 until 2020, reaching an all time high of 36144 AUD Million in October of 2019 and a record low of 393 AUD Million in May of 1972. This page provides the latest reported value for - Australia Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Imports - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Australian Bureau of Statistic

Imports in Australia is expected to be 35500.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Australia to stand at 34500.00 in 12 months time. In the long-term, the Australia Imports is projected to trend around 36000.00 AUD Million in 2021 and 36500.00 AUD Million in 2022, according to our econometric models.

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Australia Imports

Actual Previous Highest Lowest Dates Unit Frequency
31815.00 32993.00 36144.00 393.00 1971 - 2020 AUD Million Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-06 12:30 AM Dec 2% -2.8% 1%
2020-03-05 12:30 AM Jan -3% 2.2% 1%
2020-04-07 01:30 AM Feb -4% -2.8% -6%
2020-05-07 01:30 AM Mar -4% -4.5% -10%


News Stream
Australia Imports Falls to Over 2-Year Low in March
Imports of goods and services to Australia plunged 4 percent over a month earlier to an over two-year low of AUD 31.82 billion, amid the coronavirus pandemic. Purchases of capital goods fell by 3 percent to AUD 5.62 billion, namely civil aircraft & confidentialised items (-53%), capital goods n.e.s.(-17%), and industrial transport equipment (-12%). Also, imports of services slumped 19 percent to AUD 6.53 billion, mainly due to travel (-36%) and transport (-11%) amid the closure of international borders due to the covid-19. Conversely, purchases of consumption goods rose by AUD 10 million to AUD 8.32 billion, mainly due to textiles, clothing & footwear (6%) and food & beverages, mainly for consumption (4%). Additionally, imports of intermediate & other merchandise goods rose AUD 31 million to AUD 10.33 billion, led by plastics (22%) and organic & inorganic chemicals (20%). Also, imports of non-monetary gold soared 85 percent to AUD 1.02 billion.
2020-05-07
Australia Imports Fall to Over 2-Year Low
Imports of goods and services to Australia plunged 4 percent month-over-month to a 25-month low of AUD 33.4 billion, amid weakening domestic demand on the back of the coronavirus pandemic. Purchases of consumption goods slumped 8 percent to AUD 8.27 billion, mainly due to textiles, clothing and footwear (-20%) and consumption goods n.e.s. (-11%). Also, imports of capital goods tumbled 7 percent to AUD 5.49 billion, namely ADP equipment (-34%) and capital goods n.e.s. (-28%). Additionally, purchases of intermediate goods fell 2 percent to AUD 10.47 billion, due to fuels and lubricants (-5%); and those of non-monetary gold fell 9% to AUD 551 million. Imports of services dropped by 1 percent to AUD 8.62 billion, driven by travel (-1%).
2020-04-07
Australia Imports Lowest in 7 Months
Imports of goods and services to Australia plunged 3 percent month-over-month to AUD 34.91 billion in January 2020, the lowest level since June last year. Purchases of capital goods tumbled 10 percent to AUD 5.95 billion, mainly due to capital goods n.e.s. (-30 percent), machinery and industrial equipment (-2 percent), telecommunications equipment (-3 percent), ADP equipment (-3 percent), and industrial transport equipment (-8 percent). Also, imports of intermediate and other merchandise goods dropped 4 percent to AUD 10.78 billion on the back of fuels and lubricants (-10 percent) and parts for transport equipment (-13 percent), while imports of consumption goods were almost unchanged at AUD 8.92 billion. In addition, imports of services fell 1 percent to AUD 8.66 billion, mainly due to transport and travel.
2020-03-05
Australia Imports Grow 2% MoM in December
Imports of goods and services to Australia advanced 2 percent from month-over-month to AUD 36.07 billion in December 2019, boosted by higher purchases of capital goods (6 percent to AUD 6.68 billion), in particular capital goods n.e.s. (22 percent) and industrial transport equipment n.e.s. (23 percent). Also, purchases of consumption goods rose 4 percent to AUD 8.94 billion, of which non-industrial transport equipment (10 percent), textiles, clothing & footwear (5 percent) and consumption goods n.e.s. (2 percent); and those of intermediate and other merchandise goods went up 1 percent to AUD 11.27 billion, mainly due to fuels and lubricants (5 percent), and parts for transport equipment (9 percent). Additionally, imports of services advanced 2 percent to AUD 8.80 billion, led by travel (4 percent). Considering full 2019, imports totalled AUD 425.4 billion.
2020-02-06

Australia Imports
Australia imports mainly machinery and transport equipment (40 percent of total imports), of which road vehicles account for 12 percent, industrial machinery for 6 percent, electrical machinery for 5 percent and telecommunications and sound recording for 5 percent.The country also imports: petroleum (11 percent); manufactured goods (12 percent); chemicals and related products (10 percent); and food and live animals (5 percent). Main import partners are China (23 percent of total imports), the US (11 percent), Japan (7 percent), South Korea, Thailand and Germany (5 percent each) and Malaysia (4 percent).
Australia Imports by Country Last Previous
China 4536261.22 4236764.61 AUD THO Mar/20
United States 3746927.12 2604952.84 AUD THO Mar/20
Japan 1857946.36 1680675.50 AUD THO Mar/20
Thailand 1436977.69 1241872.09 AUD THO Mar/20
Germany 1025260.65 1138790.92 AUD THO Mar/20
South Korea 909543.98 698342.90 AUD THO Mar/20
Malaysia 894980.73 943802.39 AUD THO Mar/20
Singapore 724754.86 704244.40 AUD THO Mar/20
France 661961.99 460187.12 AUD THO Mar/20
New Zealand 633007.88 619951.12 AUD THO Mar/20
Vietnam 605569.61 493327.70 AUD THO Mar/20
United Kingdom 597372.97 539712.00 AUD THO Mar/20
Italy 532671.59 523201.83 AUD THO Mar/20
Taiwan 471260.61 507739.19 AUD THO Mar/20
India 392310.05 361125.52 AUD THO Mar/20
Papua New Guinea 342979.59 382309.86 AUD THO Mar/20
Indonesia 322384.85 282789.36 AUD THO Mar/20
Switzerland 234295.94 291037.87 AUD THO Mar/20
Mexico 231517.66 199501.42 AUD THO Mar/20
Canada 224622.34 184299.12 AUD THO Mar/20
Australia Imports by Category Last Previous
Machinery & Transport Equipment 9583.00 8187.00 AUD Million Mar/20
Consumption Goods 7844.00 7661.00 AUD Million Mar/20
Capital Goods 5309.00 4930.00 AUD Million Mar/20
Processed Indust.supplies Nes 3001.00 2851.00 AUD Million Mar/20
Chemicals & Rel. Products 2991.00 2576.00 AUD Million Mar/20
Misc. Manufactured Articles 2942.00 3089.00 AUD Million Mar/20
Fuels & Lubricants 2891.00 3090.00 AUD Million Mar/20
Tourism Related Service 2503.00 4017.00 AUD Million Mar/20
Consumption Goods Nes 2422.00 2379.00 AUD Million Mar/20
Manufactured Goods 2221.00 2232.00 AUD Million Mar/20
Services, Travel 2125.00 3486.00 AUD Million Mar/20
Non-industrial Transport Equipme 1907.00 1892.00 AUD Million Mar/20
Machinery & Industrial Equipment 1641.00 1706.00 AUD Million Mar/20
Food & Live Animals 1486.00 1318.00 AUD Million Mar/20
Medicinal & Pharmaceutical Products 1368.00 1226.00 AUD Million Mar/20
Textiles Clothing & Footwear 1316.00 1373.00 AUD Million Mar/20
Commodities & Transactions, Nec 1223.00 997.00 AUD Million Mar/20
Telecommunications Equipment 1182.00 730.00 AUD Million Mar/20
Parts For Transport Equipment 1067.00 911.00 AUD Million Mar/20
Non-monetary Gold 1017.00 551.00 AUD Million Mar/20

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category