Imports of goods and services to Australia surged 7 percent month-on-month to a four-month high of AUD 29.89 billion in July 2020, as domestic demand continued to recover from the impact of the COVID-19 pandemic and despite a second wave of infections in Victoria state. Purchases of consumption goods rose by 7 percent to AUD 8.80 billion, due to textiles (5 percent), non-industrial transport equipment (90 percent) and household electrical items (13 percent). Also, imports of intermediate and other merchandise goods increased 2 percent to AUD 9.74 billion, driven by fuels and lubricants (12 percent), while those of capital goods advanced 18 percent to AUD 6.53 billion, of which ADP equipment (26 percent). In addition, arrivals of non-monetary gold surged 37 percent to AUD 1.11 million. By contrast, imports of services fell 3 percent to AUD 3.73 billion, led by tourism-related services (-3 percent).

Imports in Australia averaged 12354.21 AUD Million from 1971 until 2020, reaching an all time high of 36022 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 September of 2020. source: Australian Bureau of Statistic

Imports in Australia is expected to be 35300.00 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 35000.00 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
29890.00 27951.00 36022.00 393.00 1971 - 2020 AUD Million Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-04 01:30 AM Apr -10% -3.4% -7%
2020-07-02 01:30 AM May -6% -6.9% 4%
2020-08-04 01:30 AM Jun 1% -6.7% -4%
2020-09-03 01:30 AM Jul 7% 1.3% 3%


News Stream
Australia Imports Soar in July
Imports of goods and services to Australia surged 7 percent month-on-month to a four-month high of AUD 29.89 billion in July 2020, as domestic demand continued to recover from the impact of the COVID-19 pandemic and despite a second wave of infections in Victoria state. Purchases of consumption goods rose by 7 percent to AUD 8.80 billion, due to textiles (5 percent), non-industrial transport equipment (90 percent) and household electrical items (13 percent). Also, imports of intermediate and other merchandise goods increased 2 percent to AUD 9.74 billion, driven by fuels and lubricants (12 percent), while those of capital goods advanced 18 percent to AUD 6.53 billion, of which ADP equipment (26 percent). In addition, arrivals of non-monetary gold surged 37 percent to AUD 1.11 million. By contrast, imports of services fell 3 percent to AUD 3.73 billion, led by tourism-related services (-3 percent).
2020-09-03
Australia Imports Recover in June
Imports of goods and services to Australia expanded 1 percent month-on-month to AUD 27.98 billion in June 2020, as demand started to strengthen as the economy slowly emerged from the coronavirus crisis. Purchases of consumption goods grew by 7 percent to AUD 8.22 billion, due to textiles (16 percent), and consumption goods n.e.s. (8 percent) household electrical items (33 percent). Also, imports of intermediate and other merchandise goods advanced 5 percent to AUD 9.60 billion, driven by fuels and lubricants (28 percent), while those of services rose 1 percent to AUD 3.88 billion, led by tourism-related services (12 percent). By contrast, arrivals of capital goods fell 2 percent to AUD 5.49 billion, of which ADP equipment (-31 percent). In addition, purchases of non-monetary gold plunged 40 percent to AUD 806 million.
2020-08-04
Australia Imports Fall to 7-Year Low
Imports of goods and services to Australia dropped 6 percent over a month earlier to a seven-year low of AUD 27.71 billion in May 2020, due to lower purchases of consumption goods (-14% to AUD 7.62 billion), of which non-industrial transport equipment (-47%), consumption goods n.e.s., (-6%), and food and beverages, mainly for consumption (-9%). Also, imports of capital goods tumbled 7% to AUD 5.56 billion, namely civil aircraft and other confidentialised items (-60%) and industrial transport equipment n.e.s. (-24%). Additionally, purchases of intermediate and other merchandise goods plummeted 8% to AUD 9.36 billion, mostly fuels and lubricants (-22%), processed industrial supplies n.e.s. (-6%), and parts for transport equipment (-12%). Imports of services also fell 1% to AUD 3.84 billion, due to transport (-6%). In contrast, imports of non-monetary gold rose AUD 710 million to AUD 1.34 billion.
2020-07-02
Australia Imports Slump 10% to 4-Year Low in April
Imports of goods and services to Australia plummeted 10 percent over a month earlier to a four-year low of AUD 28.71 billion in April 2020. Purchases of intermediate and other merchandise goods fell by 5% to AUD 9.88 billion, namely fuels and lubricants (-31 percent). Also, imports of non-monetary gold slumped 40 percent to AUD 615 million, while those of services tumbled 42 percent to AUD 3.75 billion, in particular travel, (-98 percent) and transport (-24 percent). Conversely, arrivals of consumption goods rose by 4 percent to AUD 8.61 billion, led by consumption goods n.e.s. (10 percent), and textiles, clothing and footwear(16 percent). In addition, imports of capital goods grew by 4 percent to AUD 5.85 billion, driven by ADP equipment (52 percent).
2020-06-04

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 7664821.52 7474905.51 AUD THO Jul/20
United States 3318971.40 2444229.14 AUD THO Jul/20
Japan 1326687.52 925395.43 AUD THO Jul/20
Thailand 1198788.83 955469.15 AUD THO Jul/20
Germany 1064514.78 1007589.14 AUD THO Jul/20
Malaysia 933524.70 695939.42 AUD THO Jul/20
South Korea 775698.19 613063.95 AUD THO Jul/20
Singapore 647051.65 647196.94 AUD THO Jul/20
New Zealand 641513.22 663977.24 AUD THO Jul/20
Italy 554020.76 511384.79 AUD THO Jul/20
Indonesia 535621.38 452390.67 AUD THO Jul/20
India 534292.43 446515.51 AUD THO Jul/20
United Kingdom 520862.90 443103.71 AUD THO Jul/20
Vietnam 516732.99 484444.17 AUD THO Jul/20
France 421682.19 381295.89 AUD THO Jul/20
Taiwan 371063.36 336190.74 AUD THO Jul/20
Switzerland 290201.58 332191.96 AUD THO Jul/20
Netherlands 279726.50 210525.44 AUD THO Jul/20
Papua New Guinea 265985.66 258032.41 AUD THO Jul/20
Mexico 227915.85 213480.85 AUD THO Jul/20
Australia Imports by Category Last Previous
Machinery & Transport Equipment 10327.00 8733.00 AUD Million Jul/20
Consumption Goods 9207.00 7930.00 AUD Million Jul/20
Capital Goods 6544.00 5778.00 AUD Million Jul/20
Misc. Manufactured Articles 4125.00 3759.00 AUD Million Jul/20
Processed Indust.supplies Nes 3341.00 3589.00 AUD Million Jul/20
Manufactured Goods 3279.00 2990.00 AUD Million Jul/20
Consumption Goods Nes 3068.00 2865.00 AUD Million Jul/20
Chemicals & Rel. Products 2729.00 3118.00 AUD Million Jul/20
Machinery & Industrial Equipment 2114.00 2032.00 AUD Million Jul/20
Textiles Clothing & Footwear 2048.00 1734.00 AUD Million Jul/20
Fuels & Lubricants 1811.00 1624.00 AUD Million Jul/20
Food & Live Animals 1508.00 1517.00 AUD Million Jul/20
Non-industrial Transport Equipme 1413.00 763.00 AUD Million Jul/20
Misc. Manufactured Articles, Nes 1315.00 1234.00 AUD Million Jul/20
Commodities & Transactions, Nec 1290.00 946.00 AUD Million Jul/20
Capital Goods Nes 1216.00 793.00 AUD Million Jul/20
Parts For Transport Equipment 1144.00 1030.00 AUD Million Jul/20
ADP Equipment 1112.00 1062.00 AUD Million Jul/20
Telecommunications Equipment 1109.00 1065.00 AUD Million Jul/20
Non-monetary Gold 1106.00 806.00 AUD Million Jul/20

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