Imports of goods and services to Australia rose 2 percent month-on-month to a five-month high of AUD 29.99 billion in August 2020, as domestic demand continued to recover from the impact of the COVID-19 pandemic and despite a fresh wave of infections in Victoria state. Purchases of consumption goods rose by 6 percent to AUD 9.29 billion, due to textiles (1 percent), non-industrial transport equipment (36 percent), toys, books and leisure goods (3 percent) and consumption goods n.e.s. Additionally, imports of intermediate and other merchandise goods increased 3 percent to AUD 9.72 billion, driven by fuels and lubricants (24 percent) and parts for transport equipment (1 percent) while those of capital goods declined 7 percent to AUD 6.08 billion, of which ADP equipment (-15 percent). Also, arrivals of non-monetary gold rose 10 percent to AUD 1.21 million. In addition, imports of services were up 1 percent to AUD 3.70 billion, led by transport (4 percent).

Imports in Australia averaged 12384.30 AUD Million from 1971 until 2020, reaching an all time high of 36123 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 October of 2020. source: Australian Bureau of Statistic

Imports in Australia is expected to be 34100.00 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 35500.00 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
29996.00 29417.00 36123.00 393.00 1971 - 2020 AUD Million Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
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%
2020-10-06 12:30 AM Aug 2% 6.2% -3%


News Stream
Australia Imports Hit 5-Month High
Imports of goods and services to Australia rose 2 percent month-on-month to a five-month high of AUD 29.99 billion in August 2020, as domestic demand continued to recover from the impact of the COVID-19 pandemic and despite a fresh wave of infections in Victoria state. Purchases of consumption goods rose by 6 percent to AUD 9.29 billion, due to textiles (1 percent), non-industrial transport equipment (36 percent), toys, books and leisure goods (3 percent) and consumption goods n.e.s. Additionally, imports of intermediate and other merchandise goods increased 3 percent to AUD 9.72 billion, driven by fuels and lubricants (24 percent) and parts for transport equipment (1 percent) while those of capital goods declined 7 percent to AUD 6.08 billion, of which ADP equipment (-15 percent). Also, arrivals of non-monetary gold rose 10 percent to AUD 1.21 million. In addition, imports of services were up 1 percent to AUD 3.70 billion, led by transport (4 percent).
2020-10-06
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
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 6647343.92 7664821.52 AUD THO Aug/20
United States 2579599.65 3318971.40 AUD THO Aug/20
Germany 1336930.81 1064514.78 AUD THO Aug/20
Thailand 1297211.91 1198788.83 AUD THO Aug/20
Japan 1278729.54 1326687.52 AUD THO Aug/20
Singapore 748579.49 647051.65 AUD THO Aug/20
Malaysia 742282.90 933524.70 AUD THO Aug/20
South Korea 653061.90 775698.19 AUD THO Aug/20
Vietnam 615780.61 516732.99 AUD THO Aug/20
New Zealand 603452.09 641513.22 AUD THO Aug/20
Italy 592855.14 554020.76 AUD THO Aug/20
United Kingdom 583709.81 520862.90 AUD THO Aug/20
India 549956.01 534292.43 AUD THO Aug/20
France 540273.56 421682.19 AUD THO Aug/20
Taiwan 427627.20 371063.36 AUD THO Aug/20
Indonesia 331868.96 535621.38 AUD THO Aug/20
Netherlands 246919.49 279726.50 AUD THO Aug/20
Switzerland 241978.66 290201.58 AUD THO Aug/20
Mexico 218178.20 227915.85 AUD THO Aug/20
Papua New Guinea 210614.20 265985.66 AUD THO Aug/20
Australia Imports by Category Last Previous
Machinery & Transport Equipment 9686.00 10327.00 AUD Million Aug/20
Consumption Goods 9169.00 9207.00 AUD Million Aug/20
Capital Goods 5863.00 6544.00 AUD Million Aug/20
Misc. Manufactured Articles 4035.00 4125.00 AUD Million Aug/20
Consumption Goods Nes 2969.00 3068.00 AUD Million Aug/20
Processed Indust.supplies Nes 2941.00 3341.00 AUD Million Aug/20
Manufactured Goods 2884.00 3279.00 AUD Million Aug/20
Chemicals & Rel. Products 2470.00 2729.00 AUD Million Aug/20
Machinery & Industrial Equipment 2095.00 2114.00 AUD Million Aug/20
Fuels & Lubricants 2048.00 1811.00 AUD Million Aug/20
Textiles Clothing & Footwear 1927.00 2048.00 AUD Million Aug/20
Non-industrial Transport Equipme 1713.00 1413.00 AUD Million Aug/20
Misc. Manufactured Articles, Nes 1419.00 1315.00 AUD Million Aug/20
Food & Live Animals 1414.00 1508.00 AUD Million Aug/20
Non-monetary Gold 1212.00 1106.00 AUD Million Aug/20
Parts For Transport Equipment 1074.00 1144.00 AUD Million Aug/20
Telecommunications Equipment 1064.00 1109.00 AUD Million Aug/20
Commodities & Transactions, Nec 1051.00 1290.00 AUD Million Aug/20
Medicinal & Pharmaceutical Products 1043.00 1044.00 AUD Million Aug/20
Indust.transport Equip.nes 921.00 785.00 AUD Million Aug/20

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