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Trade between Australia and India

In 2024, Australia exported $18.1 billion to India and imported $7.8 billion. Australia ran a surplus of $10.3 billion with India, compared with a surplus of $8.3 billion in 2019. India was Australia’s 5th largest trading partner (4% of its trade), and Australia was India’s 10th (2%).

Summary

Australia → India
$18.1billion
India → Australia
$7.8billion
Australia’s balance
$10.3billion

Balance

Australia’s trade balance with India

Trade between Australia and India grew 13.5-fold since 1995

USD billions (current). Australia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 18.1
  • Imports 7.8
  • Balance +10.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.5 billion$458 million$997 million
1996$1.9 billion$473 million$1.4 billion
1997$2 billion$522 million$1.5 billion
1998$1.9 billion$459 million$1.5 billion
1999$1.5 billion$465 million$991 million
2000$1.6 billion$490 million$1.1 billion
2001$1.8 billion$497 million$1.3 billion
2002$2 billion$614 million$1.4 billion
2003$2.8 billion$727 million$2.1 billion
2004$5.7 billion$939 million$4.8 billion
2005$7 billion$1 billion$5.9 billion
2006$8.6 billion$1.1 billion$7.5 billion
2007$11.8 billion$1.4 billion$10.4 billion
2008$14.6 billion$1.7 billion$12.9 billion
2009$13.1 billion$1.9 billion$11.3 billion
2010$18.9 billion$2 billion$16.9 billion
2011$14.9 billion$2.4 billion$12.5 billion
2012$13.7 billion$2.9 billion$10.7 billion
2013$11 billion$2.4 billion$8.6 billion
2014$11.2 billion$2.8 billion$8.4 billion
2015$10.1 billion$3.6 billion$6.4 billion
2016$9.5 billion$3.3 billion$6.3 billion
2017$15.5 billion$4.1 billion$11.5 billion
2018$15.1 billion$4.2 billion$10.9 billion
2019$11.7 billion$3.4 billion$8.3 billion
2020$7.9 billion$3.9 billion$4 billion
2021$16.2 billion$6.5 billion$9.7 billion
2022$22.3 billion$7.2 billion$15 billion
2023$19.9 billion$6.1 billion$13.8 billion
2024$18.1 billion$7.8 billion$10.3 billion

What they sell each other

What Australia sells to India

The top 10 headings in 2024, with their share of the total.

  1. Coal$10.5 billion · 58%
    58.2 million tonnes · Australia’s destinations
  2. Gold$3 billion · 16.4%
    38 tonnes · Australia’s destinations
  3. 1.2 million tonnes · Australia’s destinations
  4. Copper ore$502 million · 2.8%
    126 thousand tonnes · Australia’s destinations
  5. Iron ore$288 million · 1.6%
    3.2 million tonnes · Australia’s destinations
  6. Raw cotton$267 million · 1.5%
    135 thousand tonnes · Australia’s destinations
  7. Aluminum oxide and hydroxide$252 million · 1.4%
    516 thousand tonnes
  8. Ferrous scrap$247 million · 1.4%
    517 thousand tonnes · India’s sources
  9. Aluminum scrap$197 million · 1.1%
    112 thousand tonnes
  10. 39 thousand tonnes

What India sells to Australia

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$3 billion · 37.8%
    4.8 million tonnes · India’s destinations
  2. 15 thousand tonnes · India’s destinations
  3. Cars$210 million · 2.7%
    5 thousand tonnes · India’s destinations
  4. Jewelry$205 million · 2.6%
    11 tonnes · India’s destinations
  5. Bed, table and kitchen linen$139 million · 1.8%
    15 thousand tonnes
  6. Diamonds$131 million · 1.7%
    India’s destinations
  7. Women's suits and dresses$94 million · 1.2%
    2 thousand tonnes
  8. Rice$91 million · 1.2%
    73 thousand tonnes · India’s destinations
  9. Cables and wire$90 million · 1.2%
    7 thousand tonnes · India’s destinations
  10. Trucks$86 million · 1.1%
    5 thousand tonnes · India’s destinations

How it travels

Estimated sea route from Sydney to Nhava Sheva (Mumbai).

The estimated sea route between Sydney and Nhava Sheva (Mumbai) is 6,227 nautical miles (11,533 km) long: ≈ 14.5–18.5 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$21.2 billion · 82.1%
  2. Air$4.6 billion · 17.9%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

India was Australia’s 5th largest trading partner (4% of its trade), and Australia was India’s 10th (2%).

India in Australia’s trade
4%
India’s rank among Australia’s partners
5th
Australia in India’s trade
2.3%
Australia’s rank among India’s partners
10th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.