The best import of Australia 2024

In 2024, Australia imported products value USD 284.5 billion from all over the world.

By covering a five -year time, the dollar amount reflects the rise in expenses by 40.6% from $ 202.3 billion, which Australia paid for import in 2020.

From yr to yr, the whole cost of Australian imports slowed right down to 3.1% of profit in comparison with $ 276 billion for 2023.

Based on the typical exchange rate at 2024, the Australian dollar absorbed -0.7% in comparison with the American dollar from 2023 to 2024. The weaker local currency of Australia made Australian imports paid in stronger American dollars relatively dearer after transformation from Australian dollar.

In the country, the Australian inflation rate for average consumer prices increased by 3.315% in 2024 that the inflation rate is lower than a mean of 5.616% for 2023.

7 of the most useful imports to Australia in response to the dollar value are processed oil oils, cars, trucks, telephone devices, including smartphones, computers, gold, after which the drugs mix the dose. In total, these products constitute a couple of third (33.4%) of total expenditure on all products imported in Australia in 2024.

The best suppliers of Australian imported products

The latest available data specific to the country show that 70.8%of products imported to Australia were equipped by exporters in continental China (35.6%Australians), United States of America (7.5%), Japan (5.2%), South Korea (5.1%), Thailand (4%), Germany (2.8%), Malazja, Malazja (2.7%), Singapore (2.2%), Vietnam (also 2.2%), India (4%), Germany (2.8%), Malaysia (2.7%), Singapore (also 2.2%), India (4%), India (4%). (1.8%), Italy (1.7%) and Taiwan (1.3%).

The use of a continental lens, over three fifth (63%) of total import of Australia in response to the worth in 2024. They were purchased from Asian countries. Trade partners in Europe constituted 18% of international purchases in response to Australia, while one other 14.1% of value got here from suppliers in North America.

The islands of Fellows and other territories on the Oceania continent were answerable for providing 3% of the import of Australia led by clients in New Zealand, Papua New Guinea and Australia.

Percentage percentage got here from exporters in Africa (1.1%) and Latin America (0.9%) excluding Mexico, but including the Caribbean.

Considering the Australian population of 27.3 million people, its total part $ 284.5 billion in 2024. Imports are transferred to around USD 10,400 for an annual demand for products from everybody from the biggest ocean country. This average per capita equals a mean of USD 10,400 in 2023.

The following product groups constitute the very best value of the dollar in Australia import purchases in 2024. The percentage of each product category in terms of general imports to Australia was also shown.

1. Vehicles: USD 42.6 billion (15% of total imports)
2. Machines, including computers: USD 40.9 billion (14.4%)
3. Mineral fuels, including pus: $ 37.9 billion (13.3%)
4. Electric machinery, equipment: $ 31.4 billion (11%)
5. Pharmaceuticals: $ 10.9 billion (3.8%)
6. Optical, technical, medical apparatus: $ 10.1 billion (3.5%)
7. Jews, precious metals: $ 9 billion ($ 3.2%)
8. Plastics, plastic articles: $ 7.2 billion ($ 2.5%)
9. Iron or steel articles: $ 6.8 billion (2.4%)
10. Furniture, bedding, lighting, signs, prefabricated buildings: $ 5.2 billion (1.8%)

The 10 best categories of import products in Australia exceeded two -thirds (71%) of the whole value of purchases of Australian products from other countries.

The 4 fastest increases in expenditure in Australia among the many 10 best import categories from 2023 to 2024. They belong to items made of iron or steel (by 13.8%), electric machines and equipment (by 8.2%), furniture, bedding, lighting, signs and prefabricated buildings, after which plastics, in addition to products made of plastic (also 7.3%).

The strongest decrease in the share concerned the Australian import of mineral fuels, including oil (decrease -7.9%from 2023), Pharmaceuticals (decrease -1.5%) and vehicles (decrease -1.3%).

It needs to be remembered that the outcomes listed above are at a 2-digit tariff system code level. The information presented in the next sections may be found at a more detailed 4-digit level.

The best import of vehicles in Australia

In 2024, Australian importers spent probably the most on the next 10 vehicle subcategories.

1. Cars: USD 23.6 billion (decrease -2.5% in comparison with 2023)
2. Trucks: $ 10.5 billion (decrease -6.8%)
3. Car parts/accessories: $ 3 billion (20.9%increase)
4. Tractors: $ 1.5 billion (decrease -22.7%)
5. Trailers: $ 1.1 billion (increase by 2.7%)
6. Armored vehicles, tanks: 769.1 million dollars (increase by 759.8%)
7. Motorcycles: USD 633.7 million (decrease -11.7%)
8. Special purpose vehicles: USD 584.1 million (increase by 1.9%)
9. Public transport vehicles: USD 299.5 million (increase by 64.8%)
10. Bicycles, other non -motorized cycles: USD 158.4 million (decrease -16.9%)

Among these import subcategories, Australian purchases of armored vehicles and reservoirs (a rise of 759.8%), public transport vehicles (increase by 64.8%), followed by automotive parts or accessories (by 20.9%) grew on the fastest rate from 2023 to 2024.

These amounts and percentage profits in brackets clearly show where the strongest demand lies in various types of imported vehicles amongst Australian firms and consumers.

The best import of machines in Australia

In 2024, the Australian importers spent probably the most on the next 10 subcategories of machines.

1. Computers, optical readers: USD 8.4 billion (20.1% from 2023)
2. Heavy machines (bulldozers, diggers, road rolls): $ 2.5 billion (drop -18.9%)
3. Machine parts: $ 2 billion (decrease -0.9%)
4. Taps, valves, similar devices: USD 1.74 billion (increase by 16.4%)
5. Temperature changes: $ 1.69 billion (increase by 125.7%)
6. Turbo-Jets: $ 1.62 billion (increase by 28.4%)
7. Centrifuges, filters and purifiers: $ 1.61 billion (increase in $ 19.7%)
8. Air conditioners: $ 1.39 billion (increase by 26.4%)
9. Fridge, freezers: $ 1.37 billion (increase by 8.5%)
10. Various machines: $ 1.28 billion (decrease -5.9%)

Among these import subcategories, Australian purchases of temperature change machines (increase by 125.7%), turbochargers (increase by 28.4%), after which air conditioners (a rise of 26.4%) grew on the fastest rate from 2023 to 2024.

These amounts and percentage profits in brackets clearly show where the strongest demand lies in various types of imported machines amongst Australian firms and consumers.

The best import of fossil fuels in Australia

In 2024, Australian importers spent probably the most on the next 10 subcategories of mineral fuel products.

1. Processed oil oils: USD 31.6 billion (decrease -8.6% from 2023)
2. Crude oil: $ 5.2 billion (decrease -0.7%)
3. Crude oil residues: USD 571.9 million (decrease -30%)
4. Petroleum gases: USD 202.9 million (increase by $ 4.1%)
5. Coke, half -cooke: $ 124.9 million (decrease -14.1%)
6. Tar Pitch, Coke: 72.6 million dollars (increase by 31.1%)
7. Oil jelly, mineral waxes: $ 29.7 million (decrease -10.2%)
8. Carbon tar oils (hot temperature distillation): $ 26.4 million (drop -6.6%)
9. Coal, solid fuels made of coal: USD 24.7 million (decrease -36.9%)
10. Distilled tar: $ 21 million (increase by 395.3%)

Among these subcategories of imports, Australian Shopping of distilled tar (increase by 395.3%), Tar Pitch and Coke (increase by 31.1%), followed by petroleum gases (increase by 4.1%) increased from 2023 to 2024.

These amounts and percentage profits in brackets clearly show where the strongest (though decreasing) demand lies in various types of fuel imported amongst Australian firms and consumers.

The best import of electronics in Australia

In 2024, Australian importers spent probably the most on the next 10 subcategories of electronics products.

1. Telephone devices, including smartphones: USD 8.4 billion (decrease -4.4% from 2023)
2. Electrical storage faucets: $ 3.9 billion (increase by 89.4%)
3. Electric converter/energy units: $ 2 billion (increase by 15.6%)
4. Insulated cable/cable: USD 1.87 billion (by 13.7%)
5. Receivers/monitors/projectors: USD 1.84 billion (increase by 8.4%)
6. Electric water heaters, hair dryers: $ 1.3 billion (by 12.3%)
7. Microphones/headphones/amplifiers: USD 1.15 billion (increase by 8.3%)
8. Electric/optical circuits, panels: $ 1.06 billion (increase by 13.8%)
9. Television/transmission/digital camera receiver: USD 1 billion (decrease -0.7%)
10. Lower voltage switches, fuses: USD 899.5 million (increase by 12.2%)

Among these import subcategories, Australian purchases of electric batteries (up by 89.4%), electric converters or power units (increase by 15.6%), followed by electric or optical or optical panels (increase of 13.8%) on the fastest rate from 2023 to 2024.

These amounts and percentage profits in brackets clearly show where the strongest demand lies for various types of imported electronics amongst Australian firms and consumers.

See also The best business partners of AustraliaIN 10 best exports of Australia AND 10 primary export firms of Australia

Research sources:
Central Intelligence Agency, World FactBook National profiles. Access on March 9, 2025.

Forbes Global 2000 rankingsThe world’s largest public firms. Access on March 9, 2025.

Imported consumer products, 100 best imported consumer products in Australia. Access June 20, 2024

International shopping mall, Trading map. Access on March 9, 2025.

The country’s richest reports, Key statistics that drive global wealth. Access on March 9, 2025.

X-rates.com, Courses: euro to the American dollar (monthly average 2024). Access on March 9, 2025.