Imports of goods to Australia increased by 0.5% month-over-month to a three-month high of AUD 38.18 billion in June 2024, mainly driven by capital goods n.e.s. Purchases of capital goods grew 3.0% to AUD 9.2 billion, supported by ADP equipment (3.8%), telecommunication equipment (0.7%), industrial transport equipment n.e.s. (1.6%), and capital goods n.e.s. (13.8%). Also, imports of intermediate and other merchandise edged up 0.1% to AUD 16.23 billion, lifted by fuels processed industrial supplies n.e.s (3.1%), parts for transport equipment (1.5%), and other parts for capital goods (0.7%). Additionally, imports of non-monetary gold increased 11.3% to AUD 799 million. By contrast, imports of consumption goods fell 1.3% to AUD 11.93 billion, dragged by non-industrial transport equipment (-4.9%), food and beverages, mainly for consumption (-1.9%), and household electrical items (-8.2%). source: Australian Bureau of Statistic

Imports in Australia increased to 38206 AUD Million in May from 36764 AUD Million in April of 2024. Imports in Australia averaged 11294.75 AUD Million from 1971 until 2024, reaching an all time high of 39308.00 AUD Million in March of 2024 and a record low of 267.00 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 August of 2024.

Imports in Australia increased to 38206 AUD Million in May from 36764 AUD Million in April of 2024. Imports in Australia is expected to be 39000.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Imports is projected to trend around 44400.00 AUD Million in 2025 and 48100.00 AUD Million in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-07-04 01:30 AM
Imports MoM
May 3.9% -7.0%
2024-08-01 01:30 AM
Imports MoM
Jun 0.5% 3.3%


Related Last Unit Reference
Balance of Trade 5589.00 AUD Million Jun 2024
Capital Flows 8307.00 AUD Million Mar 2024
Crude Oil Production 256.00 BBL/D/1K Apr 2024
Current Account -4896.00 AUD Million Mar 2024
Current Account to GDP -0.70 percent of GDP Mar 2024
Exports MoM 43765.00 AUD Million Jun 2024
Exports by Category
Exports by Country
External Debt 2411773.00 AUD Million Mar 2024
Foreign Direct Investment 45000.00 AUD Million Dec 2023
Gold Reserves 79.87 Tonnes Jun 2024
Imports MoM 38176.00 AUD Million Jun 2024
Imports by Category
Imports by Country
Terms of Trade 119.90 points Jun 2024
Terrorism Index 1.48 Points Dec 2023
Tourist Arrivals 600780.00 May 2024
Weapons Sales 67.00 SIPRI TIV Million Dec 2023

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).
Actual Previous Highest Lowest Dates Unit Frequency
38176.00 37978.00 39308.00 267.00 1971 - 2024 AUD Million Monthly
SA


News Stream
Australia Imports Grow 0.5% in June
Imports of goods to Australia increased by 0.5% month-over-month to a three-month high of AUD 38.18 billion in June 2024, mainly driven by capital goods n.e.s. Purchases of capital goods grew 3.0% to AUD 9.2 billion, supported by ADP equipment (3.8%), telecommunication equipment (0.7%), industrial transport equipment n.e.s. (1.6%), and capital goods n.e.s. (13.8%). Also, imports of intermediate and other merchandise edged up 0.1% to AUD 16.23 billion, lifted by fuels processed industrial supplies n.e.s (3.1%), parts for transport equipment (1.5%), and other parts for capital goods (0.7%). Additionally, imports of non-monetary gold increased 11.3% to AUD 799 million. By contrast, imports of consumption goods fell 1.3% to AUD 11.93 billion, dragged by non-industrial transport equipment (-4.9%), food and beverages, mainly for consumption (-1.9%), and household electrical items (-8.2%).
2024-08-01
Australia Imports Rise 3.9% MoM
Imports of goods to Australia grew by 3.9% month-over-month to AUD 38.21 billion in May 2024. It was a reversal from a marginally revised 7.0% plunge in the previous month, with purchases rising for all components. Imports of intermediate and other merchandise expanded 6.6% to AUD 16.40 billion, lifted by fuels and lubricants (10.8%), processed industrial supplies n.e.s (6.5%), other parts for capital goods (1.9%), and iron & steel (4.6%). Also, imports of consumption goods added 2.4% to AUD 12.11 billion, supported by non-industrial transport equipment (2.9%), consumption goods n.e.s (2.4%), textiles, clothing and footwear (1.7%), and food and beverages, mainly for consumption (3.1%). Further, purchases of capital goods edged up 0.5% to AUD 8.9 billion, helped by ADP equipment (22.9%, telecommunication equipment (1.0%), and and civil aircraft and confidentialised items (60.1%). Addditionally,imports of non-monetary gold climbed 14.9% to AUD 718 million.
2024-07-04
Australia Imports Tumble to 3-Month Low
Imports of goods to Australia plunged by 7.2% month-over-month to a three-month low AUD 36.77 billion in April 2024. Purchases of intermediate and other merchandise slumped 9.6% to AUD 15.36 billion, pressured by processed industrial supplies n.e.s (-19.0%), fuels and lubricants (-8.9%), other parts for capital goods (-6.5%), and iron & steel (-3.4%). Also, imports of consumption goods shrank 5.4% to AUD 11.79 billion, weighed by consumption goods n.e.s (-11.3%), textiles, clothing and footwear (-14.4%), and food and beverages, mainly for consumption (-6.1%). Further, purchases of capital goods contracted 5.8% to AUD 9.0 billion, dragged by ADP equipment (-22.0%), machinery and industrial equipment (-6.2%), industrial transport equipment n.e.s. (-2.6%), and civil aircraft and confidentialised items (-35.4%). On the other hand, imports of non-monetary gold rose 2.5% to AUD 625 million.
2024-06-06


International Trade
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