Australia

On this page you will find beneficial information regarding foreign direct investment in / trading with Australia. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.

It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.

Type of Government: Federal Parliamentary Constitutional Monarchy
Population: 25.98 million (2022)
GDP: 1.693 trillion USD (2022)
Corporate Tax Rate: 25%
Personal Income Tax Rate: 16% - 45%
Major Exports: The top exports of Australia are Coal Briquettes ($109B), Iron Ore ($87.9B), Petroleum Gas ($67.3B), Gold ($17.8B), and Wheat ($10.2B), exporting mostly to China ($123B), Japan ($80.1B), South Korea ($41B), India ($31.5B), and Chinese Taipei ($24.1B). In 2022, Australia was the world's biggest exporter of Coal Briquettes ($109B), Iron Ore ($87.9B), Wheat ($10.2B), Other Mineral ($8.27B), and Aluminium Oxide ($6.29B).
Major Imports: The top imports of Australia are Refined Petroleum ($37.7B), Cars ($20.8B), Delivery Trucks ($8.59B), Broadcasting Equipment ($7.46B), and Computers ($7.03B), importing mostly from China ($81.2B), United States ($29.7B), South Korea ($18.7B), Japan ($16.7B), and Singapore ($14.7B). In 2022, Australia was the world's biggest importer of Sodium or Potassium Peroxides ($1.39B).