2022
Exports
$3.8MWorld Rnk 47 / 197
Flag Rnk 670 / 1208
2022
PRODUCT COMPLEXITY IN Party Decorations
-0.73Rnk 764 / 1025
2022
Imports
$214MWorld Rnk 9 / 221
Flag Rnk 227 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $3.8M in Party Decorations, making it the 47th largest exporter of Party Decorations in the world. At the same year, Party Decorations was the 670th most exported product in Australia. The main destination of Party Decorations exports from Australia are: United States ($1.27M), New Zealand ($1.17M), China ($412k), Malaysia ($255k), and Singapore ($117k).

The fastest growing export markets for Party Decorations of Australia between 2021 and 2022 were United States ($816k), China ($319k), and Malaysia ($111k).

Imports In 2022, Australia imported $214M in Party Decorations, becoming the 9th largest importer of Party Decorations in the world. At the same year, Party Decorations was the 227th most imported product in Australia. Australia imports Party Decorations primarily from: China ($196M), United States ($5.47M), Thailand ($2.68M), India ($1.5M), and Poland ($1.01M).

The fastest growing import markets in Party Decorations for Australia between 2021 and 2022 were Thailand ($477k), Philippines ($358k), and Chinese Taipei ($183k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Party Decorations. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.8M
IMPORTS (2022)$214M
NET TRADE (2022)-$210M

In 2022, Australia exported $3.8M in Party Decorations. The main destinations of Australia exports on Party Decorations were United States ($1.27M), New Zealand ($1.17M), China ($412k), Malaysia ($255k), and Singapore ($117k).

In 2022, Australia imported $214M in Party Decorations, mainly from China ($196M), United States ($5.47M), Thailand ($2.68M), India ($1.5M), and Poland ($1.01M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Party Decorations EXPORT MARKETS FOR Australia WERE (2021 - 2022):
United States$816k (180%)
China$319k (343%)
Malaysia$111k (77.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Party Decorations BY Australia WERE (2021 - 2022):
New Zealand-$2.98M (-71.8%)
Netherlands-$347k (-89.8%)
Singapore-$194k (-62.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Party Decorations were:
In 2022, Australia's main importing competitors in Party Decorations were:

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Trade Value of Party Decorations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $739k
TOP IMPORT POTENTIALIndia+ $1.52M

Party Decorations’s highest export potential is United States. With an export gap of $739k.   Party Decorations’s highest import potential is India with an import gap of $1.52M.

See methodology.

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