1
IBISWORLD Logo
  • Flag United States US
  • Flag Australia AU
  • Flag Canada CA
  • Flag EU Pan-EU
  • Flag China CN
  • Flag Germany DE
  • Flag New Zealand NZ
  • Flag United Kingdom UK
  • Flag Ireland IE
  • Flag Mexico MX
  • Flag United Nations Global
  • Log in
  • Contact us
IBISWORLD Logo
  • Industry Reports
    • By Sector
      • Accommodation & Food Services
      • Administration & Business Support Services
      • Agriculture, Forestry, Fishing & Hunting
      • Arts, Entertainment & Recreation
      • Construction
      • Educational Services
      • Finance & Insurance
      • Healthcare & Social Assistance
      • Information
      • Manufacturing
      • Mining
      • Personal Services
      • Professional, Scientific & Technical Services
      • Public Administration & Safety
      • Real Estate, Rental & Leasing
      • Retail Trade
      • Transportation & Warehousing
      • Thematic Reports
      • Utilities
      • Wholesale Trade
    • Other Sectors
      • Advisory & Financial Services
      • Business Franchises
      • Consumer Goods & Services
      • Industrial Machinery, Gas & Chemicals
      • Life Sciences
      • Online Retail
      • Retail Market
      • Specialist Engineering, Infrastructure & Contractors
      • Technology
      • Water Supply; Sewerage, Waste Management and Remediation Activities
    • By Country
      • United States United States
      • Canada Canada
      • Mexico Mexico
      • Australia Australia
      • New Zealand New Zealand
      • China China
      • Pan-EU Pan-EU
      • France France
      • Germany Germany
      • Italy Italy
      • Ireland Ireland
      • Spain Spain
      • United Kingdom United Kingdom
    • View All Industry Reports
  • Research Solutions
    • IBISWorld Products
      • Products Overview
      • Industry Research Reports
      • iExpert Summary Reports
      • Early Warning System
      • Business Environment Profiles
      • Industry Financial Ratios
      • Industry Risk Rating Reports
      • Industry Data Wizard
      • State & Provincial Reports
      • US Segment Benchmarking
      • US Company Benchmarking
      • US Benchmarking Pro
      • Salesforce App
      • API Solutions
      • Australia SME Industry Reports
      • AU & NZ Enterprise Profiles
    • IBISWorld For Your Role
      • Academics
      • Accounting
      • Business Valuations
      • Commercial Banking
      • Consulting
      • Government Agencies
      • Investment Banks
      • Law Firms
      • Marketing
      • Private Equity
      • Sales
      • Specialized Librarians
    • AU & NZ Enterprise Profiles
      • View by Sector
    • US Company Benchmarking
      • View by Sector
  • About us
    • Company
      • Our Story
      • Our Team
      • Client Success Stories
      • Phil Ruthven - the Founder
      • Careers
      • Contact Us
      • FAQ - Help Center
      • Modern Slavery Statement
    • Membership
      • Membership Inquiry
      • Free Demo
      • Free Sample Report
      • Newsletter
    • By Country
      • Australia
      • Canada
      • China
      • Germany
      • Mexico
      • New Zealand
      • United Kingdom
      • United States
      • EU
  • Resources
    • News & Insights
      • Industry Insider Blog
      • Analyst Insights
      • Special Reports
      • From the Founder
      • Coronavirus Insights
    • Resources
      • Applying Industry Research
      • Industry Classifications
    • Trends & Statistics
      • Industry Statistics
      • Industry Trends
      • US State Economic Profiles
      • Canada Province Economic Profiles
      • Business Environment Profiles
    • Media
      • Press Releases
Log in
Contact us

Biggest Exporting Industries in Australia in 2023

Based on the expert analysis and our database of 750+ AU industries, IBISWorld presents a list of the Biggest Exporting Industries in Australia in 2023

The 10 Biggest Exporting Industries in Australia

Industry
Exports for 2023
1.

Iron Ore Mining in Australia

$157.2B
2.

Coal Mining in Australia

$132.7B
3.

Oil and Gas Extraction in Australia

$85.1B
4.

Liquefied Natural Gas Production in Australia

$55.7B
5.

Gold and Other Non-Ferrous Metal Processing in Australia

$34.9B
6.

Grain Growing in Australia

$25.7B
7.

Meat Processing in Australia

$16.0B
8.

Copper Ore Mining in Australia

$8.2B
9.

Copper, Silver, Lead and Zinc Smelting and Refining in Australia

$7.8B
10.

Aluminium Smelting in Australia

$5.9B

Want to see more biggest exporting industries?

View a list of the Top 25 biggest exporting industries

Biggest Exporting Industries in Australia in 2023

  • 1. Iron Ore Mining in Australia

    Exports for 2023: $157.2B

    Iron ore miners have benefited from major increases in iron ore prices, and modest growth in production volumes over the past five years. Iron ore revenue is expected to increase at an annualised 8.1% over the five years through 2022-23, to total an estimated $124.1 billion. Strong demand from China and disruptions to iron ore producers in Brazil prior to, and during the COVID-19 pandemic, sent iron ore prices soaring. Iron ore prices are projected to fall in 2022-23, prompting iron ore revenue to drop an estimated 16.2% over the year.

    Over the past decade, strong economic growth in China has... Learn More

  • 2. Coal Mining in Australia

    Exports for 2023: $132.7B

    Coal is a key input in steelmaking and energy generation. Although coal deposits are found all over the world, Australia is one of the world's lowest cost producers and a major coal exporter. Domestic reserves exceed domestic demand, are high grade and economical to access. As a result, exports account for a large share of coal mining revenue. Imports are negligible, as local production is higher than domestic demand for coal. Black coal mining accounts for most activity, with some brown coal used domestically for electricity generation in Victoria.

    Coal mining revenue is expected to grow at an annualised 14.6% over... Learn More

  • 3. Oil and Gas Extraction in Australia

    Exports for 2023: $85.1B

    Oil and gas producers have experienced significant revenue volatility. Changes in oil and gas prices, exchange rate movements, annual production volumes, and domestic and export demand for oil and gas all influence performance. Output has expanded over the past decade, while world oil and natural gas prices have displayed significant volatility.

    Australia's natural gas production, which makes up most of the industry has soared over the past decade as new gas fields have been developed to feed Australia's liquefied natural gas (LNG) facilities. Global trade in LNG has expanded with growing demand for LNG in Asian markets and weakness in the... Learn More

  • 4. Liquefied Natural Gas Production in Australia

    Exports for 2023: $55.7B

    Liquefied natural gas (LNG) production has rapidly expanded, as project development has increased the scale and production capacity of the industry. Australian liquefied natural gas (LNG) exports have increased from 20.0 million tonnes in 2010-11 to 80.9 million tonnes in 2022-23. LNG revenue is expected to rise at an annualised 20.7% over the five years through 2022-23, to $90.3 billion.

    The wave of project development that occurred across the industry over the past decade has now concluded. Ten LNG facilities are now operational, including the Prelude and Ichthys projects, which shipped their first cargoes in 2018-19. Together, the industry's 10 LNG... Learn More

  • 5. Gold and Other Non-Ferrous Metal Processing in Australia

    Exports for 2023: $34.9B

    Refined gold volumes are anticipated to total 283.5 tonnes in 2023-24, down from 293.0 tonnes in 2018-19. Despite strong gold demand, refining volumes dropped off as production was hamstrung by border closures and restrictions.

    Surging gold prices and lithium hydroxide production have outweighed reduced refined gold volumes, leading to strong revenue growth. Industry revenue is anticipated to increase at an annualised 18.1% over the five years through 2023-24, to total $52.9 billion. Much of this surge was in 2022-23, due to the rapid expansion of lithium hydroxide processing. Growth is expected to drop to 2.7% in 2023-24, as gold prices ease... Learn More

  • 6. Grain Growing in Australia

    Exports for 2023: $25.7B

    Grain growing in Australia is export-oriented and produces wheat, barley, canola, other grains and oilseeds. Revenue has fluctuated over the past five years, due to volatile weather conditions, global grain prices and crop supplies. Revenue is expected to grow at an annual average rate of 17.3% over the five years through 2022-23, to reach an estimated $27.7 billion. As Russia is a major producer of fertiliser, a key industry input, its price has significantly risen in 2021-22 due to the Russia-Ukraine conflict. Industry profitability has therefore fallen over the period as purchase costs have increased. However, higher output volumes due... Learn More

  • 7. Meat Processing in Australia

    Exports for 2023: $16.0B

    The Meat Processing industry has been enduring a period of decline. Volatile production volumes and labour shortages caused by the COVID-19 pandemic have constrained meat processing operations at times. Demand from export markets has remained strong, despite exports heavily weakening in 2020-21, caused by a dip in demand from China. Australian meat exporters found new homes for their products, mainly in South Korea. But, just as export revenue resurged in 2021-22, import competition intensified, causing a revenue shortfall in that year.

    Strong export demand and herd rebuilding activity have caused meat shortages, driving up domestic beef and sheep meat prices. Escalating... Learn More

  • 8. Copper Ore Mining in Australia

    Exports for 2023: $8.2B

    Copper mining revenue is expected to increase at an annualised 3.8% over the five years through 2023-24, to an estimated $9.8 billion. This strong growth is due to higher copper prices, and stronger demand growth from China for copper used in construction, communications and manufacturing. Copper prices have risen as global copper demand has increased, and production has weakened. Highly advanced economies, such as Japan, have also supported demand growth through higher domestic production volumes. Australia is one of the world's major copper mining countries, behind Chile, Peru, China, Democratic Republic of Congo, and the United States.

    Australia's copper ore production... Learn More

  • 9. Copper, Silver, Lead and Zinc Smelting and Refining in Australia

    Exports for 2023: $7.8B

    The Copper, Silver, Lead and Zinc Smelting and Refining industry has faced volatile conditions over recent years due to volatile pricing and refineries generating a high proportion of industry revenue by providing refining and smelting services to mining companies as a third-party service. As mining companies can export ore concentrate overseas to be refined, industry firms that service mining companies need to be price and service competitive. Industry volumes and revenue are greatly influenced by changes in demand for smelting and refining services and the production output of mining companies that also operate in the industry. Overall, industry revenue is... Learn More

  • 10. Aluminium Smelting in Australia

    Exports for 2023: $5.9B

    The Aluminium Smelting industry's performance has improved in recent years. Exports continue to take up over 85% of industry revenue as rising export prices place upwards pressure on industry revenue. Recovering demand from major domestic markets over recent years has further seen revenue grow as the low value-to-weight ratio of industry products typically makes high-volume imports uneconomical. Overall, industry revenue is expected to rise at an annualised 2.0% over the five years through 2023-24, to $6.78 billion. This includes an anticipated rise of 5.2% in the current year.

    Australia is the world's largest producer of major industry inputs like bauxite and... Learn More

More Industry Trends

Biggest Industries by Employment in Australia in 2023

Based on the expert analysis and our database of 750+ AU industries, IBISWorld presents a list of the Biggest Industries by Employment in Australia in 2023

VIEW ARTICLE

Biggest Industries By Revenue in Australia in 2023

Based on the expert analysis and our database of 750+ AU industries, IBISWorld presents a list of the Biggest Industries By Revenue in Australia in 2023

VIEW ARTICLE

Want to see what a full IBISWorld report looks like?

Download a free sample report today to discover the breadth and depth of information available at your fingertips!

GET SAMPLE REPORT

Modal Header









GLOBAL

  • Australia
  • Canada
  • China
  • Europe
  • Germany
  • Mexico
  • New Zealand
  • United Kingdom
  • United States
  • chat_bubbleDeutsch

PRODUCTS

  • API Solutions
  • AU & NZ Enterprise Profiles
  • Business Environment Profiles
  • Call Prep Insights for Salesforce
  • Early Warning System
  • iExpert Summary Reports
  • Industry Research Reports
  • Industry Risk Rating Reports
  • Industry Financial Ratios
  • Industry Data Wizard
  • State & Provincial Reports
  • US Segment Benchmarking
  • US Company Benchmarking
  • US Benchmarking Pro
  • Industry Insider
  • SME Industry Reports

COMPANY

  • Our Story
  • Our Team
  • Client Success Stories
  • Careers
  • Contact Us
  • FAQ - Help Center
  • Industry Classifications
  • Modern Slavery Statement

MEMBERSHIP

  • Membership Inquiry
  • Request a Demo
  • Free Sample Report
  • Newsletter
  • Login
  • FOLLOW US
© 2023 IBISWorld. All rights reserved.
  • Terms of Use
  • Cookie Policy
  • Privacy Policy
  • Sitemap