International Trade: Supplementary Information, Financial Year

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International Trade in Goods and Services data on a financial year basis by country and state

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Reference period
2024-25 financial year
Release date and time
17/12/2025 11:30am AEDT

Key statistics

  • Australia's balance on goods and services was a surplus at $16.7b in 2024–25.
  • Total goods and services exports (credits) fell $13.3b (2.0%) to $646.6b.
  • Total goods and services imports (debits) rose $26.2b (4.4%) to $629.9b.

Trade in Goods data included in the Key statistics section is on a Balance of Payments basis (original, current prices).

Trade in Goods data in the Total merchandise and services trade by country section and the Data downloads is on a merchandise trade basis (original, current prices).

For information about the differences in compilation, refer to International Merchandise Trade, Australia: Concepts, Sources and Methods.

Total merchandise and services trade by country

Total exports

In 2024–25, Australia’s top 5 partner countries for merchandise trade and services exports were:

  1. China which fell $23.7b (11.2%) to $188.7b
  2. Japan which fell $10.9b (13.5%) to $69.7b
  3. United States of America which rose $16.7b (44.0%) to $54.6b
  4. South Korea which fell $1.1b (2.5%) to $41.3b
  5. India which rose $0.7b (2.1%) to $35.0b

These five countries made up 60.2% of Australia's exports.

Total imports

In 2024–25, Australia’s top 5 partner countries for merchandise trade and services imports were:

  1. China which rose $7.4b (6.5%) to $120.0b
  2. United States of America which rose $8.7b (9.9%) to $96.8b
  3. Japan which fell $0.5b (1.5%) to $32.4b
  4. Singapore which rose $2.1b (8.7%) to $26.4b
  5. Thailand which fell $1.2b (5.0%) to $23.5b

These five countries made up 48.9% of Australia's imports.

  1. Imports data for Japan for 2021–22 has been excluded due to confidentiality restrictions. Data with confidentiality restrictions 'No commodity details' are excluded from individual country totals and included in 'No country details'. For further information about confidentiality restrictions, see the Methodology.  

Trade in services

In 2024–25:

  • The balance on services was a deficit of $37.7b.
  • Services exports (credits) rose $9.9b (7.9%) to $134.3b.
  • Services imports (debits) rose $11.7b (7.3%) to $172.1b.
  1. Trade in services balance is exports (credits) less imports (debits). A negative balance indicates imports exceeds exports.

Exports of services

In 2024–25:

  • Total exports of services rose $9,891m (7.9%) to $134,324m.
  • Transport services rose by $381m (4.9%) to $8,219m.
  • Travel services rose by $5,096m (6.6%) to $81,867m.
  • All other services rose $4,414m (11.1%) to $44,238m.
  1. Includes Manufacturing services on physical inputs owned by others, Maintenance and repair services n.i.e; Construction; Insurance and pension services; Financial services; Charges for the use of intellectual property n.i.e; Telecommunications, computer and information services; Other Business services; Personal, cultural, and recreational services; and Government goods and services n.i.e.

Services exports by state

In 2024–25:

  • State services exports were driven by Education related and Other personal travel.
  • Victoria and Western Australia recorded the strongest rise in services exports.
  • New South Wales and Victoria represented 45.2% and 26.7% of all services exports, respectively.

Services exports by country

In 2024–25:

  • China replaced USA as Australia’s largest services export partner, accounting for 13.5% of total services exports.
  • Total services exports to China rose $2,292m (14.4%) to $18,190m.
  • United States of America was Australia’s second largest services exports partner, accounting for 13.4% of total services exports.
Services exports by country (a)
Country (b)2024–25
($m)		2024–25
(% contribution)		Change from 2023–24
($m)
China18,19013.52,292
United States of America18,00913.42,039
Asia, nes13,99410.4571
India11,1398.3689
United Kingdom9,1506.8904
New Zealand6,8445.1202
Singapore5,3254.0588
Europe, nes3,0512.3687
Japan3,0322.3103
Hong Kong3,0152.2233
All other countries42,57531.71,583
Total134,324100.09,891

nes - not elsewhere specified

  1. For sign conventions, refer to the Methodology.
  2. Refer to the Methodology for an explanation of partner countries and groups.

Where figures have been rounded, discrepancies may occur between sums of the component items and totals.

Imports of services

In 2024–25:

  • Total imports of services rose $11,677m (7.3%) to $172,051m.
  • Transport services rose $2,189m (8.2%) to $28,895m.
  • Travel services rose $2,876m (4.2%) to $71,091m.
  • All other services rose $6,612m (10.1%) to $72,065m.
  1. Negative sign not presented in this table but included in data tables. For sign conventions, refer to the Methodology.
  2. Includes Manufacturing services on physical inputs owned by others, Maintenance and repair services n.i.e; Construction; Insurance and pension services; Financial services; Charges for the use of intellectual property n.i.e; Telecommunications, computer and information services; Other Business services; Personal, cultural, and recreational services; and Government goods and services n.i.e.

Services imports by state

In 2024–25:

  • All states recorded a rise in services imports.
  • New South Wales and Victoria represented 41.6% and 24.6% of all services imports, respectively.
  1. Negative sign not presented in this table but included in data tables. For sign conventions, refer to the Methodology.

Services imports by country

In 2024–25:

  • United States of America remained Australia’s largest import partner for services, accounting for 25.6% of total services imports.
  • Total service imports from the United States of America rose $4,891m (12.5%) to $44,035m.
  • New Zealand replaced the United Kingdom as Australia’s second largest import partner.

 

Services imports by country (a)
Country (b)2024–25
($m)		2024–25
(% contribution)		Change from 2023–24
($m)
United States of America44,03525.64,891
New Zealand11,3246.6289
United Kingdom11,1766.5-218
Indonesia10,6886.2765
Asia, nes8,7405.1149
Singapore8,1914.8210
Japan7,4964.4935
India6,2363.6216
China5,8583.4857
Germany5,0502.991
All other countries53,25731.03,492
Total172,051100.011,677
  1. Negative sign not presented in this table but included in data tables. For sign conventions, refer to the Methodology.
  2. Refer to the Methodology for an explanation of partner countries and groups.

Where figures have been rounded, discrepancies may occur between sums of the component items and totals.

Travel services exports

In 2024–25: 

  • All travel services export categories rose.
  • Travel services exports rose $5,096m (6.6%) to $81,867m, representing 60.9% of total services exports.
  • Education related travel services accounted for 65.4% of Travel services exports.

Travel services exports by state

In 2024–25:

  • Victoria rose $3,451m (16.1%) to $24,856m.
  • Western Australia rose $1,089m (15.9%) to $7,925m.
  • New South Wales rose $1,034m (3.7%) to $29,326m.

Travel services exports by country

In 2024–25:

  • China rose $2,282m (15.7%) to $16,853m.
  • India rose $624m (6.3%) to $10,502m.
  • United Kingdom rose $431m (16.3%) to $3,068m.
Travel services exports by country (a)
Country (b)2024–25
($m)		2024–25
(% contribution)		Change from 2023–24
($m)
China 16,85320.62,282
India10,50212.8624
Nepal4,2945.2-106
United Kingdom3,0683.7431
New Zealand2,9293.6169
All other countries44,22154.01,696
Total81,867100.05,096
  1. For sign conventions, refer to the Methodology.
  2. Refer to the Methodology for an explanation of partner countries and groups.

Where figures have been rounded, discrepancies may occur between sums of the component items and totals
 

Education related travel services

In 2024–25:

  • Education related travel services rose $2,539m (5.0%) to $53,571m.
  • Education related travel services rose in New South Wales, Victoria and Western Australia.
  • China rose $1,497m (12.3%) to $13,675m, and was the largest exports partner for Education related travel services accounting for 25.5% of the total.
  • India rose $411m (4.6%) to $9,300, and Bangladesh rose by $373m (36.9%) to $1,385m.

Other personal travel services

In 2024–25:

  • Other personal related travel services rose $1,332m (6.1%) to $23,002m.
  • Other personal related travel services rose in Victoria, Western Australia and the Australian Capital Territory.
  • China rose $578m (29.6%) to $2,530m, and was Australia's largest exports partner of Other personal travel services, accounting for 11.0% of the total.
  • United Kingdom rose $293m (14.2%) to $2,362m, and was Australia's second largest exports partner of Other personal travel services, accounting for 10.3% of the total.

Travel services imports

In 2024–25: 

  • Travel services imports rose $2,876m (4.2%) to $71,091m.
  • Travel services imports accounted for 41.3% of total services imports.

Travel services imports by state

In 2024–25: 

  • Imports of Travel services rose for all states.
  • Queensland rose $919m (7.4%) to $13,414m.
  • Western Australia rose $877m (10.1%) to 9,546m.
  • Victoria rose $648m (3.4%) to $19,625m.
  1. Negative sign not presented in this table but included in data tables. For sign conventions, refer to the Methodology.

Travel services imports by country

In 2024–25: 

  • Indonesia remained the largest import partner of Travel services, accounting for 14.5% of total travel imports, followed by New Zealand with 11.3%.
  • Countries with the largest increases in imports of Travel services were Japan which rose $871m (20.1%) to $5,210m, Indonesia which rose $627m (6.5%) to $10,274m and China which rose $577m (18.2%) to $3,739m.
Travel services imports by country (a)
Country (b)2024–25
($m)		2024–25
(% contribution)		Change from 2023–24
($m)
Indonesia10,27414.5627
New Zealand8,06311.320
Japan5,2107.3871
United States of America4,2536.0-172
United Kingdom3,7495.3-124
All other39,54255.61,654
Total71,091100.02,876
  1. Negative sign not presented in this table but included in data tables. For sign conventions, refer to the Methodology.
  2. Refer to the Methodology for an explanation of partner countries and groups.

Where figures have been rounded, discrepancies may occur between sums of the component items and totals

Transport services imports

In 2024–25:

  • Imports of Transport services rose $2,189m (8.2%) to $28,895m.
  • Passenger services rose $780m (8.7%) to $9,796m.
  • Freight services rose $1,103m (6.6%) to $17,911m.
  1. Negative sign not presented in this table but included in data tables. For sign conventions, refer to the Methodology.

Data downloads

Table 1. Merchandise exports, by selected countries, by six month aggregates, FOB value

Data files
Download xlsx [49.58 KB]

Table 2. Merchandise imports, by selected countries, by six month aggregates, customs value

Data files
Download xlsx [39.1 KB]

Table 3. International trade in services, credits, state by financial year, $m

Data files
Download xlsx [124.06 KB]

Table 4. International trade in services, debits, state by financial year, $m

Data files
Download xlsx [118.46 KB]

Table 5. International trade in services, credits, financial year by country and service, $m

Data files
Download xlsx [147.4 KB]

Table 6. International trade in services, debits, financial year by country and service, $m

Data files
Download xlsx [161.33 KB]

Table 7. International trade in services, credits, financial year by country and travel service, $m

Data files
Download xlsx [1.4 MB]

Table 8. International trade in services, debits, financial year by country and travel service, $m

Data files
Download xlsx [266.97 KB]

Table 9. International trade in services, credits, education related travel, by education sector, by type of expenditure by financial year, $m

Data files
Download xlsx [30.33 KB]

Changes and revisions in this issue

Reference period

Trade in goods imports (debits) and exports (credits) grand totals, referred to in the Key statistics section, and all trade in services statistics, were compiled on a Balance of Payments basis (original, current prices) and are aligned with the September 2025 issue of Balance of Payments and International Investment Position, Australia, released in December 2025.

All merchandise trade country totals, along with grand totals in Tables 1 and 2, are compiled on a merchandise trade basis (original, current prices) and are aligned with the July 2025 monthly issue of International Trade in Goods, released in September 2025. Estimates for trade in goods for January 2025 to June 2025 are preliminary, all other periods represent final data.

Country name changes

All references to 'Occupied Palestinian Territories' have been updated to 'Palestine' in the data cubes.

Additional information regarding country names is available in the Standard Australian Classification of Countries (SACC), 2016 publication.

Revisions

This publication includes historical revisions which are also included in the Australian System of National Accounts, 2024–25, released in October 2025, and the September 2025 issue of Balance of Payments and International Investment Position, Australia, released in December 2025.

Impacts from improved transport passenger services estimates

This publication includes a newly introduced data source to measure transport passenger services exports estimates. The inclusion of new estimates has led to revisions in the transport passenger services exports series from the September 2021 quarter. For more information refer to the Methodology.

Revisions to travel services debits

This publication incorporates revisions to the Travel Services debits series following the reintroduction of the National Visitors Survey (NVS) data to determine the 2022–23 annual benchmark which resulted in revisions to Travel Services debits back to 2022–23. The revised estimates more accurately reflect the value of travel debits as the pattern of Australian residents travelling overseas returns towards pre-pandemic levels. 

Previous catalogue number

This release previously used catalogue number 5368.0.55.004.

Acknowledgement

The ABS would like to thank the Department of Foreign Affairs and Trade (DFAT) who have provided funding and support for this publication.

Methodology

International Trade: Supplementary Information, Financial Year methodology, 2024-25 financial year