Strategic Lens

India and Australia

First country

Continent

Country

Second country

Continent

Country

Category

In 2025, India sold USD 7.75 billion of goods to Australia and bought USD 16.0 billion from it. The DESTA database lists 1 trade agreement that includes both countries, the most recent being Australia India (2022). Both are members of the G20 and the Commonwealth of Nations. Their agreement score in UN General Assembly voting was 56 percent in 2023, and 56 percent on average over 2019 to 2023. In 2025, Australia sold USD 322 million of fertilisers to India.

Benefits

BothTwo-way trade in goods grew 75 percent, from USD 13.5 billion in 2019 to USD 23.7 billion in 2025.
BothTwo-way trade in critical minerals and metals grew about 4.7 times, from USD 205 million in 2019 to USD 966 million in 2025.
BothTwo-way trade in agricultural and food products grew about 4.7 times, from USD 428 million in 2019 to USD 2.01 billion in 2025.

Constraints

BothTwo-way trade in mineral fuels and oils is 45 percent below its 2022 peak of USD 20.3 billion.
BothFlows are one-sided: in 2025, Australia sold USD 964 million of critical minerals and metals, against USD 1.6 million the other way.
BothFlows are one-sided: in 2025, Australia sold USD 322 million of fertilisers, and India sold almost none.

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026); DESTA: Design of Trade Agreements database, version 02_03 (retrieved 25 September 2026); Wikidata, statements on membership (property P463) (retrieved 26 September 2026); United Nations General Assembly voting data (Voeten, Strezhnev and Bailey), agreement scores (retrieved 25 September 2026)

Last updated on 26 September 2026

At a glance

Goods trade, both ways: USD 23.7 billion; 2025, as reported by India
India to Australia: USD 7.75 billion; 2025, as reported by India
Australia to India: USD 16.0 billion; 2025, as reported by India

What connects India and Australia

Economy

Trade in goodsIn 2025, India sold USD 7.75 billion of goods to Australia and bought USD 16.0 billion from it.

Resources

EnergyIn 2025, India sold USD 3.29 billion of mineral fuels and oils to Australia and bought USD 7.86 billion from it.Critical mineralsIn 2025, India sold USD 1.6 million of critical minerals and metals to Australia and bought USD 964 million from it.Agriculture and foodIn 2025, India sold USD 519 million of agricultural and food products to Australia and bought USD 1.50 billion from it.FertiliserIn 2025, Australia sold USD 322 million of fertilisers to India.

Industry

Supply chains and manufacturingIn 2025, India sold USD 855 million of machinery, vehicles and iron and steel to Australia and bought USD 284 million from it.TechnologyIn 2025, India sold USD 381 million of electrical and electronic equipment to Australia and bought USD 57.3 million from it.Pharma and healthIn 2025, India sold USD 475 million of pharmaceutical products to Australia and bought USD 22.2 million from it.

Diplomacy

Agreements and treatiesThe DESTA database lists 1 trade agreement that includes both countries, the most recent being Australia India (2022).Multilateral alignmentBoth are members of the G20 and the Commonwealth of Nations. Their agreement score in UN General Assembly voting was 56 percent in 2023, and 56 percent on average over 2019 to 2023.Diaspora and mobilityIn 2024, 876 thousand people born in India lived in Australia, and 2 thousand people born in Australia lived in India.