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Australia

A research starting point for understanding Australia from an Indian business perspective.

Last updated: 4 October 2026

India
Australia flagAustralia

India-focused research

Australia country briefing artwork

Country overview

Capital
Canberra
Region
Australia
Currency
Australian dollar (AUD)
Time zone
Multiple time zones; daylight saving varies by state and territory. Verify the operating location.

Source: World Bank country metadata

View source
Australia flag

Market snapshot

Key indicators for the selected market. Country indicators are dated; trade figures use the latest available year.

Population

27.19M

2024

World Bank

View source
GDP

US$1757.02B

2024

World Bank

View source
GDP growth

1.4%

2024

World Bank

View source
Import market size

US$308.68B

2025

WTO Tariff & Trade Data, UN Comtrade

View source
Indicator notes & verification

World Bank indicators refer to 2024. WTO merchandise imports refer to 2025 and exclude services. National time-zone guidance is not one offset; state, territory and daylight-saving differences require location-specific verification. Agreement dates were found in official DFAT search results but the full pages could not be read.

Last verified: 4 October 2026

Data years: Population: 2024; GDP: 2024; GDP growth: 2024; Import market size: 2025

India-Australia trade relationship

Historical exports and leading recorded products, not a forecast of demand.

US$7.84B

-2.0% YoY

India exports to Australia (2024)

Source: CEPII BACI HS17 via India Trade Routes

See full trade series
Trade notes
2023: US$8.01B2024: US$7.84B
Direction only; not a scaled chart.

Recorded route summary

India recorded exports to Australia in every BACI year from 2017 to 2024. In 2024, India's exports to Australia were $7.84B, down 2.0% year over year. The 3 largest HS6 products by value were Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils (HS 271000, $3.16B, 40.3% of the total); Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale (HS 300490, $440.0M, 5.6% of the total); Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof (HS 711319, $186.3M, 2.4% of the total).

Top Indian exports to Australia (2024)

  1. 1
    Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils. Expand full product description.

    HS6 271000

    US$3.16B
  2. 2
    Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale. Expand full product description.

    HS6 300490

    US$439.98M
  3. 3
    Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof. Expand full product description.

    HS6 711319

    US$186.32M

Why research this market?

Four research lenses to understand the market, not a recommendation to enter it.

Demand

Australia recorded US$308.68B in merchandise imports in 2025. Investigate product-specific buyers rather than treating this aggregate as a demand forecast.

View details Demand

Source: WTO Tariff & Trade Data, UN Comtrade (2025)

View source

Check the linked evidence and its date before acting.

Capability

Review delivery distances, localisation, product fit and customer support.

View details Capability

This research guidance has no linked supporting evidence yet.

Access

Verify ECTA product schedules and origin rules. Do not assume every product receives preferential treatment.

View details Access

This research guidance has no linked supporting evidence yet.

Expansion

Assess location, staffing, operating responsibilities and costs before committing.

View details Expansion

This research guidance has no linked supporting evidence yet.

Explore sectors

Choose a research focus. No sector has been established as an opportunity in this country.

Market entry

Possible routes to evaluate, not recommendations for this country.

Direct sales

Evaluate buyer access, contracting, fulfilment and support.

  1. 01Indian business

  2. 02Entry route

  3. 03Buyer or partner

  4. 04Local operations

  5. 05Expansion

Questions before entering

Check these against your product, HS code and business model.

Regulatory & compliance

Verify current requirements with the relevant authority before acting. This is not legal or tax advice.

01

Business registration

Consult Business.gov.au and verify business structure, registration, licences and permits for the proposed operation.

Source: Business.gov.au

View source
View details Business registration

What to verify

Consult Business.gov.au and verify business structure, registration, licences and permits for the proposed operation.

Relevant source: Business.gov.au

Last verified: 4 October 2026

View source
02

Import & export

Verify product-specific customs, documentation and biosecurity obligations. Detailed requirements remain pending verification.

View details Import & export

What to verify

Verify product-specific customs, documentation and biosecurity obligations. Detailed requirements remain pending verification.

03

Tax

Verify entity and transaction tax obligations with the relevant authority and qualified advisers.

View details Tax

What to verify

Verify entity and transaction tax obligations with the relevant authority and qualified advisers.

04

Data & privacy

Verify applicable privacy and processing obligations for the data and services involved.

View details Data & privacy

What to verify

Verify applicable privacy and processing obligations for the data and services involved.

05

Product requirements

Verify standards, conformity, labelling and approvals for the actual product.

View details Product requirements

What to verify

Verify standards, conformity, labelling and approvals for the actual product.

06

Sector-specific regulation

Identify the regulator and verify activity-specific permissions.

View details Sector-specific regulation

What to verify

Identify the regulator and verify activity-specific permissions.

India connection

Explore sourced bilateral information relevant to Indian businesses.

No institutional endorsement or partnership is implied.

IndiaAustralia flagAustralia
01

India-to-country trade

Explore recorded exports and products in the trade section above.

View trade data
02

Bilateral agreement

Check applicable agreement terms before assuming preferential tariff treatment.

View details Bilateral agreement

Check applicable agreement terms before assuming preferential tariff treatment.

Use these topics to guide your research.

03

Relevant Indian institutions

The Indian High Commission in Canberra provides trade enquiries and bilateral resources. No endorsement or partnership is implied.

Source: Indian High Commission Canberra

View details Relevant Indian institutions

The Indian High Commission in Canberra provides trade enquiries and bilateral resources. No endorsement or partnership is implied.

Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.

Source: Indian High Commission Canberra

Last verified: 4 October 2026

View source
04

Potential ecosystem connections

Identify potential partners through further research. No relationship is implied.

View details Potential ecosystem connections

Identify potential partners through further research. No relationship is implied.

Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.

05

Relevant bilateral resources

Consult official High Commission resources and verify their scope for the proposed activity.

Source: Indian High Commission Canberra

View details Relevant bilateral resources

Consult official High Commission resources and verify their scope for the proposed activity.

Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.

Source: Indian High Commission Canberra

Last verified: 4 October 2026

View source

What should a business research next?

Identify your product and HS code. Test buyer evidence, verify origin eligibility, imports, biosecurity, approvals and taxes before comparing routes.

  1. 01

    Understand the market

  2. 02

    Identify relevant sectors

  3. 03

    Assess your readiness

  4. 04

    Evaluate entry routes

  5. 05

    Identify partners

  6. 06

    Build an expansion plan

Discover → Prepare → Connect → Expand

Turn research into a plan

Start with your business context before drawing conclusions about a market.

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