Trade Balance

Australia’s seasonally adjusted goods trade surplus was little changed in August, at A$5,644m from the downwardly revised A$5,636m in July (originally A$6,009m). The market expectation was for a A$5,500m surplus.

Australia’s seasonally adjusted goods trade surplus increased to a three-month high of A$6,009m, from the downwardly revised A$5,425m (originally A$5,589m). The market expectation was for a A$5,000m surplus.

Australia’s seasonally adjusted goods trade surplus rose to A$5,589m in June from the downwardly revised A$5,052m in the previous month (originally A$5,773m). The market expectation was for a decline to A$5,000m. The increase in surplus was driven by a A$736m (1.7%) rise in exports, partly offset by a A$198m (0.5%) uptick in imports.

Australia’s seasonally adjusted goods trade surplus declined A$254m to A$5,773m in May, from the downwardly revised level for April (A$6,027m against the original estimate of A$6,548m). The market consensus was for a A$6,328m surplus.

Australia’s seasonally adjusted goods trade surplus rose to A$6,548m in April, from the downwardly adjusted A$4,841m in the previous month (originally A$5,024m).

Australia’s seasonally adjusted goods trade surplus drop by A$1,567m to A$5,024m in March, from the downwardly revised level of A$6,591m (originally (A$7,280m). Market expectations were for virtually no change in the trade surplus (A$7,300m).