Trade Balance

  • June 2020

    August 4, 2020

    The Australian trade surplus widened to a seasonally adjusted A$8.2B in June from a downwardly revised A$7.3B in May (originally $8.0B).

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  • May 2020

    July 2, 2020

    The surplus on goods and services was A$8.0B in May, little changed from April. Both exports and imports declined amid a fall in global and domestic demand.

    Western Australia maintained its position as the dominant exporter among the states.

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  • April 2020

    June 4, 2020

    The Australian trade surplus narrowed to a seasonally adjusted $8.8B in April 2020, from a record high of A$10.4B in March, exceeding the market expectations for a A$7.5B surplus.

    The decline was driven by a broad-based 11% fall in export values exceeding a 10% drop in imports, mainly of services.

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  • March 2020

    May 7, 2020

    The Australian trade balance surged to an all-time high of A$10.6B in March 2020, driven by a 32% bounce in exports of metal ores and minerals (mainly iron ore).

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  • August 2019

    October 3, 2019

    Australia’s seasonally adjusted trade surplus narrowed to $5,926M in August from $7,253M in July (revised from $7,268M).

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  • February 2020

    April 7, 2020

    External trade in services affected by COVID-19 in February.

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