April 2020

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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