August 2021

August 2021

October 5, 2021

The seasonally adjusted external trade surplus widened to a record high of A$15.1b in August, eclipsing the previous high of A$12.7b set in July.

The wider surplus was driven by a 4.1% rise in exports to a new record on the back of higher LNG and coal exports.

The value of iron ore exports remain high by historical standards, despite the decline due to lower prices.

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