Australia Balance of Trade

Last Release

Feb 28, 2025

Actual

2,968

Units In

AUD Million

5,620

Frequency

Monthly

Next Release

May 01, 2025

Time to Release

26 Days 1 Hours

Highest	Lowest	Average	Date Range	Source
17,670 Jun 2022	-4,033 Dec 2015	519.88 AUD Million	1971-2025	Australian Bureau of Statistics

In 2017 and 2018 Australia recorded trade surpluses mostly due to rise in a resource exports like natural gas, metal ores and minerals, coal, coke and briquettes and rural goods such as meat and cereals. The biggest trade surpluses are recorded with China, Hong Kong and Japan and New Zealand and the biggest trade deficits with the United States, Singapore, South Korea, Malaysia and Thailand. .

Latest Updates

Australia's trade surplus on goods declined to AUD 2.97 billion in February 2025, down from a downwardly revised AUD 5.16 billion in the previous month, much smaller than market expectations of a gain of AUD 5.6 billion. It was the smallest trade surplus since August 2020 as exports fell while imports grew. Shipments dropped 3.6% from the previous month to a four-month low of AUD 42.31 billion, after a downwardly revised 0.8% rise in January, largely weighed down by non-monetary gold. Meanwhile, purchases rose by 1.6% to a record high of AUD 39.35 billion, following a marginally revised 0.4% drop in the previous month, mainly boosted by capital goods.