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Australia Balance of Trade
Last Release
Jan 31, 2025
Actual
5,620
Units In
AUD Million
Previous
5,085
Frequency
Monthly
Next Release
Apr 03, 2025
Time to Release
25 Days 17 Hours
Highest | Lowest | Average | Date Range | Source |
17,670 Jun 2022 | -4,033 Dec 2015 | 516.07 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.
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Latest Updates
Australia's trade surplus on goods increased to AUD 5.62 billion in January 2025, up from a downwardly revised AUD 4.92 billion in December 2024, slightly higher than market expectations of a gain of AUD 5.50 billion as exports grew while imports edged down. Shipments rose 1.3% from the previous month to an eleven-month high of AUD 44.53 billion, after an upwardly revised 1.2% growth in December, largely driven by non-monetary gold. Meanwhile, purchases fell by 0.3% to AUD 38.91 billion, swinging from a 5.9% rise in the previous month mainly weighed down by capital goods.
Australia Balance of Trade History
Last 12 readings