05 Sep Australia Balance of Trade
Australia recorded a trade surplus of 7268 AUD Million in July of 2019. Balance of Trade in Australia averaged -423.62 AUD Million from 1971 until 2019, reaching an all time high of 7977 AUD Million in June of 2019 and a record low of -4286 AUD Million in April of 2015. 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.
. This page provides the latest reported value for – Australia Balance of Trade – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.