Australia Balance Of TradeAustralia Balance Of TradeAustralia Balance Of Trade

Australia Balance Of Trade

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Key data points


Last release
Observation period
Aug 2024
Next release
Forecast
‪5.25 B‬AUD
Highest
‪19.81 B‬AUD on Jun 30, 2022
Lowest
‪−3.47 B‬AUD on Feb 29, 2008

About Australia Balance Of Trade


Category
Trade
Frequency
Monthly
Units
AUD
Australia has been recording consistent trade surpluses since 2017 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 while the biggest trade deficits are with the United States, Singapore, South Korea, Malaysia, and Thailand.