News

Australia Trade Surplus Largest in 7 Months
Australia’s goods trade surplus increased to AUD 5.69 billion in February 2026 from a downwardly revised AUD 2.58 billion in the previous month, above market expectations of an AUD 2.6 billion surplus. It marked the largest trade surplus since July 2025 as exports grew while imports fell. Exports rose 4.9% from a month earlier to a four-month high of AUD 45.65 billion, while imports dropped 3.2% to AUD 39.96 billion.
Published on 2026-04-02

Australia Trade Surplus Largest in 7 Months
Australia’s goods trade surplus widened to AUD 5.69 billion in February 2026 from a downwardly revised AUD 2.58 billion in the previous month, above market expectations of an AUD 2.6 billion surplus. It marked the largest trade surplus since July 2025, as exports grew while imports fell. Exports rose 4.9% month-on-month to a four-month high of AUD 45.65 billion, recovering from an upwardly revised 1.6% fall in the previous month. Shipment growth was mainly supported by rural exports, which rose 13.9% to AUD 7.35 billion, with sharp increases in meat and meat preparations (26.8%). Among trading partners, exports rose to India (7.8%), South Korea (7.1%), and the US (9.4%), despite the imposition of new tariffs. Meanwhile, imports dropped 3.2% to a seven-month low of AUD 39.96 billion, reversing an upwardly revised 1.0% gain in January, amid weaker domestic demand and uncertainty in global trade flows due to geopolitical tensions.
Published on 2026-04-02

Australia Trade Surplus Largest in 7 Months
Australia’s goods trade surplus increased to AUD 5.69 billion in February 2026 from a downwardly revised AUD 2.58 billion in the previous month, above market expectations of an AUD 2.6 billion surplus. It marked the largest trade surplus since July 2025 as exports grew while imports fell. Exports rose 4.9% from a month earlier to AUD 45.65 billion, while imports dropped 3.2% to AUD 39.96 billion.
Published on 2026-04-02

Australia Trade Surplus Largest in 7 Months
Australia’s goods trade surplus increased to AUD 5.69 billion in February 2026 from a downwardly revised AUD 2.58 billion in the previous month, above market expectations of an AUD 2.6 billion surplus. It marked the largest trade surplus since July 2025, as exports grew while imports fell. Exports rose 4.9% month-on-month to a four-month high of AUD 45.65 billion, recovering from an upwardly revised 1.6% fall in the previous month. Shipment growth was mainly supported by rural exports, which rose 13.9% to AUD 7.35 billion, with sharp increases in meat and meat preparations (26.8%). Among trading partners, exports rose to India (7.8%), South Korea (7.1%), and the US (9.4%), despite the imposition of new tariffs. Meanwhile, imports dropped 3.2% to a seven-month low of AUD 39.96 billion, reversing an upwardly revised 1.0% gain in January, amid weaker domestic demand and uncertainty in global trade flows due to geopolitical tensions.
Published on 2026-04-02

Australia Trade Surplus Largest in 7 Months
Australia’s goods trade surplus increased to AUD 5.69 billion in February 2026 from a downwardly revised AUD 2.58 billion in the previous month, above market expectations of an AUD 2.6 billion surplus. It marked the largest trade surplus since July 2025 as exports grew while imports fell. Exports rose 4.9% from a month earlier to AUD 45.65 billion, while imports dropped 3.2% to AUD 39.96 billion.
Published on 2026-04-02

Australia Trade Surplus Largest in 7 Months
Australia’s goods trade surplus increased to AUD 5.69 billion in February 2026 from a downwardly revised AUD 2.58 billion in the previous month, above market expectations of an AUD 2.6 billion surplus. It marked the largest trade surplus since July 2025 as exports grew while imports fell. Exports rose 4.9% from a month earlier to a four-month high of AUD 45.65 billion, recovering from an upwardly revised 1.6% fall in the previous month. Shipment growth was mainly supported by rural exports, which rose 13.9% to AUD 7.35 billion, with sharp rises in meat and meat preparations (26.8%). Among trading partners, exports rose to India (7.8%), South Korea (7.1%), and the US (9.4%), despite the imposition of new tariffs. Meanwhile, imports dropped 3.2% to a seven-month low of AUD 39.96 billion, reversing an upwardly revised 1.0% gain in January, amid weaker domestic demand and uncertainty in global trade flows due to geopolitical tensions.
Published on 2026-04-02

Australia Trade Surplus Largest in 7 Months
Australia’s goods trade surplus widened to AUD 5.69 billion in February 2026 from a downwardly revised AUD 2.26 billion in the previous month, above market expectations of an AUD 2.6 billion surplus. It marked the largest trade surplus since July 2025, as exports grew while imports fell. Exports rose 4.9% month-on-month to a four-month high of AUD 45.65 billion, recovering from an upwardly revised 1.6% fall in the previous month. Shipment growth was mainly supported by rural exports, which rose 13.9% to AUD 7.35 billion, with sharp increases in meat and meat preparations (26.8%). Meanwhile, imports dropped 3.2% to a seven-month low of AUD 39.96 billion, reversing an upwardly revised 1.0% gain in January, amid weaker domestic demand and uncertainty in global trade flows due to geopolitical tensions.
Published on 2026-04-02

Australia Trade Surplus Largest in 7 Months
Australia’s goods trade surplus increased to AUD 5.69 billion in February 2026 from a downwardly revised AUD 2.58 billion in the previous month, above market expectations of an AUD 2.6 billion surplus. It marked the largest trade surplus since July 2025 as exports grew while imports fell. Exports rose 4.9% from a month earlier to a four-month high of AUD 45.65 billion, recovering from an upwardly revised 1.6% fall in the previous month. Shipment growth was mainly supported by rural exports, which rose 13.9% to AUD 7.35 billion, with sharp rises in meat and meat preparations (26.8%). Meanwhile, imports dropped 3.2% to a seven-month low of AUD 39.96 billion, reversing an upwardly revised 1.0% gain in January, amid weaker domestic demand and uncertainty in global trade flows due to geopolitical tensions.
Published on 2026-04-02

Australia Trade Surplus Largest in 7 Months
Australia’s goods trade surplus widened to AUD 5.69 billion in February 2026 from a downwardly revised AUD 2.26 billion in the previous month, above market expectations of an AUD 2.6 billion surplus. It marked the largest trade surplus since July 2025, as exports grew while imports fell. Exports rose 4.9% month-on-month to a four-month high of AUD 45.65 billion, recovering from an upwardly revised 1.6% fall in the previous month. Shipment growth was mainly supported by rural exports, which rose 13.9% to AUD 7.35 billion, with sharp increases in meat and meat preparations (26.8%). Among trading partners, exports rose to India (7.8%), South Korea (7.1%), and the US (9.4%), despite the imposition of new tariffs. Meanwhile, imports dropped 3.2% to a seven-month low of AUD 39.96 billion, reversing an upwardly revised 1.0% gain in January, amid weaker domestic demand and uncertainty in global trade flows due to geopolitical tensions.
Published on 2026-04-02

Australia Trade Surplus Below Estimates
Australia’s goods trade surplus fell to AUD 2.63 billion in January 2026 from AUD 3.37 billion in the previous month, missing market expectations of a AUD 3.9 billion surplus. The weaker outcome was driven by softer exports and a rebound in imports. Sales slipped 0.9% month-on-month to a five-month low of AUD 44.06 billion, reversing a marginally revised 0.9% rise in December. The decline was largely weighed down by lower shipments of other rural goods, likely reflecting seasonal factors and weker global demand. Meanwhile, imports rose 0.8% to AUD 41.43 billion, recovering from a revised 1.8% drop in the prior month. The increase suggests firmer domestic demand and restocking activity at the start of the year, contributing to the narrower trade surplus.
Published on 2026-03-05

Australia Trade Surplus Below Estimates
Australia’s goods trade surplus fell to AUD 2.63 billion in January 2026 from AUD 3.37 billion in the previous month, missing market expectations of a AUD 3.9 billion surplus. The weaker outcome was driven by softer exports and a rebound in imports. Sales slipped 0.9% month-on-month to a five-month low of AUD 44.06 billion, reversing a marginally revised 0.9% rise in December. The decline was largely weighed down by lower shipments of other rural goods, likely reflecting seasonal factors and weker global demand. Meanwhile, imports rose 0.8% to AUD 41.43 billion, recovering from a revised 1.8% drop in the prior month. The increase suggests firmer domestic demand and restocking activity at the start of the year, contributing to the narrower trade surplus.
Published on 2026-03-05

Australia Weighs Response as U.S. Tariffs Rise to 15%
Australia will “examine all options” after U.S. President Donald Trump announced a temporary 15% tariff on imports from all countries. The move came less than 24 hours after the Supreme Court overturned his original 10% tariff program. Trump quickly reinstated the 10% duties under a different law before raising them again to 15%. Trade Minister Don Farrell said Sunday he was working closely with Australia’s embassy in Washington to “assess the implications and examine all options.” He added, “Australia believes in free and fair trade. We have consistently advocated against these unjustified tariffs.” Farrell is set to travel to Los Angeles this week, where he is expected to meet senior U.S. officials. The new levies are scheduled to take effect at 5:00?PM GMT on Tuesday, 24 February.
Published on 2026-02-23

Australia Weighs Response as U.S. Tariffs Rise to 15%
Australia will “examine all options” after U.S. President Donald Trump announced a temporary 15% tariff on imports from all countries. The move came less than 24 hours after the Supreme Court overturned his original 10% tariff program. Trump quickly reinstated the 10% duties under a different law before raising them again to 15%. Trade Minister Don Farrell said Sunday he was working closely with Australia’s embassy in Washington to “assess the implications and examine all options.” He added, “Australia believes in free and fair trade. We have consistently advocated against these unjustified tariffs.” Farrell is set to travel to Los Angeles this week, where he is expected to meet senior U.S. officials. The new levies are scheduled to take effect at 5:00 PM GMT on Tuesday, 24 February.
Published on 2026-02-23

Australia Trade Surplus Slightly Above Estimates
Australia’s goods trade surplus widened to AUD 3.37 billion in December 2025, up from a downwardly revised AUD 2.60 billion in November and slightly above market expectations of AUD 3.3 billion, as exports grew while imports fell. Exports rose 1.0% month-on-month to AUD 44.63 billion in December, rebounding from an upwardly revised 4.0% drop in November, largely driven by metal ores and minerals. On the imports side, inbound shipments fell 0.8% to a three-month low of AUD 41.26 billion, steeper than a downwardly revised 0.2% decline previously, weighed down by other merchandise goods.
Published on 2026-02-05

Australia Trade Surplus Slightly Above Estimates
Australia’s goods trade surplus widened to AUD 3.37 billion in December 2025, up from a downwardly revised AUD 2.60 billion in November and slightly above market expectations of AUD 3.3 billion, as exports grew while imports fell. Exports rose 1.0% month-on-month to AUD 44.63 billion in December, rebounding from an upwardly revised 4.0% drop in November, largely driven by metal ores and minerals. Shipments to China, Australia’s top trading partner, surged by 14.9%, rebounding sharply from a 1.5% drop in November. Exports also increased to the UK (13.9%), Japan (6.8%), South Korea (1.3%), India (0.5%), and the US (8.8%), despite the imposition of new tariffs. In contrast, imports fell 0.8% to a three-month low of AUD 41.26 billion, steeper than the previously downwardly revised 0.2% decline, amid weaker domestic demand, mainly weighed down by other merchandise goods.
Published on 2026-02-05

Australia Trade Surplus Slightly Above Estimates
Australia’s goods trade surplus widened to AUD 3.37 billion in December 2025, up from a downwardly revised AUD 2.60 billion in November and slightly above market expectations of AUD 3.3 billion, as exports grew while imports fell. Exports rose 1.0% month-on-month to AUD 44.63 billion in December, rebounding from an upwardly revised 4.0% drop in November, largely driven by metal ores and minerals. On the imports side, inbound shipments fell 0.8% to a three-month low of AUD 41.26 billion, following an upwardly revised 2.4% rise in October, weighed down by other merchandise goods.
Published on 2026-02-05

Australia Trade Surplus Slightly Above Estimates
Australia’s goods trade surplus widened to AUD 3.37 billion in December 2025, up from a downwardly revised AUD 2.60 billion in November and slightly above market expectations of AUD 3.3 billion, as exports grew while imports fell. Exports rose 1.0% month-on-month to AUD 44.63 billion in December, rebounding from an upwardly revised 4.0% drop in November, largely driven by metal ores and minerals. Shipments to China, Australia’s top trading partner, surged by 14.9%, rebounding sharply from a 1.5% drop in November. Exports also increased to the UK (13.9%), Japan (6.8%), South Korea (1.3%), India (0.5%), and the US (8.8%), despite the imposition of new tariffs. In contrast, imports fell 0.8% to a three-month low of AUD 41.26 billion, steeper than the downwardly revised 0.2% decline previously, weighed down by other merchandise goods.
Published on 2026-02-05

Australia Trade Surplus Slightly Above Estimates
Australia’s goods trade surplus widened to AUD 3.37 billion in December 2025, up from a downwardly revised AUD 2.60 billion in November and slightly above market expectations of AUD 3.3 billion, as exports grew while imports fell. Exports rose 1.0% month-on-month to AUD 44.63 billion in December, rebounding from an upwardly revised 4.0% drop in November, largely driven by metal ores and minerals. Shipments to China, Australia’s top trading partner, surged by 14.9%, rebounding sharply from a 1.5% drop in November. Exports also increased to the UK (13.9%), Japan (6.8%), South Korea (1.3%), India (0.5%), and the US (8.8%), despite the imposition of new tariffs. In contrast, imports fell 0.8% to a three-month low of AUD 41.26 billion, steeper than the previously downwardly revised 0.2% decline, amid weaker domestic demand, mainly weighed down by other merchandise goods.
Published on 2026-02-05

Australia Trade Surplus Slightly Above Estimates
Australia’s goods trade surplus widened to AUD 3.37 billion in December 2025, up from a downwardly revised AUD 2.60 billion in November and slightly above market expectations of AUD 3.3 billion, as exports grew while imports fell. Exports rose 1.0% month-on-month to AUD 44.63 billion in December, rebounding from an upwardly revised 4.0% drop in November, largely driven by metal ores and minerals. In contrast, imports fell 0.8% to a three-month low of AUD 41.26 billion, steeper than the downwardly revised 0.2% decline previously, weighed down by other merchandise goods.
Published on 2026-02-05

Australia Trade Surplus Slightly Above Estimates
Australia’s goods trade surplus widened to AUD 3.37 billion in December 2025, up from a downwardly revised AUD 2.60 billion in November and slightly above market expectations of AUD 3.3 billion, as exports grew while imports fell. Exports rose 1.0% month-on-month to AUD 44.63 billion in December, rebounding from an upwardly revised 4.0% drop in November, largely driven by metal ores and minerals. In contrast, imports fell 0.8% to a three-month low of AUD 41.26 billion, steeper than the downwardly revised 0.2% decline previously, weighed down by other merchandise goods.
Published on 2026-02-05