Australia's Trade Deficit Widens in October



Australia's seasonally adjusted balance on goods and services was a deficit of AUD529m in October 2013, an increase of AUD258m (95%) on the deficit in September 2013. Exports fell AUD26m to AUD27.27B and imports rose AUD231m (1%) to AUD27.8B.


Shipments of rural goods fell $80m (3%) and non-rural goods fell $51m. Non-monetary gold rose $146m (12%) and net exports of goods under merchanting rose $15m (50%). Services credits fell $57m (1%).

Imports of Intermediate and other merchandise goods rose $83m (1%), consumption goods rose $78m (1%), capital goods rose $23m and non-monetary gold rose $1m. Services debits rose $48m (1%).

Australia


ABS | anna@tradingeconomics.com
12/5/2013 12:44:29 AM