Australia Balance of Trade  1900-2017 | Data | Chart | Calendar | Forecast

Australia's trade surplus doubled to AUD 1.75 billion in September of 2017 from a downwardly revised AUD 0.87 billion in the prior month and beating market expectations of AUD 1.2 billion. It was the largest trade surplus since May, as exports increased by 3 percent to AUD 32.96 billion while imports was flat at AUD 31.21 billion. Considering January to September 2017, trade surplus came in at AUD 13.40 billion, compared to a AUD 20.14 billion deficit in the same period the preceding year. Balance of Trade in Australia averaged -626.82 AUD Million from 1900 until 2017, reaching an all time high of 4376 AUD Million in December of 2016 and a record low of -43600 AUD Million in January of 1900.

Australia Balance of Trade
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Australia Trade Surplus Largest in 4 Months


Australia's trade surplus doubled to AUD 1.75 billion in September of 2017 from a downwardly revised AUD 0.87 billion in the prior month and beating market expectations of AUD 1.2 billion. It was the largest trade surplus since May, as exports increased by 3 percent to AUD 32.96 billion while imports was flat at AUD 31.21 billion.

Compared to the preceding month, exports of goods and services increased by 3 percent to AUD 32.96 billion in September.

Sales of non-rural goods (bulk commodities and non-bulk commodities) rose 3 percent to AUD 19.81 billion, mainly due to metal ores and minerals (8 percent) and other non-rural, including sugar and beverages (9 percent). Partly offsetting this rise was other minerals fuels (-1 percent) and machinery (-3 percent). 

Sales of non-monetary gold (gold which is not owned by monetary authorities and can be in the form of bullion, including coins, ingots or bar with a purity at least 995 parts per thousand) jumped by 17 percent to AUD 1.5 billion. 

Exports of rural goods rose AUD 5 million to AUD 4.14 billion, mainly due to other rural (2 percent).

Net exports of goods under merchanting increased by 2 percent to AUD 48 million.

Exports of services rose 1 percent  to AUD 7.47 billion, mainly due to travel (2 percent).

Imports of goods and services was flat at AUD 31.21 billion.

Purchases of consumption goods increased by 2.0 percent to AUD 8.15 billion. The main components contributing to the rise was non-industrial transport equipment (10 percent). 

Purchases of capital goods went up by 1 percent to AUD 6.22 billion, mainly driven by industrial transport equipment n.e.s (6 percent); civil aircraft and  confidentialised items (12 percent); machinery and industrial equipment (2 percent) Partly offsetting these falls was ADP equipment (-7 percent).

Imports of intermediate and other merchandise goods fell AUD 35 million to AUD 9.2 billion. Meanwhile, imports of non-monetary gold fell by 14 percent to AUD 385 million.

Imports of services declined by 1 percent to  AUD 7.26 billion. The main component contributing to the rise were maintenance and repair services n.i.e.(-50 percent); travel (1 percent) and transport (2 percent). 

Considering January to September 2017, trade surplus came in at AUD 13.40 billion, compared to a AUD 20.14 billion deficit in the same period the preceding year.


ABS l Rida Husna | rida@tradingeconomics.com
11/2/2017 2:03:51 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-09-07 01:30 AM Balance of Trade A$0.46B A$0.89B A$0.875B A$0.9B
2017-10-05 12:30 AM Balance of Trade A$0.99B A$808M A$875M A$0.9B
2017-11-02 12:30 AM Balance of Trade A$1.745B A$0.873B A$1200M A$0.9B
2017-12-07 12:30 AM Balance of Trade A$1745M


Australia Trade Last Previous Highest Lowest Unit
Balance of Trade 1745.00 873.00 4338.00 -43600.00 AUD Million [+]
Exports 32961.00 32037.00 34429.00 435.00 AUD Million [+]
Imports 31216.00 31164.00 31564.00 393.00 AUD Million [+]
Current Account -9562.00 -4754.00 295.00 -23051.00 AUD Million [+]
Current Account to GDP -2.70 -4.70 1.40 -6.70 percent [+]
External Debt 1900341.00 1886770.00 1941405.00 147312.00 AUD Million [+]
Terms of Trade 103.60 109.70 136.60 49.30 Index Points [+]
Foreign Direct Investment 64825.00 29636.00 64825.00 -37050.00 AUD Million [+]
Capital Flows 3798.00 3693.00 25769.00 -375.00 AUD Million [+]
Tourist Arrivals 663500.00 702800.00 971800.00 30100.00 [+]
Gold Reserves 79.85 79.85 79.85 79.69 Tonnes [+]
Crude Oil Production 277.00 271.00 781.00 247.00 BBL/D/1K [+]
Terrorism Index 3.09 2.74 3.11 0.01 [+]
Weapons Sales 127.00 83.00 158.00 2.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Australia Balance of Trade

In 2010 and 2011, Australia reported consistent trade surpluses due to high prices of commodities. However, from 2012 trade balance shifted back to deficit (with exception of first three months of 2014) mostly due to a sharp drop in value of commodity exports and increase in value of imports due to AUD depreciation. In 2015, the biggest trade surpluses were recorded with China, Hong Kong and Japan and New Zealand. The biggest trade deficits were recorded 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. Australia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1745.00 873.00 4338.00 -43600.00 1900 - 2017 AUD Million Monthly
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balance of trade by Country
Country Last
Australia 1745.00 Sep/17
Brazil 5201.00 Oct/17
Canada -3179.70 Sep/17
China 381.74 Oct/17
Euro Area 26364.90 Sep/17
France -4669.00 Sep/17
Germany 24100.00 Sep/17
India -14018.80 Oct/17
Indonesia 895.00 Oct/17
Italy 3989.78 Sep/17
Japan 285.36 Oct/17
Mexico -1886.40 Sep/17
Netherlands 6258.00 Sep/17
Russia 10222.00 Sep/17
South Korea 7300.00 Oct/17
Spain -2147708.00 Oct/17
Switzerland 2333.39 Oct/17
Turkey -8134.57 Sep/17
United Kingdom -2754.00 Sep/17
United States -43495.00 Sep/17