Australia unexpectedly posted a goods trade deficit of AUD 1.84 billion in March 2026, shifting from a downwardly revised AUD 5.03 billion surplus in the previous month and missing market expectations of an AUD 4.25 billion surplus. It marked the first trade gap since December 2017, as exports fell while imports surged. Exports dropped 2.7% mom to AUD 43.93 billion, reversing a downwardly revised 4.2% rise in February, mainly driven by other rural products. Also, non-monetary gold exports fell 6.1% to AUD 7.42 billion due to lower global gold prices, which fell over 10% in March, the steepest decline since June 2013. Meanwhile, imports jumped 14.1% to a record high of AUD 45.77 billion, reversing a downwardly revised 2.7% drop in February amid robust domestic demand. The growth was mainly boosted by purchases of capital goods, which surged 36.8% to AUD 12.68 billion, with ADP imports soaring 204.4%, reflecting strong investment in data centres, while purchases of fuel surged. source: Australian Bureau of Statistics
Australia recorded a trade surplus of 5686 AUD Million in February of 2026. Balance of Trade in Australia averaged 800.05 AUD Million from 1971 until 2026, reaching an all time high of 19161.00 AUD Million in June of 2022 and a record low of -3297.00 AUD Million in February of 2008. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.
Australia recorded a trade surplus of 5686 AUD Million in February of 2026. Balance of Trade in Australia is expected to be 4900.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Balance of Trade is projected to trend around 7400.00 AUD Million in 2027, according to our econometric models.