Australia Balance of Trade - Forecast

Balance of Trade in Australia is expected to be 300.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Australia to stand at 487.00 in 12 months time. In the long-term, the Australia Balance of Trade is projected to trend around -500.00 AUD Million in 2020, according to our econometric models.


Australia Balance of Trade
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Australia Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 825 300 600 2000 487 -500
Exports 34229 30800 31200 33000 33572 34500
Imports 33405 30500 30600 31000 33085 35000
Current Account -14024 -12962 -12511 -19000 -12036 -22900
Current Account to GDP -2.7 -2.2 -2.2 -2.2 -2.1 -2.3
External Debt 1941517 1917039 1912017 1913834 1913177 1913351
Terms of Trade 86.7 87.15 85.4 88.88 86.3 90.89
Foreign Direct Investment 64825 51573 49598 47623 49434 53063
Capital Flows 13577 11634 11659 11648 11453 10425
Tourist Arrivals 914500 772400 680500 1022100 785600 1080400
Gold Reserves 72.8 72.8 72.79 72.79 72.79 72.79
Crude Oil Production 243 273 284 294 303 376
Terrorism Index 3.09 2.07 1.79 1.51 1.46 1.23
Weapons Sales 97 97 97 97 97 97