Australia Trade Surplus Largest in 7 Months

2026-04-02 00:37 By Chusnul Chotimah 1 min. read

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.



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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.
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