Exports of goods and services from Australia tumbled 4 percent month-over-month to an over two-year low of AUD 34.49 billion in July 2020, amid weakening global demand as some countries were hit by a resurgence in COVID-19 infections and escalating tensions between Beijing and Canberra. Sales of rural goods plunged 15 percent to AUD 3.02 billion, as China’s trade bans on a range of agricultural products began to show up in the data. Main declines were seen in cereal grains & preparations (-38%); other rural (-14%) and meat & preparations (-10%). Also, exports of non-rural goods fell 6 percent to AUD 22.22 billion, led by metals excluding non-monetary gold (-20%); other mineral fuels (-18%); coal, coke and briquettes (-10%). In addition, sales of goods under merchanting slumped 38 percent to AUD 29 million; and exports of services dropped 12 percent to AUD 5.61 billion due to tourism related services (-20%). By contrast, non-monetary gold soared 53 percent to AUD 3.62 billion.

Exports in Australia averaged 12063.83 AUD Million from 1971 until 2020, reaching an all time high of 43290 AUD Million in July of 2019 and a record low of 435 AUD Million in October of 1971. This page provides the latest reported value for - Australia Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Exports - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Australian Bureau of Statistics

Exports in Australia is expected to be 39500.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Australia to stand at 40000.00 in 12 months time. In the long-term, the Australia Exports is projected to trend around 41000.00 AUD Million in 2021 and 42000.00 AUD Million in 2022, according to our econometric models.

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Australia Exports

Actual Previous Highest Lowest Dates Unit Frequency
34496.00 36100.00 43290.00 435.00 1971 - 2020 AUD Million Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-04 01:30 AM Apr -11% 13.9% -10%
2020-07-02 01:30 AM May -4% -11.4% 6%
2020-08-04 01:30 AM Jun 3% -7% -2%
2020-09-03 01:30 AM Jul -4% 3.6% -2%


News Stream
Australia Exports Drops to Over 2-Year Low in July
Exports of goods and services from Australia tumbled 4 percent month-over-month to an over two-year low of AUD 34.49 billion in July 2020, amid weakening global demand as some countries were hit by a resurgence in COVID-19 infections and escalating tensions between Beijing and Canberra. Sales of rural goods plunged 15 percent to AUD 3.02 billion, as China’s trade bans on a range of agricultural products began to show up in the data. Main declines were seen in cereal grains & preparations (-38%); other rural (-14%) and meat & preparations (-10%). Also, exports of non-rural goods fell 6 percent to AUD 22.22 billion, led by metals excluding non-monetary gold (-20%); other mineral fuels (-18%); coal, coke and briquettes (-10%). In addition, sales of goods under merchanting slumped 38 percent to AUD 29 million; and exports of services dropped 12 percent to AUD 5.61 billion due to tourism related services (-20%). By contrast, non-monetary gold soared 53 percent to AUD 3.62 billion.
2020-09-03
Australia Exports Rebound in June
Exports of goods and services from Australia jumped 3 percent month-over-month to AUD 36.19 billion in June 2020, amid improving global demand as more countries reopened their economies following restrictions due to the coronavirus pandemic. Sales of rural goods gained 4 percent to AUD 3.63 billion, mainly due to cereal grains and cereal preparations (33 percent); while that of non-rural goods went up 1% to AUD 23.76 billion, led by metal ores and minerals (9 percent), and other manufactures (14 percent). Also, net exports of goods under merchanting rose 4 percent to AUD 47 million, and non-monetary gold soared 41 percent to AUD 2.36 billion. In addition, sales of services rose 4 percent to AUD 6.39 billion, due to tourism related services credits (7 percent).
2020-08-04
Australia Exports Drop to 2-Year Low in May
Exports of goods and services from Australia dropped 4 percent month-over-month to a two-year low of AUD 35.74 billion in May 2020. Sales of non-rural goods fell 4 percent to AUD 24.28 billion, in particular metal ores and minerals (-2 percent), other manufacture (-5 percent), machinery (-11 percent), and coal, coke and briquettes (-13 percent). Also, exports of non-monetary gold plunged 12 percent to AUD 1.68 billion. In addition, sales of rural goods fell 10 percent to AUD 3.61 billion, namely meat and meat preparations (-4 percent) and cereal grains and cereal preparations(-31 percent). By contrast, exports of services rose 2 percent to AUD 6.13 billion, due to travel (3 percent). Meanwhile, net exports of goods under merchanting were unchanged (at AUD 45 million).
2020-07-02
Australia Exports Tumble 11% MoM
Exports of goods and services from Australia plunged 11 percent month-over-month to AUD 37.51 billion in April 2020. Sales of non-rural goods fell 8 percent to AUD 25.25 billion, led by metal ores and minerals(-9 percent), other manufacture (-16 percent), other mineral fuels (-4 percent), and coal, coke and briquettes (-4 percent). Also, exports of non-monetary gold plunged 47 percent to AUD 1.88 billion. Additionally, sales of services dropped 13 percent to AUD 6.06 billion, due to travel (-16 percent), transport (-31 percent), and other services (-5 percent). In contrast, exports of rural goods rose 1 percent to AUD 4.18 billion, namely cereal grains and cereal preparations(13 percent). In addition, net exports of goods under merchanting jumped 79 percent to AUD 34 million.
2020-06-04

Australia Exports
Rich in natural resources, Australia is a major exporter of commodities. Metalliferous ores and metal scrap account for 29 percent of total exports; coal, coke and briquettes for 15 percent; and gas for 7 percent. The country also exports: food and live animals (14 percent), mainly meat (5 percent) and cereals (4 percent); manufactured goods (6 percent), mainly non-ferrous metals (4 percent); and machinery and transport equipment (6 percent). Australia's largest export markets are China (32 percent of total exports), Japan (16 percent), South Korea (7 percent), the US (5 percent), India (4 percent), New Zealand, Singapore and Taiwan (3 percent each).
Australia Exports by Country Last Previous
China 11758231.47 14554765.09 AUD THO Jul/20
Japan 2963862.27 3403903.86 AUD THO Jul/20
United States 2403058.88 1281695.88 AUD THO Jul/20
United Kingdom 2214884.35 2026810.28 AUD THO Jul/20
South Korea 1458752.15 1924704.41 AUD THO Jul/20
New Zealand 845091.82 842469.99 AUD THO Jul/20
Taiwan 790729.61 990244.07 AUD THO Jul/20
India 638006.79 604410.45 AUD THO Jul/20
Singapore 587242.38 504672.10 AUD THO Jul/20
Malaysia 548808.81 480035.51 AUD THO Jul/20
Hong Kong 426036.44 260464.42 AUD THO Jul/20
Vietnam 412753.73 585471.45 AUD THO Jul/20
Indonesia 283627.28 384166.53 AUD THO Jul/20
Germany 268529.09 261731.69 AUD THO Jul/20
Thailand 238116.98 362524.85 AUD THO Jul/20
Switzerland 161680.20 289961.95 AUD THO Jul/20
Papua New Guinea 143765.43 126580.84 AUD THO Jul/20
Canada 137126.38 226868.46 AUD THO Jul/20
Netherlands 122021.84 201414.90 AUD THO Jul/20
Philippines 118739.07 148810.85 AUD THO Jul/20
Australia Exports by Category Last Previous
General Merchandise 25243.00 27386.00 AUD Million Jul/20
Non-rural Goods 22218.00 25068.00 AUD Million Jul/20
Metal Ores & Minerals 11094.00 12585.00 AUD Million Jul/20
Metalliferous Ores and Metal Scrap 11012.00 12495.00 AUD Million Jul/20
Iron Ore & Concentrates 9034.00 9974.00 AUD Million Jul/20
Services 5513.00 5735.00 AUD Million Jul/20
Services (bop Basis) 5513.00 5735.00 AUD Million Jul/20
Non-monetary Gold 3615.00 2363.00 AUD Million Jul/20
Coal - Coke and Briquettes 3319.00 4060.00 AUD Million Jul/20
Coal, Coke & Briquettes 3079.00 3620.00 AUD Million Jul/20
Rural Goods 3050.00 3741.00 AUD Million Jul/20
Tourism Related Service 2802.00 2982.00 AUD Million Jul/20
Services, Travel 2796.00 2976.00 AUD Million Jul/20
Gas - Natural and Manufactured 2611.00 3098.00 AUD Million Jul/20
Food & Live Animals 2586.00 3133.00 AUD Million Jul/20
Natural Gas, Whether Or Not Liquefied 2513.00 2984.00 AUD Million Jul/20
Machinery and Transport Equipment 1189.00 1216.00 AUD Million Jul/20
Meat & Meat Preparations 1111.00 1253.00 AUD Million Jul/20
Manufactured Goods 1066.00 1253.00 AUD Million Jul/20
Chemicals and Related Products 915.00 1127.00 AUD Million Jul/20

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category