Exports of goods and services from Australia slid marginally to AUD 49.45 billion in March 2022 but still remained close to a record high hit in February. Sales of non-rural goods grew by 2 percent to AUD 37.47 billion, boosted by demand for metal ores and minerals (1%), coal, coke and briquettes (1%), machinery (4%), metal-excluding non-monetary gold (11%), other manufactures 1%), and other non-rural (12%). Also, net exports of goods under merchanting increased 3 percent to AUD 32 million. In the meantime, sales of services almost were unchanged at AUD 4.78 billion, due to lower sales of travel (-3 percent), while those of other services rose by 1%. By contrast, shipments of rural goods fell 3 percent to AUD 5.34 billion, dragged down by cereal grains and cereal preparations (-13%), other rural (-3%), and wool and sheepskins (-9%). Meanwhile, shipments of non-monetary gold plunged 21 percent to AUD 1.84 billion. source: Australian Bureau of Statistics
Exports in Australia averaged 12937.48 AUD Million from 1971 until 2022, reaching an all time high of 49251 AUD Million in January of 2022 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 May of 2022.
Exports in Australia is expected to be 50000.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Exports is projected to trend around 42000.00 AUD Million in 2023, according to our econometric models.