Australia Exports Hit 3-Month Low
2025-07-03 01:42
By
Chusnul Chotimah
1 min. read
Australia’s goods exports fell by 2.7% month-over-month to a three-month low of AUD 42.40 billion in May 2025, following a downwardly revised 1.7% decline in April.
The drop was partly driven by weaker shipments to the United States, dampened by tariffs imposed under the Trump administration.
Exports of non-rural goods fell by 2.4% to AUD 31.88 billion, due to lower sales of coal, coke & briquettes (-2.0%), other mineral fuels (-11.5%), other manufactured goods (-3.5%), other non-rural goods (-4.4%), and goods procured in ports by carriers (-11.6%).
Shipments of rural goods also declined, falling 3.5% to AUD 6.28 billion, weighed down by sharp drops in meat & meat preparations (-15.7%) and wool & sheepskin (-16.5%).
Additionally, exports of non-monetary gold fell by 3.4% to AUD 4.22 billion.
Exports declined to the US (-5.5%), Japan (-3.8%), Hong Kong (-2.2%), Indonesia (-14.1%), and Singapore (-5.6%).
In contrast, shipments to Australia’s top trading partner, China, rose by 1.9%.