Australia Exports Rebound in April

Australia’s goods exports grew 7.2% month-on-month to a three-year high of AUD 47.19 billion in April 2026, recovering from a downwardly revised 2.5% fall in the previous month, mainly driven by metal ores and minerals.

Australia’s goods exports dropped 2.7% month-on-month to AUD 43.93 billion in March 2026, reversing a downwardly revised 4.2% rise in the previous month, mainly driven by other rural products. Rural exports plunged 11.6% to AUD 6.32 billion, weighed down by declines in meat and meat preparations (-2.9%), other rural goods (-23.1%), cereal grains and cereal preparations (-6.0%), and wool and sheepskins (-8.9%). Also, non-monetary gold exports dropped 6.1% to AUD 7.42 billion due to lower global gold prices, which fell over 10% in March, the steepest decline since June 2013. Meanwhile, non-rural shipments edged up 0.3% to AUD 30.14 billion, boosted by higher sales of other mineral fuels (4.6%), metals (3.0%), machinery (12.6%), and goods procured in ports by carriers (35.3%). By contrast, sales fell for metal ores and minerals (-1.4%), coal, coke, and briquettes (-1.8%), transport equipment (-6.2%), and other manufactures (-2.0%).

Australia’s goods exports grew 4.9% month-on-month to a four-month high of AUD 45.65 billion in February 2026, recovering from an upwardly revised 1.6% fall in the previous month. Rural exports rose 13.9% to AUD 7.35 billion, supported by sharp increases in meat and meat preparations (26.8%), other rural goods (15.5%), and wool and sheepskins (13.1%). Also, non-monetary gold exports surged 29.9% to AUD 7.90 billion, supported by stronger global demand for safe-haven assets and favorable price movements. By contrast, non-rural shipments fell 1.9% to AUD 30.35 billion, dragged down by lower sales of metal ores and minerals (-4.8%), other mineral fuels (-4.6%), metals (-9.2%), and transport equipment (-5.0%).