Imports of goods to Australia increased by 0.5% month-over-month to a three-month high of AUD 38.18 billion in June 2024, mainly driven by capital goods n.e.s. Purchases of capital goods grew 3.0% to AUD 9.2 billion, supported by ADP equipment (3.8%), telecommunication equipment (0.7%), industrial transport equipment n.e.s. (1.6%), and capital goods n.e.s. (13.8%). Also, imports of intermediate and other merchandise edged up 0.1% to AUD 16.23 billion, lifted by fuels processed industrial supplies n.e.s (3.1%), parts for transport equipment (1.5%), and other parts for capital goods (0.7%). Additionally, imports of non-monetary gold increased 11.3% to AUD 799 million. By contrast, imports of consumption goods fell 1.3% to AUD 11.93 billion, dragged by non-industrial transport equipment (-4.9%), food and beverages, mainly for consumption (-1.9%), and household electrical items (-8.2%). source: Australian Bureau of Statistic
Imports in Australia increased to 38206 AUD Million in May from 36764 AUD Million in April of 2024. Imports in Australia averaged 11294.75 AUD Million from 1971 until 2024, reaching an all time high of 39308.00 AUD Million in March of 2024 and a record low of 267.00 AUD Million in May of 1972. This page provides the latest reported value for - Australia Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Imports - data, historical chart, forecasts and calendar of releases - was last updated on August of 2024.
Imports in Australia increased to 38206 AUD Million in May from 36764 AUD Million in April of 2024. Imports in Australia is expected to be 39000.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Imports is projected to trend around 44400.00 AUD Million in 2025 and 48100.00 AUD Million in 2026, according to our econometric models.