Latest News Stream - Exports

Australia’s exports rose 2.3% month-on-month to a more than three-year high of AUD 48.43 billion in September 2026, following a downwardly revised 3.1% increase in the previous month. Exports of general merchandise climbed 2.9% from a month earlier to AUD 42.05 billion, primarily driven by a 3.6% increase in rural goods exports to AUD 6.4 billion, as shipments of meat and meat preparations (11.3%) and other rural goods (3%) advanced. Non-rural goods exports also grew 2.8% to AUD 35.6 billion, led by higher shipments of metal ores and minerals (2.3%), other mineral fuels (6.6%), metals excluding non-monetary gold (23.5%), and other manufactures (4.6%). In contrast, exports of non-monetary gold declined 1.6% to AUD 6.3 billion.

Canada’s goods exports edged up 0.2% to C$78.55 billion in September 2026, following a revised 3.2% increase in August. Although reaching a record high, the reading fell short of market expectations of C$81 billion. Growth was supported by energy exports (8.2%) which rose for a second consecutive month, led by crude oil and bitumen (10.2%) and natural gas (32.1%), while refined petroleum exports fell 13.9%. Metal and non-metallic mineral exports also increased 8.6%, driven by a 16.8% rise in unwrought gold, silver and platinum group metals and their alloys, reflecting stronger US demand for Canadian-held gold. However, declines across several categories limited overall growth, including consumer goods (-7.1%), electronic equipment (-13.9%), industrial machinery (-9.0%), motor vehicles and parts (-4.9%), and forestry products and building materials (-9.8%). Several products in these categories were targeted by new US tariffs and had recorded significant gains in August.

US exports increased 1.9%, or $5.8 billion, to $321.5 billion in September 2026, driven primarily by a $5.1 billion rise in goods shipments. Exports of capital goods climbed $3.8 billion, led by computers, computer accessories and civilian aircraft. Food, feeds and beverages exports advanced $1.9 billion, boosted by soybean sales, while consumer goods exports rose $0.8 billion on higher pharmaceutical shipments. These gains were partly offset by a $1.0 billion decline in industrial supplies and materials, largely reflecting a sharp $3.4 billion drop in nonmonetary gold exports. Meanwhile, services exports increased $0.7 billion to $110.5 billion, supported by higher receipts from travel and charges for the use of intellectual property.

New Zealand's exports increased 12.3% year-on-year to NZD 6.47 billion in September 2026, following a downwardly revised 12.4% rise in the previous month. Higher exports of milk powder, butter, and cheese (9.6%); meat and edible offal (22.4%); and aluminium and aluminium articles (53.0%) drove export growth. In contrast, exports of preparations of milk, cereals, flour, and starch (-3.8%); iron and steel, and articles (-9.6%); and pharmaceutical products (-26.9%) all declined. Among trading partners, exports to China grew 13.8%, while those to the US rose 8.7%, Australia 8.4%, and the EU 9.2%. Conversely, exports to Thailand (-21.1%), Hong Kong (-21.9%), and Saudi Arabia (-12.6%) all declined.

US exports increased $4.5 billion to $315.2 billion in August 2026, driven by a $6.3 billion rise in industrial supplies and materials, mainly nonmonetary gold and crude oil. Capital goods exports also increased by $1.3 billion, led by semiconductors and computers. These gains were partly offset by a $2.4 billion decline in pharmaceutical exports. Services exports were broadly unchanged, as higher charges for the use of intellectual property and other business services offset declines in travel and financial services.

Canada’s goods exports rose 2.5% month-over-month to C$77.9 billion in August 2026, rebounding from a downwardly revised 2.6% decline in July and marking the second highest level on record. Gains were recorded in eight of 11 product sections. Energy exports increased 4.7%, marking the first rise since April. Refined petroleum exports posted the largest monthly gain at 17.4%, driven by higher diesel shipments to Peru, the UK, US and Netherlands. Crude oil exports rose 2.1% on higher prices, while nuclear fuel and other energy product exports jumped 58.4%, driven by increased shipments to Germany and the UK. Consumer goods exports rose 6.6%, led by a 43.3% increase in miscellaneous goods and supplies, partly due to higher shipments of gold and silver coins to the US. Industrial machinery, equipment and parts exports rose 10.1%, their highest level since January 2025, while electronic and electrical equipment and parts increased 11%.

Australia's exports grew 3.7% month-on-month to a 41-month high of AUD 47.43 billion in August, rebounding from a revised 3.6% fall in July, primarily boosted by higher exports of non-monetary gold and coal, coke, and briquettes. Exports of non-monetary gold jumped 20.2% month-on-month to AUD 6.43 billion due to a rise in global gold prices. Non-rural goods shipments increased 2.0% month-on-month to AUD 34.56 billion, mainly due to higher exports of coal, coke, and briquettes, which rose 4.7%. The increase was also boosted by other mineral fuels (2.8%), metals (11.0%), machinery (0.5%), and other manufactures (0.8%). By contrast, rural exports fell 1.0% month-on-month to AUD 6.38 billion, weighed down by exports of meat and meat preparations (-2.1%) and cereal grains and cereal preparations (-4.3%).

New Zealand's exports increased 15.4% yoy to NZD 6.66 billion in August 2026, after a downwardly revised 10.8% rise in the previous month. Export growth was mainly driven by higher exports of milk powder, butter, and cheese (7.6%); meat and edible offal (23.3%); and precious metals, jewellery, and coins (53.2%). Conversely, exports of casein and caseinates (-18.0%); ores and slag (-52.2%); and pharmaceutical products (-15.2%) all declined. Among trading partners, exports to China grew 15.8%, while shipments to the US fell 6.6%. Meanwhile, exports to Australia, Japan, and the EU climbed 34.5%, 40.0%, and 5.7%, respectively. In contrast, exports to South Korea (-4.6%) and Taiwan (-4.5%) both declined.

Germany's exports decreased 0.8% month-on-month to €138.2 billion in July 2026, following a 0.9% rise in the previous month and compared with market expectations for no change. This marked the first monthly drop in exports since January, as shipments to EU member states declined (-1.6% to €78 billion), entirely due to lower exports to the euro area (-2.8% to €53.9 billion), while exports to non-euro area countries increased (1.1% to €24.1 billion). Exports to third countries rose 0.2% to €60.2 billion, as strong demand from the US (19.1%) more than offset declines in shipments to China (-9.5%) and the UK (-7.2%). On a yearly basis, the country's exports increased 6.1% in July. For the January-July period, German exports were 4% higher than in the same period a year earlier, amounting to €954.2 billion.

Canadian goods exports fell 2.3% month-over-month to C$76.1 billion in July 2026, marking the lowest level since March and the first decline in six months. Decreases were recorded in 7 of the 11 product sections. Exports of metal and non-metallic mineral products fell 8.5% following a 15.8% increase in June, driven by a 13.1% drop in unwrought gold, silver and platinum group metals and their alloys. The decline reflected lower purchases of Canadian-held gold by foreign residents and fewer shipments to the US, while lower prices also weighed on export values. Energy product exports fell 4.4%, marking a third consecutive monthly decline, led by a 5.6% drop in crude oil exports as both prices and volumes decreased. Natural gas exports fell 14.0% after two consecutive monthly increases. Exports to the US declined 6.6%, the sharpest drop since April 2025, due mainly to lower crude oil and gold shipments. Meanwhile, exports to countries other than the US rose 7.4% to a record C$25.6 billion.

Exports from the US declined 2.1% month-over-month to $310.7 billion in July 2026, marking a third consecutive monthly fall and the lowest value since January. Sales declined for crude oil (-$4.5 billion), nonmonetary gold (-$3.9 billion), travel services (-$0.6 billion), financial services (-$0.3 billion) and transport services (-$0.2 billion). On the other hand, shipments increased for capital goods ($1.9 billion) and pharmaceutical preparations ($1 billion). Exports went mostly to the EU ($36.5 billion), Mexico ($32.6 billion) and Canada ($29.25 billion). Sales to China amounted to $10.3 billion.

Australia's exports dropped 3.3% month-on-month to AUD 46.26 billion in July, reversing a downwardly revised 9.1% surge in June, primarily driven by lower shipments of non-monetary gold and coal, coke and briquettes. Non-monetary gold exports plunged 26.1% month-on-month to AUD 5.35 billion. Non-rural goods shipments edged down 0.2% month-on-month to AUD 34.11 billion, mainly due to lower exports of metal ores and minerals, which dropped 1.6%. The decline was also weighed down by coal, coke, and briquettes (-4.3%), metals (-9.0%), and other manufactures (-5.0%). By contrast, rural exports grew 5.8% month-on-month to AUD 6.74 billion, driven by higher exports of cereal grains and cereal preparations (19.0%) and other rural goods (7.8%).

Exports in Turkey increased 2.9% year-on-year to USD 25.62 billion in July 2026, led by a 1.7% increase in manufacturing exports. Exports of agriculture, forestry and fishing (39.6%) and mining and quarrying (11.3%) also went up. The main export partners were Germany (8.0%), the US (6.6%), the UK (5.3%), Iraq (4.3%), and Italy (4.3%). In the first seven months of the year, exports rose 3.4% to USD 161.54 billion.

New Zealand's exports increased 13.5% yoy to NZD 7.39 billion in July 2026, after a downwardly revised 20.8% surge in the previous month. Export growth was mainly driven by higher sales of milk powder, butter, and cheese (6.4%); meat and edible offal (34.1%); aluminum and aluminum articles (43.4%); and fruit (15.1%). By contrast, exports of preparations of milk, cereals, flour, and starch fell (-16.3%); aircraft and parts (-72.5%); crude oil (-100.0%); and mechanical machinery and equipment (-9.0%). Among trading partners, exports to China grew 14.4%, while shipments to the US surged 29.5%. Meanwhile, exports to Australia, Japan, and the EU rose 6.7%, 0.6%, and 9.6%, respectively. Conversely, exports to South Korea (-1.6%), Hong Kong (-3.1%), and Saudi Arabia (-39.5%) fell.

Germany's exports rose 0.9% month-on-month to €139.3 billion in June 2026, easing from an upwardly revised 1.1% increase in the previous month but beating market expectations of a 0.2% gain. Shipments to EU member states climbed 1.3% to €79.3 billion, driven by a 1.2% rise in exports to the euro area (€55.3 billion) and a 1.8% increase to non-euro area countries (€24.1 billion). Elsewhere, exports to third countries edged up 0.3% to €60.0 billion, as stronger demand from the UK (7.7%) helped offset weaker shipments to the US (-14.2%) and China (-0.3%). In the first half of 2026, German exports increased 3.7% from the corresponding period a year earlier, totaling €816.6 billion.

Australia’s goods exports grew 9.6% month-on-month to an over-three-year high of AUD 47.70 billion in June, rebounding from an upwardly revised 7.6% decline in May. The increase was primarily driven by non-monetary gold amid higher global energy and commodity prices, reflecting the impact of the Middle East conflict and disruptions in the Strait of Hormuz. Non-monetary gold exports surged 60.2%, after plunging in the previous month, to AUD 7.24 billion. Non-rural goods shipments rose 4.9% month-on-month to AUD 34.08 billion, mainly due to higher exports of metal ores and minerals, which increased 6.2%. The advance was also supported by coal, coke and briquettes (4.6%), other mineral fuels (4.0%), metals (20.2%), machinery (3.3%), and other manufactures (2.8%). Conversely, rural exports dropped 1.9% month-on-month to AUD 6.30 billion, weighed down by lower exports of meat and meat preparations (-5.9%) and cereal grains and cereal preparations (-5.1%).

Canadian goods exports rose 0.4% month-over-month to a record CAD 77.5 billion in June 2026, marking a fifth consecutive monthly increase. Exports of metal and non-metallic mineral products jumped 16.5%, driven by a 27.9% surge in shipments of unwrought gold, silver, platinum group metals and their alloys, reflecting higher gold exports to the UK and stronger foreign demand. Exports of metal ores and non-metallic minerals also increased 7.3%, led by copper ores and concentrates (20%) and sulphur shipments. Meanwhile, exports of motor vehicles and parts rose 2.4% as higher domestic production lifted passenger car and light truck exports to their highest level since March 2025. These gains were largely offset by a 10% decline in energy product exports. Following a 4.6% increase in the first quarter, total exports advanced 13.1% in Q2, the strongest quarterly growth since the third quarter of 2020.

US exports fell 0.9% to a four-month low of $314.7 billion in June 2026, as weaker goods shipments outweighed continued strength in services exports. Goods exports declined by $4 billion to $206.9 billion, with the largest drag coming from industrial supplies and materials. Crude oil exports dropped by $5.7 billion, while fuel oil shipments fell $1.6 billion, reflecting lower oil prices and reduced export volumes. Those declines were partly offset by a $3.4 billion increase in nonmonetary gold exports. Elsewhere, capital goods exports slipped by $0.6 billion, led by a $1.1 billion fall in computer shipments, while other goods exports decreased by $0.8 billion. In contrast, services exports rose $1.1 billion to $107.8 billion, supported by stronger financial services and travel receipts. Spending by international visitors increased for a second straight month as the FIFA World Cup boosted tourism, lifting US travel exports by 2.4% to their highest level since the beginning of 2025.

New Zealand’s exports increased 24.8% year-on-year to NZD 8.09 billion in June 2026, after a downwardly revised 15.1% rise in the previous month. Export growth was mainly driven by higher sales of milk powder, butter, and cheese (15.7%); meat and edible offal (51.8%); preparations of milk, cereals, flour, and starch (129.8%); and aluminum and aluminum articles (73.7%). Conversely, exports fell for casein and caseinates (-8.0%) and crude oil (-38.3%). Among trading partners, exports to China soared 23.5%, while shipments to the US jumped 42.8%. Meanwhile, exports to Australia, Japan, and the EU rose 18.4%, 19.3%, and 6.9%, respectively. By contrast, outbound shipments dropped to Singapore (24.9%).