Exports of goods and services from Australia grew 1% mom to a new record high of AUD 50.38 billion in April 2022, amid surging commodity prices. Sales of non-rural goods increased by 1 percent to AUD 38.21 billion, driven by demand for other mineral fuels (5.2%), metal-excluding non-monetary gold (16.8%), other manufactures (1.1%), and other non-rural (3.6%). Also, shipments of rural goods went up 3.3 percent to AUD 5.53 billion, boosted by cereal grains and cereal preparations (8.3%), meat and meat preparations (1.7%), other rural (1.0%), and wool and sheepskins (7.6%). Further, sales of services jumped 9.6% to AUD 5.32 billion, due to higher sales of both travel (26.8%) and services (0.2%). By contrast, sales of net exports of goods under merchanting plunged 25 percent to AUD 24 million, while those of non-monetary gold slumped 29.3 percent to AUD 1.30 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 July 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.