Exports of goods and services from Australia soared 4 percent from a month earlier to a new high of AUD 48.52 billion in August 2021, amid solid overseas demand in the aftermath of COVID-19 disruptions and rising commodity prices. Sales of non-rural goods rose by 3 percent to AUD 35.86 billion, driven by coal, coke, and briquettes (13 percent), and other mineral fuels (16 percent). Also, exports of rural goods climbed 11 percent to AUD 5.42 billion, led by meat and meat preparations (7 percent), cereal grains and cereal preparations (17 percent), and wool and sheepskins (59 percent). In addition, shipments of non-monetary gold were up 17 percent to AUD 2.43 billion. By contrast, net exports of goods under merchanting fell by AUD 3 million to AUD 34 million. Additionally, exports of services shrank 3 percent to AUD 4.77 billion, dragged down by travel (-9 percent). source: Australian Bureau of Statistics
Exports in Australia averaged 12661.31 AUD Million from 1971 until 2021, reaching an all time high of 48524 AUD Million in August of 2021 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 October of 2021.
Exports in Australia is expected to be 41000.00 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 2022, according to our econometric models.