Australia ExportsJune 2022 Data - 1971-2021 Historical - July Forecast - Calendar

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.

Exports of goods and services from Australia slid marginally to AUD 49.45 billion in March 2022 but still remained close to a record high hit in February. Sales of non-rural goods grew by 2 percent to AUD 37.47 billion, boosted by demand for metal ores and minerals (1%), coal, coke and briquettes (1%), machinery (4%), metal-excluding non-monetary gold (11%), other manufactures 1%), and other non-rural (12%). Also, net exports of goods under merchanting increased 3 percent to AUD 32 million. In the meantime, sales of services almost were unchanged at AUD 4.78 billion, due to lower sales of travel (-3 percent), while those of other services rose by 1%. By contrast, shipments of rural goods fell 3 percent to AUD 5.34 billion, dragged down by cereal grains and cereal preparations (-13%), other rural (-3%), and wool and sheepskins (-9%). Meanwhile, shipments of non-monetary gold plunged 21 percent to AUD 1.84 billion.

Exports of goods and services from Australia edged up 0.2 percent month-over-month to AUD 48.77 billion in February 2022, amid sluggish foreign demand due to worrying geopolitical risks and persistent supply chain disruptions. Shipments of rural goods grew 3 percent to AUD 5.83 billion, supported by meat and meat preparations (1%) and cereal grains and cereal preparations (15%). Meanwhile, shipments of non-monetary gold jumped 18 percent to AUD 2.33 billion. Also, net exports of goods under merchanting soared 29 percent to AUD 31 million. By contrast, sales of non-rural goods fell 1 percent to AUD 35.79 billion, dragged down by demand for metal ores and minerals (-2%), machinery (-15%), metal-excluding non-monetary gold (-4%), other manufactures (-5%), and other non-rural (-3%). In the meantime, sales of services dropped 1 percent AUD 4.79 billion, due to lower sales of travel (-4 percent).