Imports of goods and services to Australia grew by 3 percent month-over-month to an 18-month high of AUD 33.83 billion in July 2021, amid robust domestic demand following an acceleration in the COVID-19 vaccination drive. Arrivals of intermediate and other merchandise goods surged 15% to AUD 12.52 billion, led by other parts for capital goods (81 percent) and processed industrial supplies n.e.s. (8 percent). By contrast, purchases of consumption goods were down 3 percent to AUD 9.37 billion, due to textiles, clothing, and footwear (-4 percent); consumption goods n.e.s (-4 percent); and household electrical items (-9 percent). Also, imports of capital goods fell 1 percent to AUD 7.17 billion, weighed down by machinery and industrial equipment (-5 percent), and industrial transport equipment n.e.s. (-19 percent). In addition, purchases of services declined by 2 percent to AUD 4.34 billion, mainly driven by travel (-37 percent). source: Australian Bureau of Statistic
Imports in Australia averaged 12728.70 AUD Million from 1971 until 2021, reaching an all time high of 36217 AUD Million in September of 2019 and a record low of 393 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 September of 2021.
Imports in Australia is expected to be 32500.00 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 36500.00 AUD Million in 2022, according to our econometric models.