Trade Balance

Australia’s seasonally adjusted goods trade surplus increased to a six-month high of A$5,953m in October, from the downwardly revised A$4,532m in the previous month (originally A$4,609m). The market expectation was for a decline to A$4,500m.

Australia’s seasonally adjusted goods trade surplus dropped to a six-month low of A$4,609m in September, from the downwardly revised A$5,284m (originally A$5,644m). The market expectation was for a more moderate decline to A$5,274m.

Australia’s seasonally adjusted goods trade surplus was little changed in August, at A$5,644m from the downwardly revised A$5,636m in July (originally A$6,009m). The market expectation was for a A$5,500m surplus.

Australia’s seasonally adjusted goods trade surplus increased to a three-month high of A$6,009m, from the downwardly revised A$5,425m (originally A$5,589m). The market expectation was for a A$5,000m surplus.

Australia’s seasonally adjusted goods trade surplus rose to A$5,589m in June from the downwardly revised A$5,052m in the previous month (originally A$5,773m). The market expectation was for a decline to A$5,000m. The increase in surplus was driven by a A$736m (1.7%) rise in exports, partly offset by a A$198m (0.5%) uptick in imports.

Australia’s seasonally adjusted goods trade surplus declined A$254m to A$5,773m in May, from the downwardly revised level for April (A$6,027m against the original estimate of A$6,548m). The market consensus was for a A$6,328m surplus.