Australia Balance of Trade
Category:
Balance of Trade
Units:
Billion
In 2017 and 2018 Australia recorded trade surpluses mostly due to rise in a resource exports like natural gas, metal ores and minerals, coal, coke and briquettes and rural goods such as meat and cereals. The biggest trade surpluses are recorded with China, Hong Kong and Japan and New Zealand and the biggest trade deficits with the United States, Singapore, South Korea, Malaysia and Thailand.
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A higher than expected figure should be seen as positive (bullish) for the AUD while a lower than expected figure should be seen as negative (bearish) for the AUD.
Source:
Australian Bureau of Statistics
Event Details
Impact:
High
Country:
Symbol:
AUD
Latest Release
Previous:
A$6.027B
Consensus:
A$6.678B
Actual:
A$5.77B
Next Release
Date:
01:30 AM, 1 Aug 2024 (in 4 days)
Time left:
in 4 days
Consensus:
A$4.95B