News

Australia Trade Balance Swings to Surplus
Australia posted a trade surplus of AUD 1.79 billion in April 2026, shifting from a downwardly revised AUD 1.02 billion deficit in the previous month and in line with market expectations. Exports grew 7.2% month-on-month to a three-year high of AUD 47.19 billion, after a downwardly revised 2.5% fall in March, primarily reflecting a sharp increase in metal ore and mineral prices amid supply concerns and rising energy costs. Non-rural goods shipments rose 11% to AUD 33.57 billion, mainly driven by a surge in metal ores and minerals, which soared 18.5% amid rising prices. Meanwhile, imports rose 0.8% month-on-month to AUD 47.19 billion, easing sharply from a downwardly revised 12.2% surge in March, as domestic demand moderated, with imports of computing equipment used in data centres falling back 42% after a surge in the previous month.
Published on 2026-06-04

Australia Trade Balance Swings to Surplus
Australia posted a trade surplus of AUD 1.79 billion in April 2026, shifting from a downwardly revised AUD 1.02 billion deficit in the previous month and in line with market expectations. Exports grew 7.2% month-on-month to a three-year high of AUD 47.19 billion, after a downwardly revised 2.5% fall in March, primarily reflecting a sharp increase in metal ores and minerals amid supply concerns and rising energy costs. Meanwhile, imports rose 0.8% to AUD 45.40 billion, after a downwardly revised 12.2% surge in March.
Published on 2026-06-04

Australia Trade Balance Swings to Surplus
Australia posted a trade surplus of AUD 1.79 billion in April 2026, shifting from a downwardly revised AUD 1.02 billion deficit in the previous month and in line with market expectations. Exports grew 7.2% month-on-month to AUD 47.19 billion, after a downwardly revised 2.5% fall in March, mainly driven by metal ores and minerals. Meanwhile, imports rose 0.8% to AUD 45.40 billion, after a downwardly revised 12.2% surge in March.
Published on 2026-06-04

Australia Trade Balance Swings to Surplus
Australia posted a trade surplus of AUD 1.79 billion in April 2026, shifting from a downwardly revised AUD 1.02 billion deficit in the previous month and in line with market expectations. Exports grew 7.2% month-on-month to a three-year high of AUD 47.19 billion, after a downwardly revised 2.5% fall in March, primarily reflecting a sharp increase in metal ore and mineral prices amid supply concerns and rising energy costs. Meanwhile, imports rose 0.8% to AUD 45.40 billion, easing sharply from a downwardly revised 12.2% surge in March, as domestic demand moderated and businesses scaled back imports following strong growth in the previous month.
Published on 2026-06-04

Australia Trade Balance Swings to Surplus
Australia posted a trade surplus of AUD 1.79 billion in April 2026, shifting from a downwardly revised AUD 1.02 billion deficit in the previous month and in line with market expectations. Exports grew 7.2% month-on-month to a three-year high of AUD 47.19 billion, after a downwardly revised 2.5% fall in March, primarily reflecting a sharp increase in metal ore and mineral prices amid supply concerns and rising energy costs. Non-rural goods shipments rose 11% to AUD 33.57 billion, mainly driven by a surge in metal ores and minerals, which soared 18.5% amid rising prices. Meanwhile, imports rose 0.8% month-on-month to AUD 47.19 billion, easing sharply from a downwardly revised 12.2% surge in March, as domestic demand moderated, with imports of computing equipment used ?in data centres falling back 42% after a surge in March.
Published on 2026-06-04

Australia Trade Balance Swings to Surplus
Australia posted a trade surplus of AUD 1.79 billion in April 2026, shifting from a downwardly revised AUD 1.02 billion deficit in the previous month and in line with market expectations. Exports grew 7.2% month-on-month to a three-year high of AUD 47.19 billion, after a downwardly revised 2.5% fall in March, primarily reflecting a sharp increase in metal ore and mineral prices amid supply concerns and rising energy costs. Non-rural goods shipments rose 11% to AUD 33.57 billion, mainly driven by a surge in metal ores and minerals, which soared 18.5% amid rising prices. Meanwhile, imports rose 0.8% to AUD 47.19 billion, easing sharply from a downwardly revised 12.2% surge in March, as domestic demand moderated and businesses scaled back imports following strong growth in the previous month.
Published on 2026-06-04

Australia Trade Balance Swings to Surplus
Australia posted a trade surplus of AUD 1.79 billion in April 2026, shifting from a downwardly revised AUD 1.02 billion deficit in the previous month and in line with market expectations. Exports grew 7.2% month-on-month to AUD 47.19 billion, after a downwardly revised 2.5% fall in March, mainly driven by metal ores. Meanwhile, imports rose 0.8% to AUD 45.40 billion, after a downwardly revised 12.2% surge in March.
Published on 2026-06-04

Australia Trade Balance Swings to Surplus
Australia posted a trade surplus of AUD 1.79 billion in April 2026, shifting from a downwardly revised AUD 1.02 billion deficit in the previous month and in line with market expectations. Exports grew 7.2% month-on-month to a three-year high of AUD 47.19 billion, after a downwardly revised 2.5% fall in March, primarily reflecting a sharp increase in metal ores and minerals amid supply concerns and rising energy costs. Meanwhile, imports rose 0.8% to AUD 45.40 billion, easing sharply from a downwardly revised 12.2% surge in March, as domestic demand moderated and businesses scaled back imports following strong growth in the previous month.
Published on 2026-06-04

Australia Trade Balance Swings to Surplus
Australia posted a trade surplus of AUD 1.79 billion in April 2026, shifting from a downwardly revised AUD 1.02 billion deficit in the previous month and in line with market expectations. Exports grew 7.2% month-on-month to a three-year high of AUD 47.19 billion, after a downwardly revised 2.5% fall in March, primarily reflecting a sharp increase in metal ore and mineral prices amid supply concerns and rising energy costs. Non-rural goods shipments rose 11% to AUD 33.57 billion, mainly driven by a surge in metal ores and minerals, which soared 18.5% amid rising prices. Meanwhile, imports rose 0.8% month-on-month to AUD 47.19 billion, easing sharply from a downwardly revised 12.2% surge in March, as domestic demand moderated and businesses scaled back imports following strong growth in the previous month.
Published on 2026-06-04

Australia Trade Balance Swings to Surplus
Australia posted a trade surplus of AUD 1.79 billion in April 2026, shifting from a downwardly revised AUD 1.02 billion deficit in the previous month and in line with market expectations. Exports grew 7.2% month-on-month to a three-year high of AUD 47.19 billion, after a downwardly revised 2.5% fall in March, mainly driven by metal ores and minerals. Meanwhile, imports rose 0.8% to AUD 45.40 billion, after a downwardly revised 12.2% surge in March.
Published on 2026-06-04

Australia Trade Balance Swings to Surplus
Australia posted a trade surplus of AUD 1.79 billion in April 2026, shifting from a downwardly revised AUD 1.02 billion deficit in the previous month and in line with market expectations. Exports grew 7.2% month-on-month to a three-year high of AUD 47.19 billion, after a downwardly revised 2.5% fall in March, primarily reflecting a sharp increase in metal ore and mineral prices amid supply concerns and rising energy costs. Non-rural goods shipments rose 11%, mainly driven by a surge in metal ores and minerals, which soared 18.5% amid rising prices.Meanwhile, imports rose 0.8% to AUD 45.40 billion, easing sharply from a downwardly revised 12.2% surge in March, as domestic demand moderated and businesses scaled back imports following strong growth in the previous month.
Published on 2026-06-04

Australia Trade Balance Swings to Surplus
Australia posted a trade surplus of AUD 1.79 billion in April 2026, shifting from a downwardly revised AUD 1.02 billion deficit in the previous month and in line with market expectations. Exports grew 7.2% month-on-month to a three-year high of AUD 47.19 billion, after a downwardly revised 2.5% fall in March, primarily reflecting a sharp increase in metal ore and mineral prices amid supply concerns and rising energy costs. Non-rural goods shipments rose 11% to AUD 33.57 billion, mainly driven by a surge in metal ores and minerals, which soared 18.5% amid rising prices. Meanwhile, imports rose 0.8% month-on-month to AUD 47.19 billion, easing sharply from a downwardly revised 12.2% surge in March, as domestic demand moderated, with imports of computing equipment used in data centres falling back 42% after a surge in the previous month.
Published on 2026-06-04

Australia Posts First Trade Gap Since 2017
Australia unexpectedly posted a goods trade deficit of AUD 1.84 billion in March 2026, shifting from a downwardly revised AUD 5.03 billion surplus in the previous month and missing market expectations of an AUD 4.25 billion surplus. It marked the first trade gap since December 2017, as exports fell while imports surged. Exports dropped 2.7% mom to AUD 43.93 billion, reversing a downwardly revised 4.2% rise in February, mainly driven by other rural products. Also, non-monetary gold exports fell 6.1% to AUD 7.42 billion due to lower global gold prices, which fell over 10% in March, the steepest decline since June 2013. Meanwhile, imports jumped 14.1% to a record high of AUD 45.77 billion, reversing a downwardly revised 2.7% drop in February amid robust domestic demand. The growth was mainly boosted by purchases of capital goods, which surged 36.8% to AUD 12.68 billion, with ADP imports soaring 204.4%, reflecting strong investment in data centres, while purchases of fuel surged. .
Published on 2026-05-07

Australia Posts First Trade Gap Since 2017
Australia unexpectedly posted a goods trade deficit of AUD 1.84 billion in March 2026, shifting from a downwardly revised AUD 5.03 billion surplus in the previous month and missing market expectations of an AUD 4.25 billion surplus. It marked the first trade gap since December 2017, as exports fell while imports surged. Exports dropped 2.7% month-on-month to a four-month high of AUD 43.93 billion, reversing a downwardly revised 4.2% rise in February, mainly driven by other rural products. Rural exports plunged 11.6% to AUD 6.32 billion, weighed down by declines in meat and meat preparations (-2.9%), other rural goods (-23.1%). Meanwhile, imports jumped 14.1% to a record high of AUD 45.77 billion, reversing a downwardly revised 2.7% drop in the previous month amid robust domestic demand. The growth was mainly boosted by purchases of capital goods, which surged 36.8% to AUD 12.68 billion, with ADP imports soaring 204.4%.
Published on 2026-05-07

Australia Posts First Trade Gap Since 2017
Australia unexpectedly posted a goods trade deficit of AUD 1.84 billion in March 2026, shifting from a downwardly revised AUD 5.03 billion surplus in the previous month and missing market expectations of an AUD 4.25 billion surplus. It marked the first trade gap since December 2017, as exports fell while imports surged. Exports dropped 2.7% month-on-month to a four-month high of AUD 43.93 billion, reversing a downwardly revised 4.2% rise in February, mainly driven by other rural products. Rural exports plunged 11.6% to AUD 6.32 billion, weighed down by declines in meat and meat preparations (-2.9%), other rural goods (-23.1%). Meanwhile, imports jumped 14.1% to a record high of AUD 45.77 billion, reversing a downwardly revised 2.7% drop in the previous month amid robust domestic demand.
Published on 2026-05-07

Australia Posts First Trade Gap Since 2017
Australia unexpectedly posted a goods trade deficit of AUD 1.84 billion in March 2026, shifting from a downwardly revised AUD 5.03 billion surplus in the previous month and missing market expectations of an AUD 4.25 billion surplus. It marked the first trade gap since December 2017, as exports fell while imports surged. Exports dropped 2.7% month-on-month to AUD 43.93 billion, reversing a downwardly revised 4.2% rise in February, mainly driven by other rural products. Rural exports plunged 11.6% to AUD 6.32 billion, weighed down by declines in meat and meat preparations (-2.9%), other rural goods (-23.1%). Meanwhile, imports jumped 14.1% to a record high of AUD 45.77 billion, reversing a downwardly revised 2.7% drop in the previous month amid robust domestic demand. The growth was mainly boosted by purchases of capital goods, which surged 36.8% to AUD 12.68 billion, with ADP imports soaring 204.4%, reflecting strong investment in data centres, while purchases of fuel surged. .
Published on 2026-05-07

Australia Posts First Trade Gap Since 2017
Australia unexpectedly posted a goods trade deficit of AUD 1.84 billion in March 2026, shifting from a downwardly revised AUD 5.03 billion surplus in the previous month and missing market expectations of an AUD 4.25 billion surplus. It marked the first trade gap since December 2017, as exports fell while imports surged. Exports dropped 2.7% month-on-month to a four-month high of AUD 43.93 billion, reversing a downwardly revised 4.2% rise in February, while imports jumped 14.1% to AUD 45.77 billion.
Published on 2026-05-07

Australia Posts First Trade Gap Since 2017
Australia unexpectedly posted a goods trade deficit of AUD 1.84 billion in March 2026, shifting from a downwardly revised AUD 5.03 billion surplus in the previous month and missing market expectations of an AUD 4.25 billion surplus. It marked the first trade gap since December 2017, as exports fell while imports surged. Exports dropped 2.7% month-on-month to AUD 43.93 billion, reversing a downwardly revised 4.2% rise in February, mainly driven by other rural products. Rural exports plunged 11.6% to AUD 6.32 billion, weighed down by declines in meat and meat preparations (-2.9%), other rural goods (-23.1%). Meanwhile, imports jumped 14.1% to a record high of AUD 45.77 billion, reversing a downwardly revised 2.7% drop in the previous month amid robust domestic demand. The growth was mainly boosted by purchases of capital goods, which surged 36.8% to AUD 12.68 billion, with ADP imports soaring 204.4%.
Published on 2026-05-07

Australia Posts First Trade Gap Since 2017
Australia unexpectedly posted a goods trade deficit of AUD 1.84 billion in March 2026, shifting from a downwardly revised AUD 5.03 billion surplus in the previous month and missing market expectations of an AUD 4.25 billion surplus. It marked the first trade gap since December 2017, as exports fell while imports surged. Exports dropped 2.7% month-on-month to a four-month high of AUD 43.93 billion, reversing a downwardly revised 4.2% rise in February. Meanwhile, imports jumped 14.1% to a record high of AUD 45.77 billion, reversing a downwardly revised 2.7% drop in the previous month amid robust domestic demand.
Published on 2026-05-07

Australia Posts First Trade Gap Since 2017
Australia unexpectedly posted a goods trade deficit of AUD 1.84 billion in March 2026, shifting from a downwardly revised AUD 5.03 billion surplus in the previous month and missing market expectations of an AUD 4.25 billion surplus. It marked the first trade gap since December 2017, as exports fell while imports surged. Exports dropped 2.7% month-on-month to AUD 43.93 billion, reversing a downwardly revised 4.2% rise in February, mainly driven by other rural products. Rural exports plunged 11.6% to AUD 6.32 billion, weighed down by declines in meat and meat preparations (-2.9%), other rural goods (-23.1%). Meanwhile, imports jumped 14.1% to a record high of AUD 45.77 billion, reversing a downwardly revised 2.7% drop in the previous month amid robust domestic demand. The growth was mainly boosted by purchases of capital goods, which surged 36.8% to AUD 12.68 billion, with ADP imports soaring 204.4%, reflecting strong investment in data centres, while purchases of fuel surged. .
Published on 2026-05-07