Australia Balance of Trade  1971-2016 | Data | Chart | Calendar | Forecast

Australia reported a trade gap of AUD3.19 billion in June of 2016, an increase of 32 percent from an upwardly revised AUD2.42 billion deficit in May and missing market estimates. It was the largest trade deficit since January as exports fell 1.0 percent to AUD25.80 billion while imports went up 2.0 percent to AUD28.99 billion. Balance of Trade in Australia averaged -583.14 AUD Million from 1971 until 2016, reaching an all time high of 2235 AUD Million in February of 2009 and a record low of -4430 AUD Million in April of 2015. Balance of Trade in Australia is reported by the Australian Bureau of Statistics.

Australia Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
-3195.00 -2418.00 2235.00 -4430.00 1971 - 2016 AUD Million Monthly
SA
In 2010 and 2011, Australia reported consistent trade surpluses due to high prices of commodities. However, from 2012 trade balance shifted back to deficit (with exception of first three months of 2014) mostly due to a sharp drop in value of commodity exports and increase in value of imports due to AUD depreciation. In 2015, the biggest trade surpluses were recorded with China, Hong Kong and Japan and New Zealand. The biggest trade deficits were recorded with the United States, Singapore, South Korea, Malaysia and Thailand. This page provides the latest reported value for - Australia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-02 01:30 AM Apr A$-1.58B A$-1.97B A$-2B A$-2B
2016-07-05 01:30 AM May A$-2.22B A$-1.79B A$-1.5B A$-2.1B
2016-08-02 01:30 AM Jun A$ -3.19B A$-2.42B A$-2B A$-2.2B
2016-09-08 01:30 AM Jul A$ -3.19B A$-1.9B
2016-10-06 12:30 AM Aug A$-2.1B
2016-11-04 12:30 AM Sep A$-2.2B

Australia Trade Deficit Largest in 5 Months


Australia reported a trade gap of AUD3.19 billion in June of 2016, an increase of 32 percent from an upwardly revised AUD2.42 billion deficit in May and missing market estimates. It was the largest trade deficit since January as exports fell while imports rose.

Between May and June 2016, in seasonally adjusted terms, goods and services exports fell AUD213 million (-1 percent) to AUD25,803 million. Non-monetary gold fell AUD270 million (-15 percent). Rural goods rose AUD35 million (+1 percent) and non-rural goods rose AUD20 million. Net exports of goods under merchanting remained steady at AUD28 million. Services credits rose AUD2 million.

Goods and services imports rose AUD564 million (+2 percent) to AUD28,998 million. Consumption goods rose AUD588 million (+7 percent) and capital goods rose AUD147 million (+3 percent). Intermediate and other merchandise goods fell AUD92 million (-1 percent) and non-monetary gold fell AUD57 million (-10 percent). Services debits fell AUD21 million.

ABS l Rida Husna | rida@tradingeconomics.com
8/2/2016 3:06:16 AM

Australia Trade Last Previous Highest Lowest Unit
Balance of Trade -3195.00 -2418.00 2235.00 -4430.00 AUD Million [+]
Exports 25803.00 26016.00 29254.00 435.00 AUD Million [+]
Imports 28998.00 28434.00 30233.00 396.00 AUD Million [+]
Current Account -20794.00 -22631.00 295.00 -22631.00 AUD Million [+]
Current Account to GDP -4.60 -3.00 1.40 -6.70 percent [+]
External Debt 1898459.00 1911243.00 1911243.00 147312.00 AUD Million [+]
Terms of Trade 78.70 80.60 118.50 49.30 Index Points [+]
Foreign Direct Investment 29636.00 57525.00 57932.00 -37050.00 AUD Million [+]
Capital Flows 20549.00 20866.00 21907.00 -375.00 AUD Million [+]
Tourist Arrivals 555800.00 542000.00 897700.00 30100.00 [+]
Gold Reserves 79.85 79.85 79.85 79.69 Tonnes [+]
Crude Oil Production 330.00 335.00 781.00 258.00 BBL/D/1K [+]
Terrorism Index 3.11 0.22 3.11 0.01 [+]
Weapons Sales 113.00 91.00 158.00 2.00 USD Million [+]




Last
Afghanistan -7159.00 Dec/15
Albania -28379.00 Jun/16
Algeria -1308.00 Dec/15
Angola 3002.24 Dec/15
Argentina 270.00 Jul/16
Armenia -81.00 Jul/16
Aruba -426.10 Mar/16
Australia -3195.00 Jun/16
Austria -25.00 May/16
Azerbaijan 621706.00 Mar/16
Bahamas -514.90 Dec/15
Bahrain 1513.00 Dec/15
Bangladesh -89.35 May/16
Barbados -254822.00 Dec/15
Belarus -71.50 Jun/16
Belgium 1512.30 Jun/16
Belize -131.21 Jun/16
Benin -164.32 Mar/16
Bhutan -26021.60 Dec/15
Bolivia -136.10 Mar/16
Bosnia and Herzegovina -526211.72 Jul/16
Botswana 4100.60 May/16
Brazil 4578.00 Jul/16
Brunei 166.50 Jun/16
Bulgaria -75.50 Jun/16
Burkina Faso -49.00 Sep/14
Burundi -76937.10 Mar/16
Cambodia -109.60 Feb/16
Cameroon -1054.40 Dec/13
Canada -3632.40 Jun/16
Cape Verde -5167.30 Jun/16
Cayman Islands -746.00 Dec/15
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile -90.13 Jul/16
China 523.08 Jul/16
Colombia -0.97 Jun/16
Comoros -73294.00 Dec/14
Congo 1001.80 Dec/14
Costa Rica -451.50 Jul/16
Croatia -4704.00 Jun/16
Cuba -9578.00 Dec/15
Cyprus -318121.00 Jun/16
Czech Republic 50618.00 Jun/16
Denmark 7481.80 Jun/16
Djibouti -119840.00 Dec/14
Dominican Republic -631.90 Mar/16
East Timor -38853.09 May/16
Ecuador 235011.00 Jun/16
Egypt -2866.00 May/16
El Salvador -411.97 Jun/16
Equatorial Guinea 2723.70 Dec/10
Eritrea -833.00 Dec/15
Estonia -149.08 Jun/16
Ethiopia -3557.70 Dec/15
Euro Area 29248.20 Jun/16
European Union 7650.10 Jun/16
Fiji -84048.00 Feb/16
Finland 325.00 Jun/16
France -3440.00 Jun/16
Gabon 3711.95 Dec/13
Gambia -2269.53 Dec/14
Georgia -494.19 Jul/16
Germany 24869.00 Jun/16
Ghana -773.70 Mar/16
Greece -1463.00 Jun/16
Guatemala -539.70 Jun/16
Guinea -103.83 Jun/13
Guinea Bissau -23.80 Dec/14
Guyana -4.40 Mar/16
Haiti -208.97 Apr/16
Honduras -361.50 May/16
Hong Kong -33307.00 Jul/16
Hungary 355000.00 Jun/16
Iceland -9600.00 Jul/16
India -7761.40 Jul/16
Indonesia 598.30 Jul/16
Iran 4258.00 Dec/15
Iraq 38780.80 Dec/14
Ireland 4502100.00 Jun/16
Israel -1600.20 Jul/16
Italy 4662.00 Jun/16
Ivory Coast 890.60 Dec/14
Jamaica -761100.00 Dec/15
Japan 513.51 Jul/16
Jordan -702809.00 May/16
Kazakhstan 1055.00 Jun/16
Kenya -79107.00 Jun/16
Kosovo -216894.00 Jun/16
Kuwait 402.00 Mar/16
Kyrgyzstan -222.60 May/16
Laos -594.89 Dec/15
Latvia -169.00 Jun/16
Lebanon -1258.95 Jun/16
Lesotho -3543.23 Mar/16
Liberia -79.80 Apr/16
Libya -17675.60 Dec/14
Liechtenstein 326579.00 Jun/16
Lithuania -233.30 Jun/16
Luxembourg -0.44 Jun/16
Macau -4888852.71 Jun/16
Macedonia -183852.00 Jun/16
Madagascar -306742.00 Jun/16
Malawi -31524.80 Sep/15
Malaysia 5517.62 Jun/16
Maldives -165.70 Apr/16
Mali -100.60 Mar/15
Malta -241648.00 Jun/16
Mauritania -24.89 Dec/15
Mauritius -6215.00 Jun/16
Mexico -1827.09 Jul/16
Moldova -167.30 Jun/16
Monaco 7.80 Mar/16
Mongolia 15.20 Jul/16
Montenegro -175013.00 Jul/16
Morocco -16665.00 Jun/16
Mozambique -1754.40 Dec/15
Myanmar -639.40 Dec/15
Namibia -6141.52 Mar/16
Nepal -77662.70 Mar/16
Netherlands 4902.00 Jun/16
New Caledonia -9890.65 Jun/16
New Zealand -433.26 Jul/16
Nicaragua -195.00 May/16
Niger -441985.00 Sep/15
Nigeria -171309.90 Mar/16
North Korea -476.67 Dec/15
Norway 13951.12 Jul/16
Oman -45.20 Dec/15
Pakistan -217594.00 Jul/16
Palestine -408.60 May/16
Panama -939006.70 Jun/16
Papua New Guinea 3957.00 Dec/15
Paraguay 99931.00 Jul/16
Peru -277.50 Jun/16
Philippines -2098494.00 Jun/16
Poland 404.00 Jun/16
Portugal -923.50 Jun/16
Puerto Rico 2091.50 Apr/16
Qatar 8329.00 Jun/16
Republic of the Congo 4092.35 Dec/10
Romania -695.80 Jun/16
Russia 8114.00 Jun/16
Rwanda -142.60 May/16
Sao Tome and Principe -24.59 Mar/16
Saudi Arabia 16295.00 Mar/16
Senegal -151.57 Jun/16
Serbia -464.50 Jun/16
Seychelles -45.27 Jun/16
Sierra Leone -33.70 Dec/15
Singapore 6519.51 Jul/16
Slovakia 515.00 Jun/16
Slovenia 174.81 Jun/16
Somalia -1473.48 Dec/15
South Africa 12530.50 Jun/16
South Korea 7793.00 Jul/16
South Sudan -104.70 Dec/15
Spain -1357000.00 Jun/16
Sri Lanka -811.00 Jun/16
Sudan -489010.00 Mar/16
Suriname -23.00 Mar/16
Swaziland 1217.38 Dec/15
Sweden 1800.00 Jun/16
Switzerland 2930.41 Jul/16
Syria 9394.50 Dec/10
Taiwan 3608.26 Jul/16
Tajikistan -168.70 Jun/16
Tanzania -223.30 Apr/16
Thailand 1213.00 Jul/16
Togo -68.29 Dec/14
Trinidad and Tobago 258.50 Dec/15
Tunisia -822.00 Jul/16
Turkey -6559.00 Jun/16
Turkmenistan 2228.22 Dec/14
Uganda -199.50 Jun/16
Ukraine 11.40 Jun/16
United Arab Emirates 328300.00 Dec/15
United Kingdom -5084.00 Jun/16
United States -44510.00 Jun/16
Uruguay 285352.00 Jun/16
Uzbekistan 455.00 Dec/15
Venezuela -782.00 Sep/15
Vietnam 200.00 Aug/16
Yemen -2914.30 Dec/13
Zambia -1905.90 Jun/16
Zimbabwe -322.86 Mar/16