Australia Balance of Trade 1971-2015 | Data | Chart | Calendar | Forecast

Australia recorded a trade deficit of 1256 AUD Million in February of 2015. Balance of Trade in Australia averaged -505.89 AUD Million from 1971 until 2015, reaching an all time high of 2251 AUD Million in February of 2009 and a record low of -3884 AUD Million in February of 2008. Balance of Trade in Australia is reported by the Australian Bureau of Statistic.

     Forecast  
Australia Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
-1256.00 -1003.00 2251.00 -3884.00 1971 - 2015 AUD Million Monthly
In 2010 and 2011, Australia reported consistent trade surpluses due to high prices of commodities. However, from 2012 the trade balance has been back to deficit, with exception of first three months of 2014, mostly due to a sharp drop in value of commodity exports and rising capital imports. In 2014, the biggest trade surpluses were recorded with China, Hong Kong, Japan and South Korea. The biggest trade deficits were recorded with the United States, Singapore, Malaysia and Thailand. This page provides - Australia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Australia Balance of Trade - was last refreshed on Monday, May 4, 2015.


Australia Trade Deficit Largest in 5 Months


Australia reported a trade gap of $1.26 billion in February 2015, an increase of 25 percent on the deficit in January 2015. It is the largest shortfall since September 2014, as imports grew faster than exports.

Between January and February 2015, in seasonally adjusted terms, exports of goods and services rose $282 million (1 percent) to $27,874 million. Non-rural goods fell $218 million (1 percent) and non-monetary gold rose $98 million (8 percent). Rural goods rose $390 million (11 percent) and net exports of goods under merchanting remained steady at  $34 million. Services credits rose $11 million.

Between January and February 2015, imports rose $534 million (2 percent) to $29,129 million. Intermediate and other merchandise goods rose $284 million (3 percent), capital goods fell $116 million (2 percent) and consumption goods rose $192 million (3 percent). Non-monetary gold rose $96 million (36 percent). Services debits rose $78 million (1 percent).

ABS l Rida Husna l rida@tradingeconomics.com
4/2/2015 9:51:20 AM


Recent Releases

Australian Trade Deficit Widens in January
Australia reported a trade gap of $980m in January 2015, an increase of 95 percent on the deficit in December 2014 as imports grew faster than exports. Published on 2015-03-05

Australia's Trade Deficit Smallest in 9 Months
Australia's trade gap was reported at $436m in December 2014, a decrease of $580m (57%) on the deficit in November 2014 as exports rose for a fourth month in a row and imports fell. Published on 2015-02-03


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-02-03 12:30 AM
Balance of Trade  Dec
A$-0.436B A$-1.016B (R) A$ -0.775B A$ -0.9B
2015-03-05 12:30 AM
Balance of Trade  Jan
A$-0.98B A$-0.503B (R) A$-0.95B A$ -0.6B
2015-04-02 01:30 AM
Balance of Trade  Feb
A$-1.26B A$-1.00B (R) A$-1.3B A$ -0.6B
2015-05-05 02:30 AM
Balance of Trade  Mar
A$-1.26B A$ -1.0B A$ -0.7B
2015-06-05 02:30 AM
Balance of Trade  Apr
A$ -0.7B
2015-07-02 02:30 AM
Balance of Trade  May
A$ -0.7B


Australia Trade Last Previous Highest Lowest Unit
Balance of Trade -1256.00 -1003.00 2251.00 -3884.00 AUD Million [+]
Exports 27874.00 27592.00 29386.00 435.00 AUD Million [+]
Imports 29129.00 28595.00 29129.00 396.00 AUD Million [+]
Current Account -9588.00 -12130.00 295.00 -20882.00 AUD Million [+]
Current Account to GDP -2.90 -4.10 1.40 -6.70 percent [+]
External Debt 1674976.00 1612746.00 1674976.00 147312.00 AUD Million [+]
Terms of Trade 87.90 89.40 118.50 49.30 Index Points [+]
Foreign Direct Investment 52667.00 55596.00 57932.00 -37050.00 AUD Million [+]
Capital Flows 11552.00 14747.00 21907.00 -375.00 AUD Million [+]
Tourist Arrivals 806700.00 608800.00 806700.00 30100.00 [+]
Gold Reserves 79.85 79.85 79.85 79.69 Tonnes [+]
Crude Oil Production 354.00 360.00 781.00 282.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1256.00 Feb/15 -1003.00 2251.00 -3884.00 AUD Million [+]
Brazil 458.00 Mar/15 -2841.76 5659.37 -4058.14 USD Million [+]
Canada -984.00 Feb/15 -1475.00 8524.80 -2902.90 CAD Million [+]
China 30.81 Mar/15 606.19 606.19 -319.71 USD Hundred Million [+]
Euro Area 20300.00 Feb/15 7600.00 24009.80 -16638.00 EUR Million [+]
France -3449.00 Feb/15 -3710.00 2674.00 -7086.00 EUR Million [+]
Germany 19515.32 Feb/15 15900.00 23500.00 -535.91 EUR Million [+]
India -11790.00 Mar/15 -6847.00 258.90 -20210.90 USD Million [+]
Indonesia 1131.60 Mar/15 662.70 4641.92 -2329.13 USD Million [+]
Italy 3537.91 Feb/15 232.00 6923.00 -6389.30 EUR Million [+]
Japan 229.26 Mar/15 -425.00 1608.67 -2795.04 JPY Billion [+]
Mexico 479.80 Mar/15 558.30 1710.25 -3292.30 USD Million [+]
Netherlands 6009.00 Feb/15 4657.10 6009.00 -907.60 EUR Million [+]
Russia 13600.00 Mar/15 13597.00 20356.00 -185.00 USD Million [+]
South Korea 8488.00 Apr/15 8380.51 8488.00 -4043.45 USD Million [+]
Spain -2037200.00 Feb/15 -2596200.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 2525.00 Mar/15 2316.16 3894.91 -1478.68 CHF million [+]
Turkey -6150.00 Mar/15 -4655.64 24.51 -10453.06 USD Million [+]
United Kingdom -2859.00 Feb/15 -1536.00 2946.00 -5397.00 GBP Million [+]
United States -35444.00 Feb/15 -42676.00 1946.00 -67823.00 USD Million [+]