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

Australia reported a trade gap of AUD2.16 billion in March of 2016, a decrease of 29.0 percent from a downwardly revised AUD3.04 billion deficit in February and below market expectations. It is the smallest trade deficit since March 2015 as exports rose 4.0 percent to AUD26.53 billion while imports increased by 1.0 percent to AUD28.69 billion. Balance of Trade in Australia averaged -571.03 AUD Million from 1971 until 2016, reaching an all time high of 2232 AUD Million in February of 2009 and a record low of -4212 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
-2163.00 -3044.00 2232.00 -4212.00 1971 - 2016 AUD Million Monthly
SA
In 2010 and 2011, Australia reported consistent trade surpluses due to high prices of commodities. However, from 2012 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. 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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-03 12:30 AM Jan A$-2.94B A$-3.52B A$-3.1B A$-3.2B
2016-04-05 01:30 AM Feb A$-3.41B A$-3.16B A$-2.6B A$-3.2B
2016-05-05 01:30 AM Mar A$-2.16B A$-3.04B A$-2.9B A$-3.3B
2016-06-02 01:30 AM Apr A$-2.16B A$-2B
2016-07-05 01:30 AM May A$-2.1B
2016-08-04 01:30 AM Jun A$-2.2B

Australia Posts Smallest Trade Deficit in A Year


Australia reported a trade gap of AUD2.16 billion in March of 2016, a decrease of 29.0 percent from a downwardly revised AUD3.04 billion deficit in February and below market expectations. It is the smallest trade deficit since March 2015 as exports rose more than imports.

Between February and March 2016, in seasonally adjusted terms, goods and services credits rose AUD1,084 million (+4 percent) to AUD26,529 million. Non-monetary gold rose AUD659 million (+58 percent) and non-rural goods rose AUD356 million (+2 percent). Rural goods fell AUD85 million (-2 percent) and net exports of goods under merchanting fell AUD1 million (-3 percent). Services credits rose AUD155 million (+3 percent).

Goods and services debits rose AUD203 million (+1 percent) to AUD28,692 million. Non-monetary gold rose AUD122 million (+33 percent), capital goods rose AUD94 million (+2 percent) and intermediate and other merchandise goods rose AUD50 million (+1 percent). Consumption goods fell AUD177 million (-2 percent). Services debits rose AUD114 million (+2 percent).

ABS l Rida Husna | rida@tradingeconomics.com
5/5/2016 3:15:33 AM

Australia Trade Last Previous Highest Lowest Unit
Balance of Trade -2163.00 -3044.00 2232.00 -4212.00 AUD Million [+]
Exports 26529.00 25445.00 29257.00 435.00 AUD Million [+]
Imports 28692.00 28489.00 30262.00 396.00 AUD Million [+]
Current Account -21106.00 -18848.00 295.00 -21106.00 AUD Million [+]
Current Account to GDP -4.60 -3.00 1.40 -6.70 percent [+]
External Debt 1911243.00 1907269.00 1911243.00 147312.00 AUD Million [+]
Terms of Trade 80.60 83.30 118.50 49.30 Index Points [+]
Foreign Direct Investment 29636.00 57525.00 57932.00 -37050.00 AUD Million [+]
Capital Flows 20866.00 18753.00 21907.00 -375.00 AUD Million [+]
Tourist Arrivals 754600.00 796700.00 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 [+]




Last
Afghanistan -7159.00 Dec/15
Albania -27150.00 Mar/16
Algeria -1270.00 Sep/15
Angola 3771.96 Sep/15
Argentina 332.00 Apr/16
Armenia -318.80 Apr/16
Aruba -491.66 Sep/15
Australia -2163.00 Mar/16
Austria -544.00 Feb/16
Azerbaijan 509849.00 Dec/15
Bahamas -514.90 Dec/15
Bahrain 3441.00 Dec/14
Bangladesh -48.12 Feb/16
Barbados -254822.00 Dec/15
Belarus -293.60 Mar/16
Belgium 2055.90 Mar/16
Belize -138.70 Feb/16
Benin -311.87 Dec/15
Bhutan -26021.60 Dec/15
Bolivia -355.90 Dec/15
Bosnia and Herzegovina -404.87 Apr/16
Botswana 549.30 Feb/16
Brazil 4860.00 Apr/16
Brunei 307.80 Mar/16
Bulgaria -289.30 Mar/16
Burkina Faso -49.00 Sep/14
Burundi -52214.90 Dec/15
Cambodia -786.30 Jan/16
Cameroon -1054.40 Dec/13
Canada -3414.00 Mar/16
Cape Verde -4178.80 Mar/16
Cayman Islands -791.40 Dec/14
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile 556.00 Apr/16
China 455.62 Apr/16
Colombia -1.29 Mar/16
Comoros -73294.00 Dec/14
Congo 1001.80 Dec/14
Costa Rica -464.40 Apr/16
Croatia -5528.98 Mar/16
Cuba -7926.60 Dec/14
Cyprus -264946.00 Mar/16
Czech Republic 53900.00 Mar/16
Denmark 8108.60 Mar/16
Djibouti -119840.00 Dec/14
Dominican Republic -688.50 Dec/15
East Timor -49370.69 Mar/16
Ecuador 18691.00 Mar/16
Egypt -2258.00 Mar/16
El Salvador -322.60 Mar/16
Equatorial Guinea 2723.70 Dec/10
Eritrea -149.00 Dec/12
Estonia -172.33 Mar/16
Ethiopia -3557.70 Dec/15
Euro Area 28644.00 Mar/16
European Union 7202.30 Mar/16
Fiji -185801.00 Nov/15
Finland -265.00 Mar/16
France -4368.00 Mar/16
Gabon 3711.95 Dec/13
Gambia -2269.53 Dec/14
Georgia -821.90 Apr/16
Germany 26000.00 Mar/16
Ghana -1226.00 Sep/15
Greece -1535.24 Mar/16
Guatemala -405.70 Mar/16
Guinea -103.83 Jun/13
Guinea Bissau -23.80 Dec/14
Guyana -77.30 Sep/15
Haiti -160.26 Jul/15
Honduras -465.70 Dec/15
Hong Kong -31027.00 Apr/16
Hungary 300000.00 Mar/16
Iceland -6600.00 Apr/16
India -4840.00 Apr/16
Indonesia 670.00 Apr/16
Iran 4258.00 Dec/15
Iraq 38780.80 Dec/14
Ireland 4106000.00 Mar/16
Israel -950.30 Apr/16
Italy 5360.00 Mar/16
Ivory Coast 890.60 Dec/14
Jamaica -779000.00 Sep/15
Japan 823.47 Apr/16
Jordan -741181.00 Feb/16
Kazakhstan 784.90 Mar/16
Kenya -60391.09 Mar/16
Kosovo -209942.00 Mar/16
Kuwait 1049.00 Dec/15
Kyrgyzstan -216.90 Mar/16
Laos -488.34 Sep/15
Latvia -192.00 Mar/16
Lebanon -1529.88 Mar/16
Lesotho -2961.47 Dec/15
Liberia -78.20 Feb/16
Libya -17675.60 Dec/14
Liechtenstein 371580.00 Mar/16
Lithuania -228.70 Mar/16
Luxembourg -0.44 Mar/16
Macau -4479038.32 Mar/16
Macedonia -193229.00 Mar/16
Madagascar -30435.00 Dec/15
Malawi -31524.80 Sep/15
Malaysia 11192.61 Mar/16
Maldives -133.30 Feb/16
Mali -100.60 Mar/15
Malta -177981.00 Mar/16
Mauritania -24.89 Dec/15
Mauritius -4607.00 Feb/16
Mexico -2079.60 Apr/16
Moldova -233.00 Mar/16
Monaco -22.60 Dec/15
Mongolia 124.70 Apr/16
Montenegro -155940.00 Apr/16
Morocco -15231.00 Apr/16
Mozambique -1274.70 Sep/15
Myanmar -72.20 Sep/15
Namibia -8322.34 Dec/15
Nepal -58541.90 Dec/15
Netherlands 5017.00 Mar/16
New Caledonia -9528.00 Feb/16
New Zealand 292.00 Apr/16
Nicaragua -225.70 Feb/16
Niger -441985.00 Sep/15
Nigeria 26385.50 Dec/15
North Korea -476.67 Dec/15
Norway 10602.00 Apr/16
Oman -45.20 Dec/15
Pakistan -225061.00 Apr/16
Palestine -326.70 Mar/16
Panama -950888.00 Mar/16
Papua New Guinea 4191.00 Sep/15
Paraguay 125672.34 Apr/16
Peru -45.00 Mar/16
Philippines -1747000.00 Mar/16
Poland 204.00 Mar/16
Portugal -1039.99 Mar/16
Puerto Rico 2054.10 Dec/15
Qatar 7409.00 Feb/16
Republic of the Congo 4092.35 Dec/10
Romania -973.90 Mar/16
Russia 7712.00 Mar/16
Rwanda -150.29 Dec/15
Sao Tome and Principe -24.59 Mar/16
Saudi Arabia 22467.00 Dec/15
Senegal -94.80 Mar/16
Serbia -406.80 Mar/16
Seychelles -31.02 Mar/16
Sierra Leone -89.75 Mar/15
Singapore 5843.00 Apr/16
Slovakia 308.00 Mar/16
Slovenia 133.87 Mar/16
Somalia -1281.56 Dec/14
South Africa 2915.79 Mar/16
South Korea 8800.00 Apr/16
South Sudan -3492.00 Dec/14
Spain -795890.00 Mar/16
Sri Lanka -695.00 Jan/16
Sudan -921327.00 Dec/15
Suriname -103.40 Dec/15
Swaziland 1217.38 Dec/15
Sweden 4400.00 Apr/16
Switzerland 2504.00 Apr/16
Syria 9394.50 Dec/10
Taiwan 4802.67 Apr/16
Tajikistan -169.20 Mar/16
Tanzania 19.70 Feb/16
Thailand 721.35 Apr/16
Togo -68.29 Dec/14
Trinidad and Tobago 339.40 Sep/15
Tunisia -1578.70 Apr/16
Turkey -4950.00 Mar/16
Turkmenistan 2431.94 Dec/14
Uganda -164.60 Mar/16
Ukraine -230.30 Mar/16
United Arab Emirates 328300.00 Dec/15
United Kingdom -3830.00 Mar/16
United States -40440.00 Mar/16
Uruguay -123578.00 Mar/16
Uzbekistan 455.00 Dec/15
Venezuela -782.00 Sep/15
Vietnam 280.00 Apr/16
Yemen -2914.30 Dec/13
Zambia -800.90 Mar/16
Zimbabwe -290.99 Dec/14