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

Australia reported a trade gap of AUD 3.54 billion in December of 2015, an increase of 30 percent from a downwardly revised AUD 2.73 billion deficit in a month earlier and missing market expectations. It is the largest deficit since June last year as exports fell more than imports. Balance of Trade in Australia averaged -553.47 AUD Million from 1971 until 2015, reaching an all time high of 2221 AUD Million in February of 2009 and a record low of -4103 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
-3535.00 -2727.00 2221.00 -4103.00 1971 - 2015 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 February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-12-03 12:30 AM Oct A$-3.30B A$-2.40B A$-2.665B A$-2.5B
2016-01-07 12:30 AM Nov AS-2.90B A$-3.25B A$-3.1B A$-3B
2016-02-03 12:30 AM Dec A$-3.535B A$-2.73B A$-2.5B A$-2.3B
2016-03-03 12:30 AM Jan A$-3.535B -3.2B
2016-04-05 12:30 AM Feb -3.3B
2016-05-05 01:30 AM Mar -3.2B

Australia Trade Deficit Largest in 6 Months in December


Australia reported a trade gap of AUD 3.54 billion in December of 2015, an increase of 30 percent from a downwardly revised AUD 2.73 billion deficit in a month earlier and missing market expectations. It is the largest deficit since June, as exports fell more than imports.

Between November and December 2015, in seasonally adjusted terms, goods and services exports fell AUD 1,243 million (-5 percent) to AUD 25,247 million. Non-rural goods fell AUD 1,078 million (-7 percent) and rural goods fell AUD 392 million (-9 percent). Non-monetary gold rose AUD 121 million (+10 percent). Net exports of goods under merchanting remained steady at AUD 14 million. Services credits rose AUD 108 million (+2 percent).

Goods and services imports fell AUD 434 million (-1 percent) to AUD 28,782 million. Intermediate and other merchandise goods fell AUD 399 million (-4 percent), capital goods fell AUD 176 million (-3 percent) and consumption goods fell AUD 57 million (-1 percent). Non-monetary gold rose AUD 108 million (+39 percent). Services debits rose AUD 89 million (+1 percent).

From January to December 2015, the country posted a non-seasonally adjusted AUD 33.5 billion trade deficit, an increase of 239 percent from a AUD 9.9 billion gap recorded in 2014.

ABS | Rida Husna | rida@tradingeconomics.com
2/3/2016 11:23:35 AM

Australia Trade Last Previous Highest Lowest Unit
Balance of Trade -3535.00 -2727.00 2221.00 -4103.00 AUD Million [+]
Exports 25247.00 26490.00 29278.00 435.00 AUD Million [+]
Imports 28782.00 29216.00 30059.00 396.00 AUD Million [+]
Current Account -18104.00 -20506.00 295.00 -20882.00 AUD Million [+]
Current Account to GDP -2.80 -3.30 1.40 -6.70 percent [+]
External Debt 1907269.00 1815720.00 1907269.00 147312.00 AUD Million [+]
Terms of Trade 83.30 82.60 118.50 49.30 Index Points [+]
Foreign Direct Investment 57525.00 56183.00 57932.00 -37050.00 AUD Million [+]
Capital Flows 18753.00 15552.00 21907.00 -375.00 AUD Million [+]
Tourist Arrivals 668900.00 624000.00 806700.00 30100.00 [+]
Gold Reserves 79.85 79.84 79.85 79.69 Tonnes [+]
Crude Oil Production 301.00 258.00 781.00 258.00 BBL/D/1K [+]
Terrorism Index 3.11 0.22 3.11 0.01 [+]




Last
Afghanistan -8209.00 Dec/14
Albania -35120.80 Dec/15
Algeria -1270.00 Sep/15
Angola 1424.72 Mar/15
Argentina 254.00 Oct/15
Armenia -194.00 Dec/15
Aruba -491.66 Sep/15
Australia -3535.00 Dec/15
Austria 457.10 Nov/15
Azerbaijan 1544479.00 Sep/15
Bahamas -515.40 Sep/15
Bahrain 3441.00 Dec/14
Bangladesh -74.86 Nov/15
Barbados -212322.22 Jun/15
Belarus -427.50 Dec/15
Belgium 1956.90 Nov/15
Belize -159.67 Dec/15
Benin -167.71 Jun/15
Bhutan -26021.60 Dec/15
Bolivia -72.90 Sep/15
Bosnia and Herzegovina -401.08 Dec/15
Botswana -1998.20 Nov/15
Brazil 923.00 Jan/16
Brunei 308.00 Nov/15
Bulgaria -458.50 Dec/15
Burkina Faso -49.00 Sep/14
Burundi -61284.10 Sep/15
Cambodia -746.40 Jan/16
Cameroon -1054.40 Dec/13
Canada -584.90 Dec/15
Cape Verde -4129.20 Dec/15
Cayman Islands -791.40 Dec/14
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile 685.00 Jan/16
China 600.93 Dec/15
Colombia -1.69 Nov/15
Comoros -73294.00 Dec/14
Congo 1001.80 Dec/14
Costa Rica -478.00 Dec/15
Croatia -3846.50 Dec/15
Cuba -7926.60 Dec/14
Cyprus -318952.00 Dec/15
Czech Republic 17000.00 Dec/15
Denmark 1927.30 Dec/15
Djibouti -119840.00 Dec/14
Dominican Republic -644.90 Sep/15
East Timor -95227.12 Nov/15
Ecuador -137235.00 Dec/15
Egypt -3397.00 Nov/15
El Salvador -431.10 Dec/15
Equatorial Guinea 2723.70 Dec/10
Eritrea -149.00 Dec/12
Estonia -160.52 Dec/15
Ethiopia -3413.10 Jun/15
Euro Area 23618.10 Nov/15
European Union 5862.70 Nov/15
Fiji -181343.00 Oct/15
Finland -340.00 Dec/15
France -3943.00 Dec/15
Gabon 3711.95 Dec/13
Gambia -2269.53 Dec/14
Georgia -665.00 Dec/15
Germany 18800.00 Dec/15
Ghana -1226.00 Sep/15
Greece -1563.50 Dec/15
Guatemala -540.40 Dec/15
Guinea -103.83 Jun/13
Guinea Bissau -32.30 Dec/14
Guyana -77.30 Sep/15
Haiti -160.26 Jul/15
Honduras -486.20 Nov/15
Hong Kong -45706.00 Dec/15
Hungary 201400.00 Dec/15
Iceland -1200.00 Jan/16
India -11664.00 Dec/15
Indonesia -40.00 Jan/16
Iran -2405.00 Dec/14
Iraq 38780.80 Dec/14
Ireland 3378800.00 Nov/15
Israel -248.60 Jan/16
Italy 4409.43 Nov/15
Ivory Coast 757.00 Dec/13
Jamaica -779000.00 Sep/15
Japan 140.20 Dec/15
Jordan -756171.10 Nov/15
Kazakhstan 1198.40 Nov/15
Kenya -114283.00 Nov/15
Kosovo -230094.00 Dec/15
Kuwait 1836.10 Sep/15
Kyrgyzstan -237.90 Nov/15
Laos -488.34 Sep/15
Latvia -155.50 Dec/15
Lebanon -1604.94 Dec/15
Lesotho -2384.00 Sep/15
Liberia -88.50 Sep/15
Libya -17675.60 Dec/14
Liechtenstein 315120.00 Sep/15
Lithuania -210.50 Dec/15
Luxembourg -0.38 Nov/15
Macau -6083788.93 Dec/15
Macedonia -228611.00 Dec/15
Madagascar -30435.00 Dec/16
Malawi -57415.30 Mar/15
Malaysia 7990.00 Dec/15
Maldives -137.10 Nov/15
Mali -100.60 Mar/15
Malta -149486.00 Dec/15
Mauritania -268.39 Sep/15
Mauritius -7798.00 Nov/15
Mexico -927.00 Dec/15
Moldova -189.10 Dec/15
Monaco -86.40 Sep/15
Mongolia 18.00 Nov/15
Montenegro -124400.00 Dec/15
Morocco -9053.00 Sep/15
Mozambique -1274.70 Sep/15
Myanmar -942.70 Jan/16
Namibia -9830.66 Sep/15
Nepal -76499.00 Jun/15
Netherlands 3111.00 Dec/15
New Caledonia -11456.00 Dec/15
New Zealand -52.62 Dec/15
Nicaragua -369.80 Nov/15
Niger -441985.00 Sep/15
Nigeria 197187.70 Sep/15
North Korea -695.83 Dec/14
Norway 18114.00 Dec/15
Oman 284.70 Jul/15
Pakistan -182150.00 Jan/16
Palestine -335.30 Nov/15
Panama -912393.10 Nov/15
Papua New Guinea 4191.00 Sep/15
Paraguay -4863.84 Jan/16
Peru 210.00 Dec/15
Philippines -976870.00 Nov/15
Poland 373.00 Dec/15
Portugal -1128.00 Dec/15
Puerto Rico 2916.00 Sep/16
Qatar 9305.00 Dec/15
Republic of the Congo 4092.35 Dec/10
Romania -1174.90 Dec/15
Russia 10980.00 Dec/15
Rwanda -149.04 Nov/15
Sao Tome and Principe -31.85 Sep/15
Saudi Arabia 44465.00 Sep/15
Senegal -170.26 Nov/15
Serbia -541.50 Dec/15
Seychelles -46.86 Dec/15
Sierra Leone -89.75 Mar/15
Singapore 5158.30 Dec/15
Slovakia -16.30 Dec/15
Slovenia -63.90 Dec/15
Somalia -1281.56 Dec/14
South Africa 8221.07 Dec/15
South Korea 5362.41 Jan/16
South Sudan -4987.00 Dec/13
Spain -1850000.00 Nov/15
Sri Lanka -629.70 Nov/15
Sudan -661598.00 Sep/15
Suriname -130.90 Sep/15
Swaziland 1098.48 Mar/15
Sweden 4700.00 Dec/15
Switzerland 2544.00 Dec/15
Syria 9394.50 Dec/10
Taiwan 135991.00 Dec/15
Tajikistan -214.60 Dec/15
Tanzania 207.70 Nov/15
Thailand 1490.00 Dec/15
Togo -68.29 Dec/14
Trinidad and Tobago 460.40 Jun/15
Tunisia -507.20 Jan/16
Turkey -6182.60 Dec/15
Turkmenistan 2431.94 Dec/14
Uganda -216.70 Dec/15
Ukraine -131.50 Nov/15
United Arab Emirates 480600.00 Dec/14
United Kingdom -2709.00 Dec/15
United States -43357.00 Dec/15
Uruguay -138249.00 Dec/15
Uzbekistan 168.00 Mar/15
Venezuela -782.00 Sep/15
Vietnam -200.00 Jan/16
Yemen -2914.30 Dec/13
Zambia 1226.10 Nov/15
Zimbabwe -290.99 Dec/14