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

Australia recorded a trade deficit of 925 AUD Million in November of 2014. Balance of Trade in Australia averaged -504.79 AUD Million from 1971 until 2014, reaching an all time high of 2219 AUD Million in February of 2009 and a record low of -3897 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
-925.00 -877.00 2219.00 -3897.00 1971 - 2014 AUD Million Monthly
In 2010 and 2011 Australia reported consistent trade surpluses due to high price of commodities. However in 2012, the trade balance is back in deficit due to sharp in value of exports and rising capital imports. Metals, coal and oil and natural gas account for 54 percent of total exports. Australia is a major importer of machinery and transport equipment, computers and office machines and telecommunication lasers. Australia’s main trading partners are: China (27 percent of total exports and 15 percent of total imports), Japan (17 percent of exports and 8 percent of imports), the United States (5 percent of exports and 13 percent of imports), South Korea, Singapore, the United Kingdom and New Zealand. 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 Sunday, February 1, 2015.


Australia's Trade Gap Widens in November


Australia reported a trade deficit of $925m in November 2014, an increase of 5 percent compared to the previous month, as both exports and imports rose by 1 percent.

In seasonally adjusted terms, exports rose $160m (1%) to $27,085m. Non-rural goods shipments rose $486m (3%) with other mineral fuels up $529m (21%) and machinery up $101m (13%). Rural goods exports rose $179m (6%) with cereal grains and cereal preparations up $143m (27%). Non-monetary gold fell $519m (38%). Net exports of goods under merchanting remained steady at $43m. Service credits rose $14m.


Imports rose $208m (1%) to $28,010m. Intermediate and other merchandise goods rose $224m (2%) and consumption goods rose $131m (2%). Non-monetary gold fell $90m (27%) and capital goods fell $78m (1%). Service debits rose $20m.

ABS | anna@tradingeconomics.com
1/6/2015 12:54:49 AM


Recent Releases

Australia's Trade Deficit Narrows in October
Australian trade gap declined to $1,323m in October 2014, a decrease of $912m (41%) on the deficit in September 2014 as exports rose and imports dropped. Published on 2014-12-04

Australia Trade Deficit Widens in September
Australian trade gap increased sharply to AUD 2261 million in September of 2014 from a revised AUD 1013 million gap a month earlier, as growth in imports far exceeded the pace of exports. The shortfall came in far above market forecasts, reaching the highest since November of 2012. Published on 2014-11-04


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-11-04 12:30 AM
Balance of Trade  Sep
A$ -2261M A$-1013M (R) A$ -1950M A$ -986M
2014-12-04 12:30 AM
Balance of Trade  Oct
A$-1.323B A$ -2235M (R) A$ -1900M A$ -938.9M
2015-01-06 12:30 AM
Balance of Trade  Nov
A$-0.925B A$-0.877B (R) A$ -1.59B A$ -1.5B
2015-02-03 12:30 AM
Balance of Trade  Dec
A$-0.925B A$ -0.775B A$ -0.9B
2015-03-05 12:30 AM
Balance of Trade  Jan
A$ -0.9B
2015-04-02 01:30 AM
Balance of Trade  Feb
A$ -0.9B


Australia Trade Last Previous Highest Lowest Unit
Balance of Trade -925.00 -877.00 2219.00 -3897.00 AUD Million [+]
Exports 27085.00 26925.00 29288.00 435.00 AUD Million [+]
Imports 28010.00 27802.00 28718.00 396.00 AUD Million [+]
Current Account -12525.00 -13948.00 295.00 -20882.00 AUD Million [+]
Current Account to GDP -2.90 -4.10 1.40 -6.70 percent [+]
External Debt 1612746.00 1577168.00 1612746.00 147312.00 AUD Million [+]
Terms of Trade 89.50 92.80 118.50 49.30 Index Points [+]
Foreign Direct Investment 52667.00 55596.00 57932.00 -37050.00 AUD Million [+]
Capital Flows 15133.00 10659.00 21907.00 -375.00 AUD Million [+]
Tourist Arrivals 517500.00 538800.00 785200.00 30100.00 [+]
Gold Reserves 79.85 79.85 79.85 79.69 Tonnes [+]
Crude Oil Production 338.00 350.00 781.00 282.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -925.00 Nov/14 -877.00 2219.00 -3897.00 AUD Million [+]
Brazil 293.00 Dec/14 -2350.52 5659.37 -4058.14 USD Million [+]
Canada -644.30 Nov/14 -327.00 8524.80 -2902.90 CAD Million [+]
China 496.13 Dec/14 544.76 544.76 -319.71 USD Hundred Million [+]
Euro Area 19954.00 Nov/14 23646.00 23646.00 -16638.00 EUR Million [+]
France -3236.00 Nov/14 -4270.00 2674.00 -7086.00 EUR Million [+]
Germany 17883.46 Nov/14 22100.00 23400.00 -535.91 EUR Million [+]
India -9430.00 Dec/14 -16861.10 258.90 -20210.90 USD Million [+]
Indonesia -425.70 Nov/14 20.00 4641.92 -2329.13 USD Million [+]
Italy 3541.23 Nov/14 5396.00 6923.00 -6389.30 EUR Million [+]
Japan -660.70 Dec/14 -893.52 1608.67 -2795.04 JPY Billion [+]
Mexico 254.00 Dec/14 -1076.36 1710.25 -3292.30 USD Million [+]
Netherlands 5110.00 Nov/14 4849.00 5110.00 -907.60 EUR Million [+]
Russia 13359.00 Nov/14 14222.00 20356.00 -185.00 USD Million [+]
South Korea 5530.00 Jan/15 5510.00 7380.00 -4043.45 USD Million [+]
Spain -1555245.00 Nov/14 -2240060.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3868.33 Nov/14 3226.00 3901.00 -1478.68 CHF million [+]
Turkey -8505.55 Dec/14 -8306.48 24.51 -10453.06 USD Million [+]
United Kingdom -1406.00 Nov/14 -2246.00 2946.00 -5397.00 GBP Million [+]
United States -39001.00 Nov/14 -42249.00 1946.00 -67823.00 USD Million [+]