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

Australia recorded a trade deficit of 1322 AUD Million in March of 2015. Balance of Trade in Australia averaged -507.51 AUD Million from 1971 until 2015, reaching an all time high of 2254 AUD Million in February of 2009 and a record low of -3877 AUD Million in February of 2008. Balance of Trade in Australia is reported by the Australian Bureau of Statistic.

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Australia Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
-1322.00 -1609.00 2254.00 -3877.00 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 Thursday, May 28, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-03-05 12:30 AM Jan A$-0.98B A$-0.503B (R) A$-0.95B A$ -0.6B
2015-04-02 01:30 AM Feb A$-1.26B A$-1.00B (R) A$-1.3B A$ -0.6B
2015-05-05 02:30 AM Mar A$-1.32B A$-1.07B (R) A$ -1.0B A$ -0.7B
2015-06-04 02:30 AM Apr A$-1.32B A$ -0.7B
2015-07-02 02:30 AM May A$ -0.7B
2015-08-05 02:30 AM Jun A$ -0.8B


Australia Trade Deficit Narrows in March


Australia reported a trade gap of $1.32 billion in March 2015, a decrease of 18 percent from a revised $1.60 billion deficit in February 2015 as exports and imports fell at the similar pace.

Between February and March 2015, in seasonally adjusted terms, exports of goods and services fell $415 million (-2 percent) to $27,217 million. Non-rural goods fell $393 million (-2 percent) and non-monetary gold rose $18 million (1 percent). Rural goods fell $81 million (-2 percent) and net exports of goods under merchanting remained steady at  $34 million. Services credits rose $42 million (1 percent).

Between February and March 2015, imports fell $702 million (-2 percent) to $28,539 million. Intermediate and other merchandise goods fell $385 million (-4 percent), capital goods fell $238 million (-4 percent) and consumption goods fell $208 million (-3 percent). Non-monetary gold rose $14 million (4 percent). Services debits rose $115 million (2 percent).

ABS l Rida Husna l rida@tradingeconomics.com
5/5/2015 3:13:19 AM


Recent Releases

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. Published on 2015-04-02

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 Trade Last Previous Highest Lowest Unit
Balance of Trade -1322.00 -1609.00 2254.00 -3877.00 AUD Million [+]
Exports 27217.00 27632.00 29229.00 435.00 AUD Million [+]
Imports 28539.00 29241.00 29241.00 396.00 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 57525.00 56183.00 57932.00 -37050.00 AUD Million [+]
Capital Flows 11552.00 14747.00 21907.00 -375.00 AUD Million [+]
Tourist Arrivals 671600.00 715200.00 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 -1322.00 Mar/15 -1609.00 2254.00 -3877.00 AUD Million [+]
Brazil 491.00 Apr/15 458.00 5659.37 -4058.14 USD Million [+]
Canada -3019.00 Mar/15 -2215.00 8524.80 -3019.00 CAD Million [+]
China 341.34 Apr/15 30.81 606.19 -319.71 USD Hundred Million [+]
Euro Area 23372.90 Mar/15 20300.00 24009.80 -16638.00 EUR Million [+]
France -4575.00 Mar/15 -3623.00 2674.00 -7086.00 EUR Million [+]
Germany 23000.00 Mar/15 19515.32 23500.00 -535.91 EUR Million [+]
India -10990.00 Apr/15 -11790.00 258.90 -20210.90 USD Million [+]
Indonesia 454.40 Apr/15 1025.60 4641.92 -2329.13 USD Million [+]
Italy 4060.39 Mar/15 3537.91 6923.00 -6389.30 EUR Million [+]
Japan -53.44 Apr/15 227.43 1608.67 -2795.04 JPY Billion [+]
Mexico -85.30 Apr/15 479.80 1710.25 -3292.30 USD Million [+]
Netherlands 5401.00 Mar/15 6329.20 6329.20 -907.60 EUR Million [+]
Russia 14981.00 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 -890600.00 Mar/15 -2037200.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 2525.00 Mar/15 2316.16 3894.91 -1478.68 CHF million [+]
Turkey -6153.67 Mar/15 -4655.64 24.51 -10453.06 USD Million [+]
United Kingdom -2817.00 Mar/15 -3318.00 2946.00 -5397.00 GBP Million [+]
United States -51367.00 Mar/15 -35892.00 1946.00 -67823.00 USD Million [+]