Australian trade balance figures
28 Sep 2019 Australia Trade: These Are The Top Commodity Imports & Exports of $187 billion mean that the country has a positive trade balance of $7.92 billion. All figures based on OEC/IMF 2016 projections unless otherwise stated. 5 Aug 2019 Australia's trade surplus rocketed to a fresh record in June as iron ore billion, data from the Australian Bureau of Statistics showed Tuesday. 5 Aug 2019 Australia's trade balance increased in June to a surplus of $8.03 billion, the four per cent, the Australian Bureau of Statistics said on Tuesday. 4 Jun 2018 EU trade deficit increases while China and Australia remain in surplus a deficit to a surplus in 2013,” international statistics senior manager Australia's trade balance is the difference between what we export and what we import. It is calculated by subtracting the value of the goods and services Australia buys from overseas from the value of the goods and services we sell to other countries. As of December 2019, Australia's trade balance was $5,223 million (seasonally adjusted). Balance of Trade in Australia averaged -365.32 AUD Million from 1971 until 2020, reaching an all time high of 8073 AUD Million in June of 2019 and a record low of -4206 AUD Million in April of 2015. Australia's trade balance – explore the difference between how much we export and import. Trade in goods and services – key statistics on Australia's main exports, imports and trading partners. Trade time series data – detailed, downloadable datasets for more in-depth analysis.
Australia is the 20th largest export economy in the world and the 59th most complex economy according to the Economic Complexity Index (ECI). In 2017, Australia exported $243B and imported $199B, resulting in a positive trade balance of $44B. In 2017 the GDP of Australia was $1.32T and its GDP per capita was $48.5k.
Australia: Trade balance as percent of GDP: For that indicator, The World Bank provides data for Australia from 1960 to 2018. The average value for Australia The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates Note: Trade balance in USD bn. Source: Australia Bureau of Statistics and FocusEconomics calculations. Australia Facts. Value, Change 5 Aug 2019 The Australian Bureau of Statistics reported the trade surplus had jumped 30% to A$8 billion ($5.43 billion) in June, far above forecasts of A$6
Australia is the 20th largest export economy in the world and the 59th most complex economy according to the Economic Complexity Index (ECI). In 2017, Australia exported $243B and imported $199B, resulting in a positive trade balance of $44B. In 2017 the GDP of Australia was $1.32T and its GDP per capita was $48.5k.
Balance on goods and services. In trend terms, the balance on goods and services was a surplus of $7,291m in July 2019, an increase of $284m on the surplus in June 2019. In seasonally adjusted terms, the balance on goods and services was a surplus of $7,268m in July 2019, a decrease of $709m on the surplus in June 2019. This page provides values for Balance of Trade reported in several countries part of Australia. The table has current values for Balance of Trade, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to historical data charts. HISTORICAL DATA. Australia Trade Balance 1960-2019. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars. Australia trade balance for 2017 was $8.57B, a 131.32% decline from 2016. The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.
The statistic shows Australia's trade balance from 2007 to 2017. The trade balance is the value of goods exports minus the value of goods imports. A positive value indicates a trade surplus, a negative value a trade deficit. In 2017, Australia's trade surplus amounted to around 2.49 billion U.S. dollars.
Australia had a total export of 230,163,207.20 in thousands of US$ and total imports of 228,441,736.93 in thousands of US$ leading to a positive trade balance of 1,721,470.27 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Australia is 0.89% and the Most Favored Nation
Australia: Trade balance as percent of GDP: For that indicator, The World Bank provides data for Australia from 1960 to 2018. The average value for Australia
Australia had a total export of 252,775,516.22 in thousands of US$ and total imports of 235,519,140.88 in thousands of US$ leading to a positive trade balance Trade Balance (2018), $17,256,375,344. Exports of goods and services (% of GDP) (2018), 21.8%. Imports of goods and services (% of GDP) (2018), 21.39% Changes in Australia's trade balance have been influenced by the types of the goods and services Australia exports and imports, as well as the prices that are 9 Jan 2020 Australia's trade surplus jumped $1.7 billion in November to $5.8 billion billion, figures released by the Australian Bureau of Statistics show.
International trade statistics including imports and exports, international investment position, balance of payments and foreign currency exposure. International Trade - Australian Bureau of Statistics In 2014, Australia had a trade deficit of 1.4 per cent of GDP, much less than the US and Japan which both ran trade deficits over 3 per cent. It also contrasts with trade surplus countries such as Germany, which had a 6.7 per cent surplus and South Korea, which had a 5.4 per cent surplus.