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Australia April Trade Surplus $10.5 Bln; Exports +1.0%

AUSTRALIA DATA
MNI (Singapore)
  • Australia seasonally adjusted balance on goods and services surplus increased $757m to $10,495m in April.
  • Goods and services credits (exports) rose $479m (1.0%) to $50,378m, driven by rises in exports of Travel and Other mineral fuels.
  • Goods and services debits (imports) fell $278m (0.7%) to $39,883m, driven by a fall in imports of Processed industrial supplies and Non-industrial transport equipment.

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