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Australia Oct Exports +3.0%; Surplus AUD11.2 Bln

AUSTRALIA DATA
MNI (Singapore)
  • In seasonally adjusted terms, the balance on goods and services was a surplus of $11,220m in October 2021, a fall of $604m on the surplus in September 2021.
  • Goods and services credits (exports) fell $1,491m (3%) to $43,053m driven by falls in iron ore prices.
  • Goods and services debits (imports) fell $887m (3%) to $31,833m driven by a fall in imports of capital goods.

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