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Australia Records Trade Surplus In August, Imports & Exports Fall

AUSTRALIA

The Australian Bureau of Statistics released preliminary trade data for the month of August. Key statistics:

  • Exports of goods in August 2020 declined from the revised July 2020 estimate of $28,935m by $616m (-2%) to $28,319m.
  • Imports of goods in August 2020 declined from the revised July 2020 estimate of $25,811m by $1,785m (-7%) to $24,026m.
  • While both exports and imports declined in August 2020 a goods trade surplus of $4,294m (original, current price, merchandise trade basis) has been recorded.
  • Click here to access the full release.
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