Australia - Balanza comercial

Australia's trade surplus decreased to AUD 4.50 billion in October 2019 from a downwardly revised AUD 6.85 billion in the previous month and below market consensus of a surplus of AUD 6.1 billion. This was the smallest trade surplus since December last year, as exports slumped 5 percent month-on-month to AUD 40.75 billion, while imports rose 0.4 percent hitting a record high of AUD 36.25 billion. Considering the first ten months of the year, trade surplus surged to AUD 58.64 billion from AUD 16.51 billion in the corresponding period of the prior year.

Australia's trade surplus increased to AUD 7.18 billion in September 2019 from a revised AUD 6.62 billion in the previous month and compared to market consensus of AUD 5.0 billion. Exports hit an-all time high and imports were the second-highest on record. Considering the first nine months of 2019, the trade surplus soared to AUD 54.36 billion from AUD 14.08 billion in the corresponding period the prior year.

Australia's trade surplus narrowed to AUD 5.93 billion in August 2019 from a marginally revised AUD 7.25 billion in the previous month and compared to market estimates of AUD 6 billion surplus. This was the smallest trade surplus since April, as exports declined by 3 percent month-over-month to AUD 40.98 billion, while imports fell 0.4 percent to AUD 35.06 billion. Considering the first eight months of 2019, the trade surplus soared to AUD 46.8 billion from AUD 11.7 billion in the corresponding period the prior year.

Australia's trade surplus narrowed to AUD 7.27 billion in July 2019 from a downwardly revised AUD 7.98 billion in the previous month and below market estimates of a AUD 7.4 billion surplus. Imports increased 3 percent from a month earlier to AUD 35.27 billion, while exports grew at a softer 1 percent to AUD 42.54 billion. Considering the first seven months of 2019, the trade surplus soared to AUD 41.47 billion from AUD 9.18 billion in the corresponding period the prior year.

Australia's trade surplus widened to AUD 8.04 billion in June 2019 from an upwardly revised AUD 6.17 billion in the previous month, easily beating market expectations of AUD 6 billion. It was the largest trade surplus on record, as exports rose by 1 percent to an all-time high of AUD 42.38 billion, while imports fell 4 percent to AUD 35.63 billion. Considering the first half of the year, the trade surplus increased sharply to AUD 34.17 billion from AUD 7.56 billion in the corresponding period of 2018.

Australia's trade surplus widened sharply to AUD 5.75 billion in May 2019 from a marginally revised of AUD 4.82 billion in the previous month and beating market expectations of a surplus of AUD 5.25 billion. It was the largest trade surplus on record, as exports rose by 4 percent to an all-time high of AUD 41.59 billion, while imports advanced at a softer 2 percent to AUD 35.84 billion. Considering the January to May period, the trade surplus soared to AUD 25.70 billion from AUD 5.32 billion in the corresponding period the prior year.