Australia’s trade balance

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 April 2018, Australia's trade balance was $977 million.

Australia’s trade balance over time

The graph below shows the variation in Australia's monthly trade balance over the past few years.

We calculate two different values for trade balance:

  • seasonally adjusted (sa), which means monthly data is adjusted to account for events such as Christmas, Easter and Chinese New Year.
  • trend, which means the data is smoothed to more clearly highlight changes over time.
Chart showing data from the table below.
View larger image.

The table below shows the value of Australia's trade balance at the start of each month.

Trade balance, seasonally-adjusted and as a trend, A$ million
Date

Balance on goods and services
(seasonally-adjusted)

Balance on goods and services
(as a trend)
1/03/2018 1527 1112
1/02/2018 1349 795
1/01/2018 1159 476
1/12/2017 -1639 225
1/11/2017 187 93
1/10/2017 135 107
1/09/2017 1085 269
1/08/2017 357 525
1/07/2017 411 833
1/06/2017 964 1118
1/05/2017 2037 1451
1/04/2017 -178 1950
1/03/2017 2407 2463
1/02/2017 3110 2800
1/01/2017 1572 2772
1/12/2016 4524 2332
1/11/2016 2201 1511
1/10/2016 -1083 440
1/09/2016 -567 -641
1/08/2016 -1769 -1497
1/07/2016 -1916 -2022
1/06/2016 -3104 -2239
1/05/2016 -2147 -2289
1/04/2016 -1862 -2425
1/03/2016 -2632 -2699
1/02/2016 -3128 -3061
1/01/2016 -3223 -3439
1/12/2015 -4130 -3687
1/11/2015 -3761 -3736
1/10/2015 -3785 -3583
1/09/2015 -2881 -3403
1/08/2015 -2938 -3316
1/07/2015 -3111 -3326
1/06/2015 -3558 -3353
1/05/2015 -3409 -3245
1/04/2015 -4192 -2916
1/03/2015 -1944 -2390
1/02/2015 -1490 -1846
1/01/2015 -1109 -1465
1/12/2014 -784 -1331
1/11/2014 -1975 -1399
1/10/2014 -1453 -1560
1/09/2014 -2381 -1711
1/08/2014 -1297 -1752
1/07/2014 -1431 -1645
1/06/2014 -1242 -1353
1/05/2014 -1688 -872
1/04/2014 -781 -287
1/03/2014 566 259
Last Updated: 7 May 2018

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