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 2019, Australia's trade balance was $4,871 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)
1/04/2019 4,871 6,018
1/03/2019 4,887 5,590
1/02/2019 5,017 5,049
1/01/2019 4,498 4,404
1/12/2018 3,873 3,723
1/11/2018 2,621 3,109
1/10/2018 2,424 2,653
1/09/2018 2,691 2,348
1/08/2018 2,286 2,108
1/07/2018 1,704 1,829
1/06/2018 2,024 1,608
1/05/2018 846 1,415
1/04/2018 774 1,211
1/03/2018 1,120 959
1/02/2018 1,661 662
1/01/2018 1,119 371
1/12/2017 -1,828 138
1/11/2017 56 17
1/10/2017 180 46
1/09/2017 938 231
1/08/2017 484 498
1/07/2017 211 811
1/06/2017 1,166 1,076
1/05/2017 1,949 1,374
1/04/2017 -368 1,855
1/03/2017 2,349 2,383
1/02/2017 3,208 2,773
1/01/2017 1,405 2,821
1/12/2016 4,621 2,449
1/11/2016 2,123 1,663
1/10/2016 -995 580
1/09/2016 -499 -546
1/08/2016 -1,824 -1,460
1/07/2016 -1,943 -2,038
1/06/2016 -3,126 -2,285
1/05/2016 -2,137 -2,345
1/04/2016 -1,999 -2,475
1/03/2016 -2,622 -2,724
1/02/2016 -3,042 -3,032
1/01/2016 -3,287 -3,345
1/12/2015 -4,148 -3,539
1/11/2015 -3,969 -3,567
1/10/2015 -3,540 -3,435
1/09/2015 -2,963 -3,307
1/08/2015 -3,004 -3,284
1/07/2015 -3,124 -3,349
1/06/2015 -3,598 -3,399
1/05/2015 -3,376 -3,277
1/04/2015 -4,278 -2,922
Last Updated: 7 June 2019

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