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 June 2018, Australia's trade balance was $1,873 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)
1/06/2018 1,873 1,428
1/05/2018 725 1,242
1/04/2018 594 1,062
1/03/2018 1,058 833
1/02/2018 1,230 535
1/01/2018 1,069 240
1/12/2017 -1,767 27
1/11/2017 -77 -66
1/10/2017 -7 -12
1/09/2017 1,000 193
1/08/2017 381 485
1/07/2017 430 829
1/06/2017 961 1,136
1/05/2017 2,169 1,471
1/04/2017 -285 1,967
1/03/2017 2,574 2,487
1/02/2017 3,167 2,844
1/01/2017 1,570 2,838
1/12/2016 4,529 2,409
1/11/2016 1,911 1,582
1/10/2016 -1,032 496
1/09/2016 -583 -607
1/08/2016 -1,828 -1,478
1/07/2016 -1,922 -2,014
1/06/2016 -3,007 -2,231
1/05/2016 -2,069 -2,280
1/04/2016 -2,012 -2,409
1/03/2016 -2,482 -2,666
1/02/2016 -3,107 -2,998
1/01/2016 -3,195 -3,339
1/12/2015 -4,110 -3,555
1/11/2015 -4,038 -3,596
1/10/2015 -3,735 -3,464
1/09/2015 -2,913 -3,323
1/08/2015 -2,908 -3,278
1/07/2015 -3,084 -3,321
1/06/2015 -3,629 -3,357
1/05/2015 -3,327 -3,236
1/04/2015 -4,181 -2,889
1/03/2015 -1,928 -2,361
1/02/2015 -1,459 -1,824
1/01/2015 -1,034 -1,458
1/12/2014 -814 -1,342
1/11/2014 -2,088 -1,425
1/10/2014 -1,439 -1,588
1/09/2014 -2,406 -1,733
1/08/2014 -1,316 -1,759
1/07/2014 -1,386 -1,636
1/06/2014 -1,276 -1,332
Last Updated: 2 August 2018

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