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 September 2019, Australia's trade balance was $7,180 million (seasonally adjusted).

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)
1/09/2019 7,180 7,530
1/08/2019 6,617 7,361
1/07/2019 7,316 7,097
1/06/2019 7,941 6,785
1/05/2019 5,995 6,456
1/04/2019 4,656 6,094
1/03/2019 4,770 5,627
1/02/2019 5,181 5,045
1/01/2019 4,700 4,405
1/12/2018 3,974 3,762
1/11/2018 2,626 3,160
1/10/2018 2,389 2,649
1/09/2018 2,709 2,283
1/08/2018 2,005 2,013
1/07/2018 1,729 1,742
1/06/2018 1,882 1,549
1/05/2018 803 1,394
1/04/2018 971 1,231
1/03/2018 1,079 1,007
1/02/2018 1,660 723
1/01/2018 1,246 427
1/12/2017 -1,760 180
1/11/2017 72 34
1/10/2017 105 40
1/09/2017 1,006 207
1/08/2017 330 462
1/07/2017 247 780
1/06/2017 1,116 1,062
1/05/2017 1,995 1,379
1/04/2017 -373 1,876
1/03/2017 2,428 2,413
1/02/2017 3,230 2,802
1/01/2017 1,422 2,839
1/12/2016 4,645 2,453
1/11/2016 2,104 1,653
1/10/2016 -1,066 561
1/09/2016 -483 -565
1/08/2016 -1,848 -1,471
1/07/2016 -1,931 -2,038
1/06/2016 -3,124 -2,273
1/05/2016 -2,123 -2,325
1/04/2016 -1,936 -2,452
1/03/2016 -2,631 -2,701
1/02/2016 -3,022 -3,014
1/01/2016 -3,270 -3,337
1/12/2015 -4,145 -3,544
1/11/2015 -3,980 -3,583
1/10/2015 -3,564 -3,458
1/09/2015 -3,026 -3,329
Last Updated: 7 November 2019

Contacts

Statistical Information Service