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 August 2018, Australia's trade balance was $1,604 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)
1/08/2018 1,604               1,716              
1/07/2018 1,548               1,595              
1/06/2018 2,119               1,498              
1/05/2018 956               1,372              
1/04/2018 766               1,206              
1/03/2018 1,142               932              
1/02/2018 1,264               575              
1/01/2018 1,060               244              
1/12/2017 -1,800               13              
1/11/2017 -106               -82              
1/10/2017 32               -20              
1/09/2017 937               196              
1/08/2017 504               492              
1/07/2017 318               830              
1/06/2017 1,047               1,124              
1/05/2017 2,097               1,445              
1/04/2017 -299               1,929              
1/03/2017 2,483               2,445              
1/02/2017 3,135               2,807              
1/01/2017 1,572               2,817              
1/12/2016 4,510               2,405              
1/11/2016 1,910               1,592              
1/10/2016 -972               512              
1/09/2016 -596               -592              
1/08/2016 -1,770               -1,475              
1/07/2016 -2,016               -2,027              
1/06/2016 -2,987               -2,258              
1/05/2016 -2,087               -2,316              
1/04/2016 -2,096               -2,445              
1/03/2016 -2,538               -2,693              
1/02/2016 -3,070               -3,012              
1/01/2016 -3,194               -3,337              
1/12/2015 -4,108               -3,544              
1/11/2015 -4,026               -3,583              
1/10/2015 -3,706               -3,461              
1/09/2015 -2,929               -3,333              
1/08/2015 -2,899               -3,298              
1/07/2015 -3,199               -3,347              
1/06/2015 -3,623               -3,383              
1/05/2015 -3,321               -3,257              
1/04/2015 -4,214               -2,902              
1/03/2015 -1,928               -2,367              
1/02/2015 -1,450               -1,827              
1/01/2015 -1,039               -1,460              
1/12/2014 -839               -1,344              
1/11/2014 -2,070               -1,426              
1/10/2014 -1,444               -1,591              
1/09/2014 -2,421               -1,737              
1/08/2014 -1,285               -1,766              

Last Updated: 4 October 2018

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