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 October 2018, Australia's trade balance was $3,017 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)
1/10/2018 2,316 2,709
1/09/2018 2,940 2,527
1/08/2018 2,298 2,296
1/07/2018 1,867 2,011
1/06/2018 2,176 1,732
1/05/2018 1,017 1,528
1/04/2018 833 1,316
1/03/2018 1,231 1,048
1/02/2018 1,496 731
1/01/2018 1,441 408
1/12/2017 -1,793 145
1/11/2017 -61 -10
1/10/2017 85 -6
1/09/2017 825 169
1/08/2017 490 455
1/07/2017 273 809
1/06/2017 1,062 1,126
1/05/2017 2,167 1,462
1/04/2017 -322 1,953
1/03/2017 2,561 2,467
1/02/2017 3,150 2,821
1/01/2017 1,513 2,823
1/12/2016 4,494 2,404
1/11/2016 1,972 1,588
1/10/2016 -957 505
1/09/2016 -667 -603
1/08/2016 -1,783 -1,486
1/07/2016 -2,002 -2,036
1/06/2016 -3,003 -2,261
1/05/2016 -2,092 -2,309
1/04/2016 -2,057 -2,432
1/03/2016 -2,507 -2,679
1/02/2016 -3,073 -2,999
1/01/2016 -3,197 -3,325
1/12/2015 -4,105 -3,535
1/11/2015 -4,033 -3,578
1/10/2015 -3,631 -3,461
1/09/2015 -2,969 -3,338
1/08/2015 -2,950 -3,308
1/07/2015 -3,188 -3,359
1/06/2015 -3,638 -3,393
1/05/2015 -3,317 -3,260
1/04/2015 -4,214 -2,899
1/03/2015 -1,921 -2,360
1/02/2015 -1,437 -1,821
1/01/2015 -1,031 -1,455
1/12/2014 -844 -1,339
1/11/2014 -2,081 -1,423
1/10/2014 -1,411 -1,590
Last Updated: 6 December 2018

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