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 2019, Australia's trade balance was $8,036 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)
1/06/2019 8,036 7,032
1/05/2019 6,173 6,677
1/04/2019 4,812 6,234
1/03/2019 4,916 5,741
1/02/2019 5,435 5,170
1/01/2019 4,798 4,531
1/12/2018 4,011 3,863
1/11/2018 2,729 3,239
1/10/2018 2,455 2,715
1/09/2018 2,663 2,341
1/08/2018 2,273 2,062
1/07/2018 1,637 1,779
1/06/2018 1,890 1,568
1/05/2018 888 1,394
1/04/2018 827 1,214
1/03/2018 1,142 980
1/02/2018 1,641 695
1/01/2018 1,167 406
1/12/2017 -1,767 171
1/11/2017 67 42
1/10/2017 179 58
1/09/2017 973 226
1/08/2017 455 478
1/07/2017 176 784
1/06/2017 1,071 1,051
1/05/2017 1,970 1,358
1/04/2017 -334 1,852
1/03/2017 2,352 2,392
1/02/2017 3,200 2,790
1/01/2017 1,421 2,839
1/12/2016 4,659 2,463
1/11/2016 2,136 1,671
1/10/2016 -1,009 580
1/09/2016 -494 -553
1/08/2016 -1,854 -1,472
1/07/2016 -1,940 -2,048
1/06/2016 -3,171 -2,288
1/05/2016 -2,112 -2,338
1/04/2016 -1,947 -2,463
1/03/2016 -2,625 -2,707
1/02/2016 -3,039 -3,017
1/01/2016 -3,261 -3,334
1/12/2015 -4,157 -3,535
1/11/2015 -3,969 -3,570
1/10/2015 -3,526 -3,443
1/09/2015 -3,003 -3,317
1/08/2015 -3,007 -3,293
1/07/2015 -3,129 -3,354
1/06/2015 -3,609 -3,398
Last Updated: 6 August 2019

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