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 February 2019, Australia's trade balance was $4,801 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)
1/02/2019 4,801 4,348
1/01/2019 4,351 3,953
1/12/2018 3,853 3,495
1/11/2018 2,526 3,059
1/10/2018 2,364 2,695
1/09/2018 2,754 2,402
1/08/2018 2,320 2,134
1/07/2018 1,711 1,876
1/06/2018 2,080 1,673
1/05/2018 935 1,488
1/04/2018 815 1,282
1/03/2018 1,297 1,016
1/02/2018 1,638 698
1/01/2018 1,078 381
1/12/2017 -1,811 128
1/11/2017 28 -3
1/10/2017 158 26
1/09/2017 929 217
1/08/2017 482 495
1/07/2017 230 822
1/06/2017 1,145 1,102
1/05/2017 2,020 1,409
1/04/2017 -352 1,886
1/03/2017 2,464 2,402
1/02/2017 3,174 2,774
1/01/2017 1,327 2,805
1/12/2016 4,588 2,422
1/11/2016 2,126 1,636
1/10/2016 -996 564
1/09/2016 -541 -548
1/08/2016 -1,789 -1,448
1/07/2016 -1,916 -2,020
1/06/2016 -3,119 -2,263
1/05/2016 -2,113 -2,324
1/04/2016 -1,970 -2,459
1/03/2016 -2,599 -2,717
1/02/2016 -3,089 -3,036
1/01/2016 -3,279 -3,355
1/12/2015 -4,157 -3,554
1/11/2015 -3,996 -3,583
1/10/2015 -3,567 -3,446
1/09/2015 -2,946 -3,312
1/08/2015 -3,000 -3,282
1/07/2015 -3,131 -3,340
1/06/2015 -3,592 -3,386
1/05/2015 -3,326 -3,266
1/04/2015 -4,285 -2,915
1/03/2015 -1,907 -2,384
1/02/2015 -1,478 -1,848
Last Updated: 3 April 2019

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