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 December 2018, Australia's trade balance was $3,681 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)
1/12/2018 3,681 2,796
1/11/2018 2,256 2,665
1/10/2018 2,285 2,482
1/09/2018 2,686 2,281
1/08/2018 1,898 2,042
1/07/2018 1,664 1,764
1/06/2018 1,995 1,555
1/05/2018 915 1,394
1/04/2018 704 1,212
1/03/2018 1,210 971
1/02/2018 1,491 673
1/01/2018 1,307 375
1/12/2017 -1,891 144
1/11/2017 30 24
1/10/2017 224 50
1/09/2017 913 226
1/08/2017 530 488
1/07/2017 154 798
1/06/2017 1,135 1,073
1/05/2017 1,971 1,384
1/04/2017 -377 1,879
1/03/2017 2,496 2,416
1/02/2017 3,142 2,804
1/01/2017 1,556 2,841
1/12/2016 4,503 2,452
1/11/2016 2,132 1,654
1/10/2016 -1,000 569
1/09/2016 -517 -552
1/08/2016 -1,826 -1,455
1/07/2016 -1,894 -2,027
1/06/2016 -3,122 -2,272
1/05/2016 -2,125 -2,334
1/04/2016 -2,022 -2,466
1/03/2016 -2,546 -2,716
1/02/2016 -3,165 -3,027
1/01/2016 -3,158 -3,339
1/12/2015 -4,155 -3,533
1/11/2015 -4,024 -3,563
1/10/2015 -3,521 -3,434
1/09/2015 -2,932 -3,308
1/08/2015 -3,021 -3,287
1/07/2015 -3,130 -3,353
1/06/2015 -3,633 -3,401
1/05/2015 -3,324 -3,277
1/04/2015 -4,296 -2,919
1/03/2015 -1,921 -2,379
1/02/2015 -1,446 -1,836
1/01/2015 -995 -1,463
1/12/2014 -896 -1,335
Last Updated: 6 February 2019

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