Australia Posts 1.791bn AUD Trade Surplus

Australia's trade balance surplus rose to 1.791bn AUD in April Australia's trade data for April 2026 showed a significant increase in exports, resulting in a trade balance surplus of 1.791bn AUD. The surplus was expected to be -1.61bn AUD, but strong exports of iro

Australia’s trade balance surplus rose to 1.791bn AUD in April

Australia’s trade data for April 2026 showed a significant increase in exports, resulting in a trade balance surplus of 1.791bn AUD.

The surplus was expected to be -1.61bn AUD, but strong exports of iron ore, coal, and LPG contributed to the higher-than-expected surplus.

In comparison, the prior month’s trade balance was -1.84bn AUD, indicating a substantial improvement in April.

The increase in exports and decrease in imports of capital goods contributed to the overall surplus

Leave a Reply

Your email address will not be published. Required fields are marked *