Australia’s trade deficit improves in April

Thursday, 2 June 2016

The Australian Bureau of Statistics (ABS) today released trade data for the month of April, with Australia’s trade deficit improving to $1,579 million from $1,943 million in March.

In seasonally adjusted terms, exports rose $171 million (1%) to $26,734 million, whereas imports fell $222 million (1%) to $28,313 million, led by falling capital goods exports (-$299 million).

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.