The Australian Bureau of Statistics (ABS) today released trade data for the month of April, with Australia’s trade surplus falling to $555 million from $3,169 million (revised) in March.
In seasonally adjusted terms, exports fell $2,784 million (8%) to $30,590 million in April, whereas imports fell by $171 million (1%) to $30,035 million. Exports were clearly affected by Cyclone Debbie, which hit coal exports hard.
