Australia’s trade surplus rises in May

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By Leith van Onselen

The Australian Bureau of Statistics (ABS) today released trade data for the month of May, with Australia’s trade surplus rising 75% to $827 million in May from $472 million in April:

Below is the time series chart:

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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.