Commodities lifts Australia’s trade surplus

Thursday, 4 October 2018

The Australian Bureau of Statistics (ABS) today released trade data for the month of August, with Australia’s trade surplus rising to $1,604 million in August from $1,548 million in July:

Over the August quarter, Australia recorded a trade surplus of $5,271 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.