Australia’s trade surplus remains near record highs

Thursday 7 November 2019

The Australian Bureau of Statistics (ABS) today released trade data for the month of September, with Australia’s trade surplus rising to $7.2 billion from $6.6 billion in August:

The next chart shows that Australia’s trade surplus is still running near record highs:

In September, exports (credits) and imports (debits) both rosel:

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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.