The Australian Bureau of Statistics (ABS) today released trade data for the month of October, with Australia’s trade surplus retracing to $4.5 billion from $6.8 billion in September:
![](https://www.macrobusiness.com.au/wp-content/uploads/2019/12/Capture-100.png)
The next chart shows that Australia’s trade surplus is still running at strong levels:
![](https://www.macrobusiness.com.au/wp-content/uploads/2019/12/Capture-101.png)
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In October, exports (credits) fell and imports (debits) rose: