Australia’s trade surplus lifts

Thursday, 9 January 2020

The Australian Bureau of Statistics (ABS) today released trade data for the month of November, with Australia’s trade surplus rising to $5.8 billion from $4.1 billion in October:

The next chart shows that Australia’s trade surplus is running at strong levels:

In November, exports (credits) fell and imports (debits) fell:

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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.