Australia’s trade surplus dipped in March

The Australian Bureau of Statistics (ABS) has released international trade data for March, which revealed that Australia’s trade surplus retraced by $2.0 billion to $5.6 billion amid falling exports (-$681 million) and rising imports (+$1,340 million):

Nevertheless, Australia’s trade balance has been stuck firmly in surplus since 2019:

There are 928 words left in this subscriber-only article.

Start your free 14-day trial today!

Comments are hidden for Membership Subscribers only.