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Trade statistics

Australia’s trade balance

Australia's trade balance is the difference between what we export and what we import.

It is calculated by subtracting the value of the goods and services Australia buys from overseas from the value of the goods and services we sell to other countries.

As of January 2020, Australia's trade balance was $5,210 million (seasonally adjusted).

Australia's trade balance over time

The graph below shows the variation in Australia's monthly trade balance over the past few years.

We calculate two different values for trade balance:

  • seasonally adjusted (sa), which means monthly data is adjusted to account for events such as Christmas, Easter and Chinese New Year.
  • trend, which means the data is smoothed to more clearly highlight changes over time.
Trade balance January 2020. Description below.
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The table below shows the value of Australia's trade balance at the start of each month.

Trade balance, seasonally-adjusted and as a trend, A$ million
Date Balance on goods and services (seasonally-adjusted) Balance on goods and services (as a trend)
1/01/2020 5,210 4,984
1/12/2019 5,376 5,067
1/11/2019 5,656 5,294
1/10/2019 4,024 5,635
1/09/2019 5,792 6,097
1/08/2019 6,353 6,531
1/07/2019 7,551 6,818
1/06/2019 8,073 6,857
1/05/2019 5,906 6,643
1/04/2019 4,705 6,204
1/03/2019 4,668 5,621
1/02/2019 5,078 5,017
1/01/2019 4,686 4,409
1/12/2018 4,108 3,815
1/11/2018 2,636 3,246
1/10/2018 2,639 2,738
1/09/2018 2,781 2,350
1/08/2018 1,933 2,041
1/07/2018 1,762 1,734
1/06/2018 1,737 1,515
1/05/2018 807 1,342
1/04/2018 994 1,167
1/03/2018 999 946
1/02/2018 1,594 674
1/01/2018 1,068 404
1/12/2017 -1,653 192
1/11/2017 87 76
1/10/2017 336 96
1/09/2017 950 251
1/08/2017 387 474
1/07/2017 116 758
1/06/2017 1,146 1,015
1/05/2017 1,858 1,326
1/04/2017 -354 1,829
1/03/2017 2,408 2,381
1/02/2017 3,207 2,788
1/01/2017 1,341 2,847
1/12/2016 4,736 2,477
1/11/2016 2,166 1,687
1/10/2016 -1,041 595
1/09/2016 -428 -541
1/08/2016 -1,888 -1,463
1/07/2016 -1,964 -2,042
1/06/2016 -3,094 -2,286
1/05/2016 -2,146 -2,341
1/04/2016 -1,981 -2,471
1/03/2016 -2,566 -2,719
1/02/2016 -3,100 -3,027
1/01/2016 -3,351 -3,341
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