Australian Trade Surplus Widens in June


In June, Australia's seasonally adjusted balance on goods and services registered a surplus of A$602 million, an increase of A$95 million or 19 percent on the surplus registered a month earlier.

Exports of goods and services fell A$299 million (1 percent) to A$26.01 billion. Non–monetary gold fell A$ 282 million (20 percent) and non–rural goods fell A$34 million. Rural goods rose A$22 million (1 percent) and net exports of goods under merchanting rose A$1 million (8 percent). Services credits fell A$6 million.

Imports of goods and services decreased A$394 million (2 percent) to A$25.48 billion. Intermediate and other merchandise goods fell A$598 million (7 percent) and non–monetary gold fell A$59 million (14 percent). Capital goods rose A$163 million (3 percent) and consumption goods rose A$80 million (1 percent). Services debits rose A$19 million.

Australian Trade Surplus Widens in June


ABS | Nuno Fontes | nuno@tradingeconomics.com
8/6/2013 9:12:45 AM