Exports of goods and services from Australia rose by 3 percent from a month earlier to a seven-month high of AUD 36.39 billion in November 2020, amid improving global demand. Exports of rural goods increased 6 percent to AUD 3.59 billion, boosted by meat & meat preparations. Meanwhile, exports of services were up 2 percent to AUD 5.19 billion with increases seen in tourism related services and travel. Also, exports of non-monetary gold jumped 45 percent to AUD 2.88 billion. Meanwhile, sales of non-rural goods were almost unchanged at AUD 24.68 billion, with sales of metal ores & minerals dropped by 2 percent while those of both other mineral fuels and other manufactures rose 8 percent and 3 percent, respectively. source: Australian Bureau of Statistics
Exports in Australia averaged 12212.82 AUD Million from 1971 until 2020, reaching an all time high of 44029 AUD Million in July of 2019 and a record low of 435 AUD Million in October of 1971. This page provides the latest reported value for - Australia Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Exports - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.
Exports in Australia is expected to be 39200.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Australia to stand at 41000.00 in 12 months time. In the long-term, the Australia Exports is projected to trend around 42000.00 AUD Million in 2022, according to our econometric models.