Exports of goods and services from Australia rose 1 percent month-over-month to AUD 41.29 billion in December 2019, boosted by higher sales of non-rural goods (1 percent to AUD 26.4 billion), namely metal ores and minerals (3 percent) and other mineral fuels (3 percent); rural goods (2 percent to AUD 4.09 billion), led by other rural (6 percent); net exports of goods under merchanting (20 percent to AUD 6 million); and non-monetary gold (14 percent to AUD 2.17 million). In contrast, sales of services dropped 1 percent to AUD 8.64 billion, mainly due to travel (-1 percent) and tourism related services (-1 percent). Considering full 2019, exports totalled AUD 493.1 billion.
Exports in Australia averaged 11761.30 AUD Million from 1971 until 2019, reaching an all time high of 43029 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. source: Australian Bureau of Statistics
Exports in Australia is expected to be 35100.00 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 34500.00 in 12 months time. In the long-term, the Australia Exports is projected to trend around 37000.00 AUD Million in 2021, according to our econometric models.