Exports of goods and services from Australia dropped by 2 percent from a month earlier to AUD 38.27 billion in March 2021, amid weakening foreign demand due to a resurgence of COVID-19 infections in several trade partners. Exports of rural goods fell 1 percent AUD 4.15 billion, due to cereal grains and cereal preparations (-27 percent). Also, sales of services dropped 2 percent to AUD 4.90 billion, dragged down by travel (-5 percent). Meanwhile, sales of non-rural goods rose 1 percent to AUD 27.04 billion, due to metal ores & minerals (2 percent), other mineral fuels (1 percent), and other manufactures (8 percent). source: Australian Bureau of Statistics
Exports in Australia averaged 12393.59 AUD Million from 1971 until 2021, reaching an all time high of 44130 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 May of 2021.
Exports in Australia is expected to be 40000.00 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 42000.00 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.