Exports of goods and services from Australia climbed 7% month-over-month to the second highest on record of AUD 60.61 billion in September 2022. Sales of non-rural goods jumped 8.5% to AUD 44.25 billion, mainly boosted by demand for other mineral fuels (19.5%) and metal ores and minerals (8.7%); while those of rural goods grew by 2.8 percent to AUD 7.08 billion, supported by other rural (6.3%) and cereal grains and cereal preparations (6.6%). Also, exports of services climbed 6.3% to AUD 6.81 billion, largely due to travel (12.3%) and other services (0.8%). On the flip side, shipments of non-monetary gold fell 3.6% to AUD 2.45 billion. source: Australian Bureau of Statistics
Exports in Australia averaged 13496.66 AUD Million from 1971 until 2022, reaching an all time high of 61535.00 AUD Million in June of 2022 and a record low of 435.00 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 December of 2022.
Exports in Australia is expected to be 52000.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Exports is projected to trend around 45000.00 AUD Million in 2023 and 42000.00 AUD Million in 2024, according to our econometric models.