Exports of goods and services from Australia surged 6 percent from a month earlier to a 20-month high of AUD 42.23 billion in May 2021, amid strengthening foreign demand in the aftermath of the coronavirus disruptions. Sales of non-rural goods jumped 7 percent to AUD 30.89 billion, driven by metal ores & minerals (11 percent), other mineral fuels (2 percent), metals (4 percent), and other non-rural (15 percent). Also, exports of rural goods advanced 6 percent to AUD 4.50 billion, led by meat and meat preparations (3 percent), cereal grains and cereal preparations (11 percent) and other rural (3 percent). In addition, sales of services went up 5 percent to AUD 4.98 billion, thanks to travel (9 percent). At the same time, shipments of non-monetary gold grew 2 percent to AUD 1.82 billion. Meantime, net exports of goods under merchanting were unchanged at AUD 37 million. source: Australian Bureau of Statistics
Exports in Australia averaged 12440.16 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 July 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.