• Australian trade balance surplus rose more than expected in September

Market news

2 November 2017

Australian trade balance surplus rose more than expected in September

Balance on goods and services:

  • In trend terms, the balance on goods and services was a surplus of $1,061m in september 2017, an increase of $6m on the surplus in august 2017.

  • In seasonally adjusted terms, the balance on goods and services was a surplus of $1,745m in september 2017, an increase of $872m on the surplus in august 2017.

Credits (exports of goods and services):

  • In seasonally adjusted terms, goods and services credits rose $924m (3%) to $32,961m. Non-rural goods rose $599m (3%), non-monetary gold rose $217m (17%), rural goods rose $5m and net exports of goods under merchanting rose $1m (2%). Services credits rose $102m (1%).

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