Australia Trade Balance
1971 - 2024 | Monthly | USD mn | CEIC Data
Key information about Australia's Trade Balance
- Australia's Trade Balance recorded a surplus of 4.0 USD bn in Oct 2024, compared with a surplus of 3.1 USD bn in the previous month
- Australia's Trade Balance data is updated monthly, available from Jul 1971 to Oct 2024, with an averaged value of 9.9 USD mn
- The data reached an all-time high of 12.8 USD bn in Jun 2022 and a record low of -3.0 USD bn in Feb 2008
Further information about Australia's Trade Balance
- In the latest reports, Australia's Total Exports reached 28.2 USD bn in Oct 2024, a decrease of 3.1% YoY (year-on-year)
- Total Imports recorded 24.3 USD bn in Oct 2024, a decrease of 3.1% YoY (year-on-year)
View Australia's Trade Balance from Jul 1971 to Oct 2024 in the chart:
What was Australia's Trade Balance in Oct 2024?
Australia's Trade Balance recorded a surplus of 4.0 USD bn in Oct 2024, compared with a surplus of 3.1 USD bn in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3,988.5 Oct 2024 | 3,068.2 Sep 2024 | -3,011.2 Feb 2008 | 12,843.1 Jun 2022 | USD mn | monthly | Jul 1971 - Oct 2024 |
Trade Balance by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -510.0 Oct 2024 | monthly | Oct 1998 - Oct 2024 |
| Algeria (USD mn) | -274.8 Mar 2020 | monthly | Jan 2000 - Mar 2020 |
| Argentina (USD mn) | 1,295.4 Oct 2024 | monthly | Jan 1991 - Oct 2024 |
| Armenia (USD mn) | -373.8 Oct 2024 | monthly | Nov 1995 - Oct 2024 |
| Australia (USD mn) | 3,988.5 Oct 2024 | monthly | Jul 1971 - Oct 2024 |
| Austria (USD mn) | -621.5 Aug 2024 | monthly | Jan 1957 - Aug 2024 |
| Azerbaijan (USD mn) | 894.3 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Bahrain (USD mn) | 4,501.7 2023 | yearly | 1966 - 2023 |
| Bangladesh (USD mn) | -1,487.5 Sep 2024 | monthly | Jul 1986 - Sep 2024 |
| Belarus (USD mn) | -542.9 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Belgium (USD mn) | -40.9 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Bolivia (USD mn) | 58.6 Sep 2024 | monthly | Oct 1994 - Sep 2024 |
| Bosnia and Herzegovina (USD mn) | -568.5 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Botswana (USD mn) | -334.3 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Brazil (USD mn) | 7,030.4 Nov 2024 | monthly | Jan 1959 - Nov 2024 |
| Brunei (USD mn) | 376.2 Aug 2024 | monthly | Jan 2010 - Aug 2024 |
| Bulgaria (USD mn) | -738.4 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
| Cambodia (USD mn) | -615.2 Oct 2024 | monthly | Jun 2013 - Oct 2024 |
| Canada (USD mn) | -671.7 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
| Chile (USD mn) | 1,382.7 Nov 2024 | monthly | Jan 1968 - Nov 2024 |
| China (USD mn) | 95,718.8 Oct 2024 | monthly | Jan 1992 - Oct 2024 |
| Colombia (USD mn) | -1,031.9 Sep 2024 | monthly | Jan 1958 - Sep 2024 |
| Croatia (USD mn) | -1,657.8 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
| Cyprus (USD mn) | -659.7 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
| Czech Republic (USD mn) | 3,296.4 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
| Denmark (USD mn) | 2,910.8 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Ecuador (USD mn) | 400.5 Oct 2024 | monthly | Mar 1992 - Oct 2024 |
| Egypt (USD mn) | -4,271.0 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
| Estonia (USD mn) | -231.3 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
| European Union (USD mn) | 4,242.1 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Finland (USD mn) | -359.5 Oct 2024 | monthly | Jan 1992 - Oct 2024 |
| France (USD mn) | -8,352.1 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Georgia (USD mn) | -890.3 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Germany (USD mn) | 14,599.3 Oct 2024 | monthly | Jan 1957 - Oct 2024 |
| Ghana (USD mn) | 542.1 Oct 2024 | monthly | Mar 2005 - Oct 2024 |
| Greece (USD mn) | -3,446.2 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Hong Kong SAR, China (USD mn) | -3,990.1 Oct 2024 | monthly | Jan 1957 - Oct 2024 |
| Hungary (USD mn) | 1,053.0 Oct 2024 | monthly | Jan 1976 - Oct 2024 |
| Iceland (USD mn) | -302.3 Oct 2024 | monthly | Jan 1957 - Oct 2024 |
| India (USD mn) | -37,840.0 Nov 2024 | monthly | Jan 1957 - Nov 2024 |
| Indonesia (USD mn) | 4,419.6 Nov 2024 | monthly | Jan 1967 - Nov 2024 |
| Iran (USD mn) | 32,176.0 2023 | yearly | 1948 - 2023 |
| Ireland (USD mn) | 10,843.5 Oct 2024 | monthly | Jan 1970 - Oct 2024 |
| Israel (USD mn) | -2,721.0 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
| Italy (USD mn) | 3,827.4 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Ivory Coast (USD mn) | 927.4 Aug 2024 | monthly | Jan 1981 - Aug 2024 |
| Japan (USD mn) | -2,386.3 Oct 2024 | monthly | Apr 1995 - Oct 2024 |
| Jordan (USD mn) | -1,012.4 Sep 2024 | monthly | Jan 1972 - Sep 2024 |
| Kazakhstan (USD mn) | 1,621.9 Oct 2024 | monthly | Sep 1995 - Oct 2024 |
| Kenya (USD mn) | -1,029.6 Aug 2024 | monthly | Oct 1992 - Aug 2024 |
| South Korea (USD mn) | 5,586.4 Nov 2024 | monthly | Jan 1966 - Nov 2024 |
| Kosovo (USD mn) | -537.1 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
| Kuwait (USD mn) | 2,975.2 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
| Kyrgyzstan (USD mn) | -459.6 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
| Laos (USD mn) | -71.8 Jun 2024 | quarterly | Dec 1992 - Jun 2024 |
| Latvia (USD mn) | -293.3 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
| Lebanon (USD mn) | -1,062.6 Dec 2023 | monthly | Jan 1993 - Dec 2023 |
| Lithuania (USD mn) | -300.1 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Luxembourg (USD mn) | -840.1 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Macau SAR, China (USD mn) | -1,255.9 Oct 2024 | monthly | Jan 1998 - Oct 2024 |
| North Macedonia (USD mn) | -213.7 Sep 2024 | monthly | Dec 1993 - Sep 2024 |
| Malawi (USD mn) | -194.6 Mar 2024 | monthly | Jan 1964 - Mar 2024 |
| Malaysia (USD mn) | 2,602.9 Oct 2024 | monthly | Jan 1990 - Oct 2024 |
| Malta (USD mn) | -334.4 Sep 2024 | monthly | Jan 1960 - Sep 2024 |
| Mauritius (USD mn) | -406.7 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Mexico (USD mn) | 462.7 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Moldova (USD mn) | -461.1 Oct 2024 | monthly | Jan 1992 - Oct 2024 |
| Mongolia (USD mn) | 444.6 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
| Montenegro (USD mn) | -335.0 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
| Morocco (USD mn) | -2,763.9 Oct 2024 | monthly | Jan 1957 - Oct 2024 |
| Mozambique (USD mn) | 106.5 Jun 2024 | monthly | Jan 2011 - Jun 2024 |
| Myanmar (USD mn) | 183.9 Jul 2022 | monthly | Jan 1957 - Jul 2022 |
| Nepal (USD mn) | -804.5 Nov 2024 | monthly | Aug 1974 - Nov 2024 |
| Netherlands (USD mn) | 14,166.8 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
| New Zealand (USD mn) | -937.9 Oct 2024 | monthly | Jan 1960 - Oct 2024 |
| Nigeria (USD mn) | 1,027.6 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Norway (USD mn) | 4,024.9 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
| Oman (USD mn) | 1,402.1 Sep 2024 | monthly | Jan 1975 - Sep 2024 |
| Pakistan (USD mn) | -1,589.0 Nov 2024 | monthly | Jan 1968 - Nov 2024 |
| Palestinian Territory (USD mn) | -431.8 Sep 2024 | monthly | Jan 2011 - Sep 2024 |
| Panama (USD mn) | -1,259.9 Oct 2024 | monthly | Jan 1964 - Oct 2024 |
| Paraguay (USD mn) | -220.6 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| Peru (USD mn) | 1,813.9 Oct 2024 | monthly | Jan 1985 - Oct 2024 |
| Philippines (USD mn) | -5,087.0 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
| Poland (USD mn) | -316.7 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| Portugal (USD mn) | -2,632.4 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
| Qatar (USD mn) | 5,531.0 Jul 2024 | monthly | Jan 2014 - Jul 2024 |
| Romania (USD mn) | -2,855.4 Sep 2024 | monthly | Aug 1990 - Sep 2024 |
| Russia (USD mn) | 9,758.0 Oct 2024 | monthly | Jan 1998 - Oct 2024 |
| Saudi Arabia (USD mn) | 113,078.6 2023 | yearly | 1957 - 2023 |
| Serbia (USD mn) | -1,050.3 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Singapore (USD mn) | 4,876.3 Nov 2024 | monthly | Jan 1976 - Nov 2024 |
| Slovakia (USD mn) | 217.3 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
| Slovenia (USD mn) | -3,397.4 Oct 2024 | monthly | Nov 1991 - Oct 2024 |
| South Africa (USD mn) | 832.2 Oct 2024 | monthly | Oct 2004 - Oct 2024 |
| Spain (USD mn) | -2,951.0 Sep 2024 | monthly | Oct 1974 - Sep 2024 |
| Sri Lanka (USD mn) | -544.4 Oct 2024 | monthly | Jan 1982 - Oct 2024 |
| Sudan (USD mn) | -829.9 Dec 2022 | monthly | Jan 2003 - Dec 2022 |
| Sweden (USD mn) | 57.2 Oct 2024 | monthly | Jan 1957 - Oct 2024 |
| Switzerland (USD mn) | 10,422.9 Oct 2024 | monthly | Jan 1957 - Oct 2024 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doAustralia Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.1 Sep 2024 | quarterly | Jun 2003 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | -20,262.041 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Tax Revenue (USD mn) | 125,735.607 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Tax Revenue: % of GDP (%) | 27.7 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| National Government Debt (USD mn) | 650,929.8 2023 | yearly | 1999 - 2023 |
| Government Debt: % of GDP (%) | 38.0 2023 | yearly | 1999 - 2023 |
| Forecast: Government Expenditure (AUD bn) | 1,268.078 2029 | yearly | 1988 - 2029 |
| Forecast: Government Net Debt (AUD bn) | 1,568.589 2029 | yearly | 1989 - 2029 |
| Forecast: Government Revenue (AUD bn) | 1,234.249 2029 | yearly | 1988 - 2029 |
| DOT Forecast: Budget Aggregates: Revenue (AUD bn) | 819.600 2028 | yearly | 1997 - 2028 |
| DOT Forecast: Budget Aggregates: Expenses (AUD bn) | 829.800 2028 | yearly | 1997 - 2028 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.969 2029 | yearly | 1980 - 2029 |
| Trade Balance (USD mn) | 3,988.5 Oct 2024 | monthly | Jul 1971 - Oct 2024 |
| Total Exports (USD mn) | 28,239.2 Oct 2024 | monthly | Jul 1971 - Oct 2024 |
| Total Exports Growth (%) | -9.2 Oct 2024 | monthly | Jul 1972 - Oct 2024 |
| Aluminum: Exports (USD th) | 4,120,297.894 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 1,275,238.605 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,826,091.258 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 24,250.7 Oct 2024 | monthly | Jul 1971 - Oct 2024 |
| Total Imports Growth (%) | -3.1 Oct 2024 | monthly | Jul 1972 - Oct 2024 |
| Imports: Medicament (USD th) | 7,493,317.912 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 6,198,455.930 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 1,463.280 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
| Total Imports from USA (USD mn) | 2,687.370 Oct 2024 | monthly | Apr 1969 - Oct 2024 |
| Total Exports to China (USD mn) | 9,197.090 Oct 2024 | monthly | Apr 1969 - Oct 2024 |
| Total Imports from China (USD mn) | 7,239.350 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
| Trade Balance: Goods (AUD mn) | 2,259.000 Oct 2024 | monthly | Jul 1971 - Oct 2024 |
| Trade Balance: sa: Goods (AUD mn) | 5,953.000 Oct 2024 | monthly | Jul 1971 - Oct 2024 |
| Export: SITC: Value: FOB: Manufactured Goods Classified Chiefly By Material (MG) (AUD mn) | 1,858.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: SITC: Value: FOB: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 13,991.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Export: Value: Coal, whether or not Pulverized, but not Agglomerated (AUD mn) | 6,591.000 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
| Export Value: SITC: FOB: MS: Copper Ore & Concentrate, Copper Matte & Cement Cop... (AUD mn) | 482.000 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
| Export Value: SITC: FOB: MS: Aluminum Ore & Concentrate (AUD mn) | 1,265.000 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
| Terms of Trade Index (2016-2017=100) | 106.800 Dec 2018 | quarterly | Sep 1959 - Dec 2018 |
| Import Value: SITC: NF: Copper (AUD mn) | 97.000 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
| Import Value: SITC: NF: Aluminium (AUD mn) | 160.000 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
| Import Value: ANZSIC 2006: Metal Ore Mining (AUD mn) | 18.000 Oct 2024 | monthly | Jul 2005 - Oct 2024 |
| Export Value Index (2015=100) | 183.729 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 125.258 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.1 Jun 2024 | quarterly | Jun 2004 - Jun 2024 |
| Household Debt: % of GDP (%) | 116.6 Mar 2023 | quarterly | Jun 1988 - Mar 2023 |
| Non-Performing Loans (USD mn) | 30,395.707 Jun 2024 | quarterly | Sep 1994 - Jun 2024 |
| Money Supply M1 (USD mn) | 1,134,779.638 Oct 2024 | monthly | Feb 1975 - Oct 2024 |
| Money Supply M2 (USD mn) | 2,036,732.321 Oct 2024 | monthly | Mar 1965 - Oct 2024 |
| M2 Growth (%) | 6.4 Oct 2024 | monthly | Mar 1966 - Oct 2024 |
| Foreign Exchange Reserves (USD mn) | 39,262.3 Nov 2024 | monthly | Jul 1969 - Nov 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 2.137 Sep 2024 | quarterly | Sep 1969 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.5 May 2023 | monthly | Jul 1971 - May 2023 |
| Gold Reserves (USD mn) | 6,802.828 Nov 2024 | monthly | Jan 1958 - Nov 2024 |
| Total Deposits (USD mn) | 2,614,643.998 Mar 2023 | quarterly | Sep 2004 - Mar 2023 |
| Total Deposits Growth (%) | 3.8 Jun 2024 | quarterly | Sep 2005 - Jun 2024 |
| Domestic Credit (USD mn) | 3,928,501.8 Sep 2024 | monthly | Dec 2001 - Sep 2024 |
| Domestic Credit Growth (%) | -1.1 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
| Debt Service Ratio: Households (%) | 18.800 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 22.300 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Credit to Households (USD bn) | 1,953.455 Dec 2023 | quarterly | Dec 1977 - Dec 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 3,023.117 Dec 2023 | quarterly | Mar 1971 - Dec 2023 |
| Household Debt (USD mn) | 2,107,060.2 Jun 2024 | quarterly | Jun 1988 - Jun 2024 |
| Total Loans (USD mn) | 2,428,958.111 Oct 2024 | monthly | Sep 1976 - Oct 2024 |
| Total Loans Growth (%) | 6.68 Oct 2024 | monthly | Sep 1977 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 125.30 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| AU: Broad Money (AUD mn) | 3,254,406.401 2023 | yearly | 1960 - 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Economic Policy Uncertainty Index (Index) | 111.981 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
| Geopolitical Risk Index (%) | 0.106 Nov 2024 | monthly | Jan 1985 - Nov 2024 |
| Exports: % of GDP (%) | 27.346 2022 | yearly | 2001 - 2022 |
| Imports: % of GDP (%) | 21.613 2022 | yearly | 2001 - 2022 |
| Business Confidence Growth (% Point) | 8.0 Oct 2024 | monthly | Jul 2013 - Oct 2024 |
More Indicators for Australia
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Foreign Trade
Export: Commodity: Volume
Export Volume
Exports: by Commodity: by 3 Digits SITC
Exports: by Commodity: Value
Exports: by Country
Exports: fob: by Country: Annual
Exports: fob: by Country: Quarterly
Import: by Countries and Country Group: Value
Import Volume
Imports: by Commodity: by 3 Digits SITC
Imports: by Country
Imports: cif: by Country: Monthly
Imports: fob: by Country: Annual
Imports: fob: by Country: Quarterly
Terms of Trade: Forecast: Department of the Treasury
Trade Index
Trade Statistics: Annual
Trade Tariffs
Volume and Unit Value Index: Quarterly
Export: by Countries and Country Group: Value
Export Value
Exports
Exports: by Commodity: Unit Value
Exports: by Commodity: Volume
Exports: by Industry: by ANZIC
Exports: fob: by Country: Monthly
Exports: Services: BPM6
Import Value
Imports
Imports: by Commodity: Value
Imports: cif: by Country: Annual
Imports: cif: by Country: Quarterly
Imports: fob: by Country: Monthly
Motor Vehicle Imports: Standard International Trade Classification (SITC)
Trade Balance: BOP Basis: BPM6
Trade Statistics
Trade Statistics: Quarterly
Volume and Unit Value Index: Annual