Australia Trade Balance
Australia Trade Balance recorded a surplus of 3.7 USD bn in Nov 2020, compared with a surplus of 4.7 USD bn in the previous month. Australia Trade Balance data is updated monthly, available from Jul 1971 to Nov 2020, with an averaged value of -226.5 USD mn. The data reached an all-time high of 6.1 USD bn in Mar 2020 and a record low of -3.8 USD bn in Nov 2012. CEIC converts monthly Trade Balance into USD. The Australian Bureau of Statistics provides Trade Balance in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Trade Balance of goods and services is used.
In the latest reports, Australia Total Exports reached 21.8 USD bn in Oct 2020, a decrease of 14.4 % year on year. Total Imports recorded 20.0 USD bn in Nov 2020, an increase of 5.6 % year on year.
View Australia's Trade Balance from Jul 1971 to Nov 2020 in the chart:
What was Australia's Trade Balance in Nov 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3,651.0 Nov 2020 | 4,687.8 Oct 2020 | -3,824.9 Nov 2012 | 6,075.6 Mar 2020 | USD mn | monthly | Jul 1971 - Nov 2020 |
Trade Balance by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -376.8 Dec 2020 | monthly | Oct 1998 - Dec 2020 |
| Algeria (USD mn) | -791.7 Jan 2020 | monthly | Jan 2000 - Jan 2020 |
| Argentina (USD mn) | 141.2 Nov 2020 | monthly | Jan 1991 - Nov 2020 |
| Armenia (USD mn) | -197.4 Nov 2020 | monthly | Nov 1995 - Nov 2020 |
| Australia (USD mn) | 3,651.0 Nov 2020 | monthly | Jul 1971 - Nov 2020 |
| Austria (USD mn) | -377.4 Oct 2020 | monthly | Jan 1957 - Oct 2020 |
| Azerbaijan (USD mn) | -91.6 Nov 2020 | monthly | Jan 2000 - Nov 2020 |
| Bahrain (USD mn) | 856.2 2019 | yearly | 1966 - 2019 |
| Bangladesh (USD mn) | -915.4 Oct 2020 | monthly | Jul 1986 - Oct 2020 |
| Belarus (USD mn) | 309.3 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -7.2 Jun 2020 | quarterly | Jun 2003 - Jun 2020 |
| Consolidated Fiscal Balance (USD mn) | -63,966.960 Jun 2020 | quarterly | Sep 2002 - Jun 2020 |
| Tax Revenue (USD mn) | 90,927.832 Sep 2020 | quarterly | Sep 2002 - Sep 2020 |
| Tax Revenue: % of GDP (%) | 30.1 Jun 2020 | quarterly | Sep 2002 - Jun 2020 |
| National Government Debt (USD mn) | 474,369.8 2019 | yearly | 1999 - 2019 |
| Government Debt: % of GDP (%) | 34.7 2019 | yearly | 1999 - 2019 |
| Forecast: Government Expenditure (AUD bn) | 880.783 2025 | yearly | 1988 - 2025 |
| Forecast: Government Net Debt (AUD bn) | 1,693.021 2025 | yearly | 1989 - 2025 |
| Forecast: Government Revenue (AUD bn) | 833.535 2025 | yearly | 1988 - 2025 |
| DOT Forecast: Budget Aggregates: Revenue (AUD bn) | 538.100 2024 | yearly | 1997 - 2024 |
| DOT Forecast: Budget Aggregates: Expenses (AUD bn) | 596.600 2024 | yearly | 1997 - 2024 |
| AU: General Government: Financial Liabilities (AUD mn) | 2,035,045.000 Sep 2020 | quarterly | Jun 1999 - Sep 2020 |
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