Australia recorded a trade surplus of 5413 AUD Million in April of 2025. This dataset provides the latest reported value for - Australia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic shows Australia's trade balance of goods from 2013 to 2023. The trade balance is the value of goods exports minus the value of goods imports. A positive value indicates a trade surplus, a negative value a trade deficit. In 2023, Australia's trade surplus amounted to around 83.87 billion U.S. dollars.

Key information about Australia's Trade Balance

• Australia's Trade Balance recorded a surplus of 3.2 USD bn in Dec 2024, compared with a surplus of 4.4 USD bn in the previous month
• Australia's Trade Balance data is updated monthly, available from Jul 1971 to Dec 2024, with an averaged value of 9.9 USD mn
• The data reached an all-time high of 12.9 USD bn in Jun 2022 and a record low of -3.0 USD bn in Feb 2008

CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports. The Australian Bureau of Statistics provides Total Exports and Total Imports in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Further information about Australia's Trade Balance

• In the latest reports, Australia's Total Exports reached 28.6 USD bn in Nov 2024, a decrease of 6.2% YoY (year-on-year)
• Total Imports recorded 24.0 USD bn in Nov 2024, an increase of 6.2% YoY (year-on-year)

In 2023, Japan recorded a deficit in goods and service trade with Australia valued at more than seven trillion Japanese yen. The Japanese trade balance with Australia remained negative in recent years, as imports exceeded the value of exports for consecutive years. Apart from fossil fuels and nonferrous metals, meats, in particular beef and veal, are major commodities imported to Japan.

In 2023, China had a trade deficit of approximately 81.8 billion U.S. dollars in merchandise trade with Australia. This trade deficit was mainly driven by Australian mineral exports to China.

Australia Trade Balance: Services: USD: China data was reported at 7.481 USD bn in 2023. This records an increase from the previous number of 5.000 USD bn for 2022. Australia Trade Balance: Services: USD: China data is updated yearly, averaging 4.971 USD bn from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 11.084 USD bn in 2019 and a record low of 69.000 USD mn in 2000. Australia Trade Balance: Services: USD: China data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.TISP: Trade in Services: Trade Balance: USD: by Country: OECD Member: Annual.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Australia (XTNTVA01AUQ664S) from Q1 1955 to Q1 2025 about Australia, trade, Net, and goods.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Australia (XTNTVA01AUQ667S) from Q1 1957 to Q4 2024 about Australia, trade, Net, and goods.

Australia Trade Balance: Services: Singapore data was reported at -2,244.000 AUD mn in 2023. This records an increase from the previous number of -4,736.000 AUD mn for 2022. Australia Trade Balance: Services: Singapore data is updated yearly, averaging -620.500 AUD mn from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 258.000 AUD mn in 2001 and a record low of -4,736.000 AUD mn in 2022. Australia Trade Balance: Services: Singapore data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.TISP: Trade in Services: Trade Balance: by Country: OECD Member: Annual.

Australia Trade Balance: Services: Mexico data was reported at 124.000 AUD mn in 2023. This records an increase from the previous number of 44.000 AUD mn for 2022. Australia Trade Balance: Services: Mexico data is updated yearly, averaging -5.000 AUD mn from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 124.000 AUD mn in 2023 and a record low of -91.000 AUD mn in 2018. Australia Trade Balance: Services: Mexico data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.TISP: Trade in Services: Trade Balance: by Country: OECD Member: Annual.

Australia's total Exports in 2024 were valued at US$340.85 Billion, according to the United Nations COMTRADE database on international trade. Australia's main export partners were: China, Japan and South Korea. The top three export commodities were: Mineral fuels, oils, distillation products; Ores slag and ash and Pearls, precious stones, metals, coins. Total Imports were valued at US$296.48 Billion. In 2024, Australia had a trade surplus of US$44.37 Billion.

This statistic shows the trade balance of South Korea with Australia up to 2017, since the Free Trade Agreement came into force in December 2014. In 2017, South Korea has been in a trade surplus of about 0.73 billion U.S. dollars with Australia.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Australia (XTNTVA01AUA664S) from 1955 to 2024 about Australia, trade, Net, and goods.

Graph and download economic data for Current Account Balance: Total Trade of Goods for Australia (DISCONTINUED) (BPBLTD01AUA636S) from 1960 to 2013 about current account, BOP, Australia, trade, and goods.

This dataset provides values for BALANCE OF TRADE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Australia Trade Balance: Services: Philippines data was reported at 820.000 AUD mn in 2023. This records an increase from the previous number of -199.000 AUD mn for 2022. Australia Trade Balance: Services: Philippines data is updated yearly, averaging -65.000 AUD mn from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 820.000 AUD mn in 2023 and a record low of -242.000 AUD mn in 2013. Australia Trade Balance: Services: Philippines data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.TISP: Trade in Services: Trade Balance: by Country: OECD Member: Annual.

The average for 2023 based on 5 countries was -32.76 percent. The highest value was in Australia: 5.36 percent and the lowest value was in Kiribati: -85.09 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

Australia's total Imports in 2024 were valued at US$296.48 Billion, according to the United Nations COMTRADE database on international trade. Australia's main import partners were: China, the United States and Japan. The top three import commodities were: Vehicles other than railway, tramway; Machinery, nuclear reactors, boilers and Mineral fuels, oils, distillation products. Total Exports were valued at US$340.85 Billion. In 2024, Australia had a trade surplus of US$44.37 Billion.

Australia Trade Balance: Advanced Economies: United States data was reported at -15.506 USD bn in 2017. This records a decrease from the previous number of -10.775 USD bn for 2016. Australia Trade Balance: Advanced Economies: United States data is updated yearly, averaging -3.180 USD bn from Dec 1948 (Median) to 2017, with 70 observations. The data reached an all-time high of 152.660 USD mn in 1951 and a record low of -21.492 USD bn in 2012. Australia Trade Balance: Advanced Economies: United States data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Australia – Table AU.IMF.DOT: Trade Balance: by Country: Annual.

Australia Trade Balance: Advanced Economies: Japan data was reported at 16.366 USD bn in 2017. This records an increase from the previous number of 7.891 USD bn for 2016. Australia Trade Balance: Advanced Economies: Japan data is updated yearly, averaging 1.247 USD bn from Dec 1948 (Median) to 2017, with 70 observations. The data reached an all-time high of 32.456 USD bn in 2011 and a record low of 9.210 USD mn in 1948. Australia Trade Balance: Advanced Economies: Japan data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Australia – Table AU.IMF.DOT: Trade Balance: by Country: Annual.