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Australia recorded a trade surplus of 5365 AUD Million in June 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 2014 to 2024. 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 ***** billion U.S. dollars.
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Key information about Australia's Trade Balance
In 2024, China had a trade deficit of approximately ** billion U.S. dollars in merchandise trade with Australia. This trade deficit was mainly driven by Australian mineral exports to China.
In 2023, Japan recorded a deficit in goods and service trade with Australia valued at more than ************** 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.
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Australia: Trade balance as percent of GDP: The latest value from 2024 is 2.1 percent, a decline from 4.37 percent in 2023. In comparison, the world average is -3.07 percent, based on data from 134 countries. Historically, the average for Australia from 1960 to 2024 is -0.54 percent. The minimum value, -3.29 percent, was reached in 1982 while the maximum of 5.24 percent was recorded in 2022.
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Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Australia (XTNTVA01AUQ667S) from Q1 1957 to Q1 2025 about Australia, trade, Net, and goods.
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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.
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Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Australia (XTNTVA01AUM667S) from Jan 1958 to Jun 2025 about Australia, trade, Net, and goods.
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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.
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Historical dataset showing Australia trade balance by year from 1960 to 2023.
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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 shows the difference between exports and imports of goods and services for a given period, in monetary terms. A positive balance value indicates a trade surplus, while a
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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.
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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.
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 **** billion U.S. dollars with Australia.
The U.S. goods trade deficit with China increased by nearly ** billion U.S. dollars in 2024, as China still had the biggest impact on U.S. bilateral trade. This is according to seasonally adjusted trade date from within the United States. Following the results of the U.S. elections in 2024, discussions surfaced on the potential of tariffs for countries that have a large trade surplus with the United States. The president-elect stated that trade tariffs of ** percent and ** percent might be implemented for goods from China or Mexico, respectively. The effects of such measures on the forecast GDP growth across the world were not yet clear. In Europe, however, Germany might be the most affected economy when the U.S. does implement tariffs.
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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.
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The United States recorded a trade deficit of 60.18 USD Billion in June of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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This dataset provides values for TRADE BALANCE TOTAL 1 TREND reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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Australia recorded a trade surplus of 5365 AUD Million in June 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.