Australia recorded a trade surplus of 7310 AUD Million in July 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.

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 ************** 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.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Australia (XTNTVA01AUQ667S) from Q1 1957 to Q2 2025 about Australia, trade, Net, and goods.

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.

Australia Trade Balance: Advanced Economies: United Kingdom data was reported at -349.306 USD mn in May 2018. This records a decrease from the previous number of -214.626 USD mn for Apr 2018. Australia Trade Balance: Advanced Economies: United Kingdom data is updated monthly, averaging -88.906 USD mn from Mar 1960 (Median) to May 2018, with 600 observations. The data reached an all-time high of 1.023 USD bn in May 2010 and a record low of -739.452 USD mn in Aug 2007. Australia Trade Balance: Advanced Economies: United Kingdom 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: Monthly.

Australia Trade Balance: Goods data was reported at 10,859.000 AUD mn in Mar 2025. This records an increase from the previous number of 2,367.000 AUD mn for Feb 2025. Australia Trade Balance: Goods data is updated monthly, averaging 36.000 AUD mn from Jul 1971 (Median) to Mar 2025, with 645 observations. The data reached an all-time high of 21,080.000 AUD mn in Jun 2022 and a record low of -4,277.000 AUD mn in Oct 2007. Australia Trade Balance: Goods data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.JA001: Trade Balance: BOP Basis: BPM6.

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.

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.

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: 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.

Historical dataset showing Australia trade balance by year from 1960 to 2023.

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.

View monthly updates and historical trends for Australia Balance on Merchandise Trade with China. Source: Australian Bureau of Statistics. Track economic …

In 2024, Taiwan racked up its largest trade surplus from mainland China and Hong Kong, amounting to around 70 billion U.S. dollars. During the same period, Taiwan recorded a total trade deficit of around 20.6 billion U.S. dollars with Japan.

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.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Australia (AUSXTNTVA01CXMLM) from Jan 1957 to Jul 2025 about Australia and trade.

View monthly updates and historical trends for Australia Balance on Merchandise Trade with Japan. Source: Australian Bureau of Statistics. Track economic …

In 2024, China had a trade deficit of approximately 70 billion U.S. dollars in merchandise trade with Australia. This trade deficit was mainly driven by Australian mineral exports to China.