Global Macro Service > Data Insights > Australia

Trade surplus bounces back in June

After a steep fall in the trade surplus in April and a slight recovery in May, the trade balance has now resoundingly jumped back above the A$1bn mark, to A$1.9bn in June. Strong and broad-based increases in export credits, combined with a fall in intermediate goods and non-monetary gold imports contributed to the large uptick in the trade balance.

To read the full briefing please
If you are not a subscriber, request a free trial of our Global Macro Service by filling out the form below