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Australian Trade Balance surplus narrowed to $0,85 billion

Thursday, Aug 03 2017
Australian Trade Balance surplus narrowed to $0,85 billion

In trend terms, the balance on goods and services was a surplus of $1,166m in June 2017, a decrease of $409m on the surplus in May 2017. In seasonally adjusted terms, the balance on goods and services was a surplus of $856m in June 2017, a decrease of $1,168m on the surplus in May 2017.

In seasonally adjusted terms, goods and services credits fell $439m (1%) to $31,779m. Non-rural goods fell $740m (4%) and net exports of goods under merchanting fell $1m (4%). Non-monetary gold rose $406m (27%) and rural goods rose $26m (1%). Services credits fell $129m (2%).

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