Insights for Australia

MoM insights: In the month-on-month analysis, exports from Australia totaled 41.77 billion AUD, showing a slight increase of 188 million AUD, which corresponds to a 0.45% increase. This indicates a positive trend in export activities. The top three highest export values were 41.77 billion AUD, while the lowest was 41.58 billion AUD. On the other hand, imports totaled 36.52 billion AUD, experiencing a significant decrease of 5.46 billion AUD, which is a 12.99% decline. The highest import value was 41.98 billion AUD, while the lowest was 36.52 billion AUD. This stark contrast between exports and imports suggests a tightening trade balance for the month.

YoY insights: In the year-on-year analysis, exports remained at 41.77 billion AUD, with a notable increase of 3.34 billion AUD, reflecting an 8.68% growth. The top three highest export values were 41.77 billion AUD, 41.44 billion AUD, and 41.10 billion AUD, while the lowest was 38.43 billion AUD. Imports also increased, totaling 36.52 billion AUD, with a rise of 2.42 billion AUD, which is a 7.08% increase. The highest import values were 36.52 billion AUD, 34.10 billion AUD, and 33.50 billion AUD, while the lowest was 34.10 billion AUD. This year-on-year growth in both exports and imports indicates a recovering trade environment.