Insights for Australia

MoM insights: In May 2026, Australia's trade values showed a mixed performance. For imports, the highest increase was from China with a trade value of 10.69B AUD, reflecting a month-on-month increase of 1.11B AUD (11.59%). Other notable increases included imports from Unknown (1.02B AUD, 652M AUD increase, 177.66%) and Singapore (2.25B AUD, 558M AUD increase, 32.99%). Conversely, the largest declines were seen in imports from South Korea (2.81B AUD, down 1.86B AUD, -39.84%), Malaysia (2.53B AUD, down 595M AUD, -19.06%), and Thailand (1.81B AUD, down 501M AUD, -21.71%). For exports, the top increases were from the United States (2.08B AUD, up 286M AUD, 15.95%), Vietnam (1.05B AUD, up 152M AUD, 16.95%), and Unknown (805M AUD, up 116M AUD, 16.84%). The largest decreases were in exports to Hong Kong (2.53B AUD, down 484M AUD, -16.06%), South Korea (3.47B AUD, down 481M AUD, -12.18%), and Chinese Taipei (1.22B AUD, down 450M AUD, -26.96%).

YoY insights: Year-on-year comparisons for May 2026 revealed significant changes. For imports, the highest increases were from Singapore (2.25B AUD, up 855M AUD, 61.33%), South Korea (2.81B AUD, up 835M AUD, 42.34%), and Malaysia (2.53B AUD, up 742M AUD, 41.57%). The largest declines were from Australia (81M AUD, down 361M AUD, -81.67%), the United States (4.63B AUD, down 227M AUD, -4.67%), and Indonesia (382M AUD, down 139M AUD, -26.68%). For exports, the top increases were from China (16.8B AUD, up 1.96B AUD, 13.24%), Hong Kong (2.53B AUD, up 802M AUD, 46.41%), and Japan (4.65B AUD, up 514M AUD, 12.42%). The largest declines were seen in Channel Islands (220M AUD, down 1.35B AUD, -85.95%), India (1.32B AUD, down 304M AUD, -18.68%), and Switzerland (151M AUD, down 269M AUD, -64.05%).