Exports of goods and services from Australia soared 5 percent from a month earlier to a new peak of AUD 45.95 billion in July 2021, amid solid overseas demand in the aftermath of COVID-19 disruptions and rising commodity prices. Sales of non-rural goods jumped by 7 percent to AUD 34.17 billion, driven by metal ores & minerals (4 percent); coal, coke, and briquettes (16 percent), and other mineral fuels (22 percent). Also, exports of rural goods climbed 6 percent to AUD 4.98 billion, led by meat and meat preparations (8 percent), other rural (8 percent), and wool and sheepskins and other rural (12 percent). Meantime, net exports of goods under merchanting were unchanged at AUD 37 million. In contrast, shipments of non-monetary gold dropped 3 percent to AUD 2.08 billion, and those of services fell 2 percent to AUD 4.33 billion, dragged down by travel (-17 percent). source: Australian Bureau of Statistics
Exports in Australia averaged 12599.60 AUD Million from 1971 until 2021, reaching an all time high of 45951 AUD Million in July of 2021 and a record low of 435 AUD Million in October of 1971. This page provides the latest reported value for - Australia Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Exports - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Exports in Australia is expected to be 42500.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Exports is projected to trend around 42000.00 AUD Million in 2022, according to our econometric models.