Commodities drives Australia’s trade surplus higher

Thursday 1 November 2018

The Australian Bureau of Statistics (ABS) today released trade data for the month of September, with Australia’s trade surplus rising to $3,017 million in September from $2,342 million in August:

Over the September quarter, Australia recorded a trade surplus of $7,266 million – a $3,100 increase over the June quarter:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.