The Australian Bureau of Statistics (ABS) released trade data for the month of September, which registered a rebound in Australia’s trade surplus to $5,630 million amid rising exports and falling imports:
Specifically, exports rose $1,265 million (4%) to $33,737 million.
- non-monetary gold rose $989m (72%)
- non-rural goods rose $207m (1%)
- net exports of goods under merchanting rose $2m (13%)
- rural goods fell $50m (2%)
- services credits rose $117m (2%).
