Australia Exports m/m

Country:
Australia
AUD, Australian Dollar
Sector:
Trade
Low -4.3%
-11.4%
Last release Importance Actual Forecast
Previous
-4.3%
Next release Actual Forecast
Previous
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Australia Exports m/m reflect a change in the dollar value of goods and services sold by Australian residents abroad in the reported month. The calculation includes direct sales of goods and services as well as barter transactions.

Trade statistics is calculated based on information exporters provide to government agencies. Data are adjusted before being added to the balance of payment. In practice, export statistics calculation is based on goods that undergo the customs procedure and for which a customs declaration is prepared.

The following groups of goods are excluded from the calculation:

  • Temporary exports of goods not for the purpose of selling (such as export of art works for exhibition, horses for racing, etc.; items exported to be repaired)
  • Newspapers and periodicals sent from Australia under direct subscription
  • Vehicles intended for the goods and passengers
  • Goods on digital media (movies, audio recordings, online books, etc.)
  • Waste and scrap having no commercial value
  • Some other items

When exports exceed imports, a trade surplus is formed. It is an indication of high production level. It also shows that the nation produces more goods and services than it can consume.

Australia exports a lot of raw materials, including iron ore and agricultural products. This indicator is an important component of the national GDP. Therefore, a change in exports is one of the important factors in evaluating economic situation.

However, the impact of exports on Australian dollar quotes is ambiguous and depends on the context of business cycles and other economic indicators, such as production dynamics. For example, in economy recession conditions, the country may begin to export more in order to create jobs. In this case, non-residents need to purchase the Australian currency in order to pay to the supplier for export deliveries. Therefore exports growth may have a positive effect on the AUD quotes.

Last values:

actual data

The chart of the entire available history of the "Australia Exports m/m" macroeconomic indicator.

Date (GMT)
Reference
Actual
Forecast
Previous
May 2020
-4.3%
-11.4%
Apr 2020
-11.3%
13.9%
Mar 2020
15.1%
-6.9%
Feb 2020
-4.7%
-2.9%
Jan 2020
-2.8%
1.2%
Dec 2019
1.4%
1.3%
Nov 2019
1.8%
-4.6%
Oct 2019
-5.1%
2.8%
Sep 2019
3.5%
-2.0%
Aug 2019
-3.4%
0.4%
Jul 2019
0.6%
1.4%
Jun 2019
1.4%
4.2%
May 2019
3.6%
1.6%
Apr 2019
2.5%
-1.6%
Mar 2019
-1.8%
0.6%
Feb 2019
0.2%
4.8%
Jan 2019
5.0%
-1.1%
Dec 2018
-1.6%
1.2%
Nov 2018
1.4%
1.1%
Oct 2018
1.3%
0.9%
Sep 2018
0.8%
1.3%
Aug 2018
0.5%
-0.9%
Jul 2018
-1.0%
2.5%
Jun 2018
2.6%
3.7%
May 2018
4.0%
-1.8%
Apr 2018
-2.2%
1.7%
Mar 2018
1.4%
0.7%
Feb 2018
0.0%
4.8%
Jan 2018
4.3%
1.7%
Dec 2017
1.6%
0.5%
Nov 2017
0.4%
-2.7%
Oct 2017
-2.8%
2.7%
Sep 2017
2.9%
0.0%
Aug 2017
1.0%
-2.0%
Jul 2017
-2.0%
-1.0%
Jun 2017
-1.0%
9.0%
May 2017
9.0%
-8.0%
Apr 2017
-8.0%
2.0%
Mar 2017
2.0%
1.0%
Feb 2017
1.0%
-3.0%
Jan 2017
-3.0%
5.0%
Dec 2016
5.0%
8.0%
Nov 2016
8.0%
1.0%
Oct 2016
1.0%
2.0%
Sep 2016
2.0%
0.0%
Aug 2016
0.0%
3.0%
Jul 2016
3.0%
-1.0%
Jun 2016
-1.0%
1.0%
May 2016
1.0%
1.0%
Apr 2016
1.0%
4.0%

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