|Medium||$1.551 B||$1.338 B||
Australia Trade Balance shows the difference between exports and imports of goods and services for a given period, in monetary terms.
A positive balance value indicates a trade surplus, while a negative one hints at a trade deficit. Australia's GDP largely depends on commodity exports, and the growth of exports is good for the national economy. Therefore, the indicator growth can have a positive effect on AUD quotes.
The chart of the entire available history of the "Australia Trade Balance" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.
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The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.