Australia’s trade surplus narrows to AUD 0.50 billion in August 2026

  • Australia’s seasonally adjusted goods trade surplus narrowed to AUD 0.50 billion in August 2026.
  • Imports climbed 5.8% to AUD 46.94 billion, outpacing exports, which rose 3.7% to AUD 47.43 billion.
  • Exports reached a 29-month high, led by non-monetary gold and coal, while rural shipments declined.

Australia’s seasonally adjusted goods trade surplus narrowed to AUD 495 million, or about AUD 0.50 billion, in August 2026 from AUD 1.35 billion in July, well below forecasts for AUD 2 billion. Imports rose 5.8% month over month to AUD 46.94 billion, led by capital goods and non-monetary gold, while exports increased 3.7% to AUD 47.43 billion, a 29-month high, supported by non-monetary gold and coal, coke and briquettes. The AUD/USD pair was little changed after the data.

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