The November result of a deficit of A$2.637Bn, slightly more than the -A$2.3Bn expected.

  • Stronger imports of transport equipment (surged 57 percent) outpaced higher exports of iron ore
  • Exports rose 1 percent to A$24.7 billion, led by a 6 percent gain in metal ores and minerals
  • Imports advanced 2 percent to A$27.3 billion on a 6 percent increase in fuels and lubricants
  • Coal shipments abroad dropped 2 percent

Australia Trade Gap Widens More Than Forecast as Imports Gain