Australia October trade balance +A$4502m vs +A$6500m expected

Author: Adam Button | Category: News

Australian trade balance data for October 2019:

New Zealand trade balance
  • Prior was A$7180m
  • Imports - flat
  • Exports -5%
That's not a pretty picture as the month-to-month trade surplus was cut by 62%.

Exports to China make up about 40% of the Australian total.

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