Trade balance from Australia for June 2022
Surplus of AUD 17,670mn
expected 14,000mn, prior 15,965mn
Exports +5% m/m
- expected 0%, prior 9%
Imports +1% m/m
- expected 3.2%, prior 6%
Highest ever trade surplus in a month. Exports way above median central estimate. If there is something to whine about in the figures it'll be the miss on imprts. But wow on exports.