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Australia trade balance by country

11.11.2020
Muntz22343

The U.S. Census Bureau provides data for the Federal, state and local governments as well as voting, redistricting, apportionment and congressional affairs. Geography is central to the work of the Bureau, providing the framework for survey design, sample selection, data collection, tabulation, and dissemination. Trade Balance in Australia Australia - Trade Balance The economy apparently recovered some steam in the fourth quarter of 2019, after weak wage gains and falling fixed investment suppressed growth in the third quarter. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Balance of Trade. This page provides values for Balance of Trade reported in several countries. The table has current values for Balance of Trade, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to historical data The statistic shows Australia's trade balance from 2007 to 2017. The trade balance is the value of goods exports minus the value of goods imports. A positive value indicates a trade surplus, a negative value a trade deficit. In 2017, Australia's trade surplus amounted to around 2.49 billion U.S. dollars. Australia Trade Statistics. It is believed that humans first inhabited the continent of Australia over 40,000 years ago. With annual exports of $195 billion, Australia is the 23rd largest export economy in the world, although, annual imports of $187 billion mean that the country has a positive trade balance of $7.92 billion. The GDP of Australia is $1.2 trillion and this amounts to a GDP per capita of $46,800.

Source:Australian Bureau of Statistics. Australia Trade Balance shows a change between national exports and imports over a selected period. Economists use 

It also contrasts with trade surplus countries such as Germany, which had a 6.7 per cent Australian exports, imports and trade balance as a proportion of GDP. 31 Jan 2020 Month, Exports, Imports, Balance. January 2019, 1,789.2, 885.1, 904.1. February 2019, 1,820.3, 763.7, 1,056.6. March 2019, 2,223.9, 920.2 

U.S. trade deficit (in billions, goods and services) by country in 2017. This is a list of the 20 countries and territories with the largest deficit in current account balance (CAB), based on data from 2017 est. as listed in the CIA World Factbook.

5 Feb 2020 Australia posts December trade and retail data. Bloomberg's James McIntyre reports on “Bloomberg Markets.” (Source: Bloomberg) 17 Jun 2018 India had trade deficit with as many as 10 member countries, including China, South Korea and Australia, of the RCEP grouping of 16 nations. Balance of Trade in Australia averaged -365.32 AUD Million from 1971 until 2020, reaching an all time high of 8073 AUD Million in June of 2019 and a record low of -4206 AUD Million in April of 2015. Australia's trade balance is the difference between what we export and what we import. It is calculated by subtracting the value of the goods and services Australia buys from overseas from the value of the goods and services we sell to other countries. As of December 2019, Australia's trade balance was $5,223 million (seasonally adjusted). Australia exports, imports and trade balance By Country 2018 In 2018, Australia major trading partner countries for exports were China, Japan, Korea, Rep., India and United States and for imports they were China, United States, Japan, Germany and Thailand. Australia's Trade Balance data is updated monthly, available from Jul 1971 to Jan 2020, with an averaged value of -241.2 USD mn. The data reached an all-time high of 5.6 USD bn in Jun 2019 and a record low of -3.8 USD bn in Nov 2012. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Balance of Trade. This page provides values for Balance of Trade reported in several countries. The table has current values for Balance of Trade, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to historical data

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars. Australia trade balance for 2018 was $5.26B, a 35.69% decline from 2017. Australia trade balance for 2017 was $8.18B, a 129.76% decline

1 Jun 2018 A cargo ship leaves China, Australia's top trade partner, to deliver goods takes a look at what Australia's imports and exports bring to the country. to exclude China as a balance to its huge economic gravitational pull, until  4 Sep 2019 Exports were up one per cent for the month on a seasonally adjusted basis, while imports rose three per cent, the Australian Bureau of Statistics  6 Jan 2017 Australian Bureau of Statistics figures show the country enjoyed its biggest positive turnaround in the balance of trade since April 2010, with  1 Mar 2016 The U.S. Census Bureau recently released its data on U.S. trade in goods by Exports are represented in green, imports are represented in red, and the balance (exports - imports) is represented by Australia: $14.2 billion. 5 Feb 2020 Australia posts December trade and retail data. Bloomberg's James McIntyre reports on “Bloomberg Markets.” (Source: Bloomberg) 17 Jun 2018 India had trade deficit with as many as 10 member countries, including China, South Korea and Australia, of the RCEP grouping of 16 nations. Balance of Trade in Australia averaged -365.32 AUD Million from 1971 until 2020, reaching an all time high of 8073 AUD Million in June of 2019 and a record low of -4206 AUD Million in April of 2015.

It also contrasts with trade surplus countries such as Germany, which had a 6.7 per cent Australian exports, imports and trade balance as a proportion of GDP.

Information provided by DFAT. Country brief. A comprehensive overview of political, economic and bilateral and regional trade agreements. » read more at  8 Nov 2019 Australia's trade surplus hit a record $21.1 billion in the three months to to data released on Thursday by the Australian Bureau of Statistics.

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