Australia: Trade surplus shrinks to AUD4,840 million in October, as imports rebound sharply

“For October there is a goods trade surplus of $4,840m (original, current price, merchandise trade basis),” according to the Preliminary October Trade Balance data published by the Australian Bureau of Statistics (ABS) on Tuesday.

Key details

“Exports of goods in October 2020 increased $1,796m (6%) to $30,532m.”

“Imports of goods in October 2020 increased $1,978m (8%) to $25,692m.”

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