Australia recorded a seasonally adjusted trade surplus of $2.3 billion in
August 2010, on figures released by the Australian Bureau of Statistics
This represents an increase of 35 per cent on the revised surplus in July
“The trade surplus continues to highlight the underlying strength of the
Australian economy.” Minister for Trade, Craig Emerson said.
“I welcome Australia’s fifth consecutive monthly trade surplus which is the
third-highest on record.
“Australia’s fifth successive monthly trade surplus contrasts with the 75
successive deficits between April 2002 and July 2008.”
Overall, exports of goods and services fell 2 per cent to $24.7
billion. Merchandise exports fell 3 per cent while services exports rose 1
per cent, driven by a rise in travel services.
Imports of goods and services fell 5 per cent to $22.4 billion (reflecting
an 82 per cent fall in other merchandise goods from the July high figure
which contained the delivery of six F/A 18 Super Hornets to the
RAAF). Capital goods imports fell 3 per cent while imports of consumption
goods rose 1 per cent.
- Minister's Office: (02) 6277 4330
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