Main PageJuly 2, 2026

Australia’s trade blows out to big deficit vs. surplus expected

Australia Trade data for May 2026. Just the data in this post.

Trade Balance -AUD3018mn, largest deficit in over a decade

  • expected $2175mn, prior $1791mn

Exports -6.9% m/m, exports of gold and iron ore fell sharply

  • prior +7.2%

Imports +2.6%% m/m, led by cars, aircraft and telecoms while fuel imports remained high

  • prior +0.8%

This article was written by Eamonn Sheridan at investinglive.com.