Australia’s trade surplus rose above market expectations in December by millions.
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November 2011 saw another trade surplus recorded for Australia, making it the ninth consecutive monthly trade surplus in 2011 and a welcome report at the start of the new year.
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Australia’s strong trade performance persisted throughout October, in the face of a strong Australian dollar and uncertain global economic conditions, with a $1.6 billion surplus, according to figures from the ABS.
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Australia’s total goods and services exports almost reached $300 billion in the 2010/2011 financial year. This is an increase of more than 17 percent year-on-year.
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Australia has recorded a trade surplus of $1.8 billion for July, influenced by their ongoing engagement with regional partners.
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The world is “licking its lips” for Australian resources making predictions of economic doom and gloom for the May budget unrealistic, a leading economic forecaster has said.
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The Australian dollar rose 1.5 cents against the US dollar yesterday evening following the release of official data showing that Australia had recorded its first trade surplus for more than a year. According to the Australian Bureau of Statistics (ABS), the balance of goods and services recorded a surplus of $134 million in April, seasonally [...]
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Figures from April show that China’s exports once again bettered its imports, after it recorded a trade deficit in March. China’s US$1.7 billion surplus last month followed a US$7.2 billion deficit in March and provided some comfort to economists, many of whom has expected another deficit. Compared with the same month last year, April’s exports [...]
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The 16-country eurozone has posted a surprise trade surplus after an unexpected increase in exports, according to September figures released by the EU’s official statistics office, Eurostat. The surplus of 3.7 billion euros defied to analysts’ forecasts of a EU2 billion-euro deficit. Combined with data showing a 0.4 percent growth rate in the September quarter [...]
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According to the federal statistics office, Germany’s trade surplus soared by 12 percent in July with exports gaining 2.3 percent from the previous month.
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