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Trade Balance
- Balance of Payments
- Building Approvals
- Construction Work Done
- Consumer Price Index
- Export Price Index
- Gross Domestic Product
- Home Loans
- House Price Index
- Import Price Index
- Labour Price Index
- NAB Business Confidence
- New Motor Vehicle Sales
- Private Sector Credit
- Producer Price Index
- Purchasing Managers Index
- RBA Interest Rate Decision
- Retail Sales
- Service PMI
- Trade Balance
- Unemployment Rate
- Westpac-Melbourne Institute Coincident Index
- Westpac-Melbourne Institute Leading Index
- Westpac Consumer Confidence
Trade Balance
The trade balance figure is simply the difference between the amount of exported and imported goods and services for the reported month.
If the trade balance is positive, it means that the economy is doing well and the trade balance is in a state of surplus. A negative trade balance (deficit) reflects badly on the economic processes, on the exchange rate of the national currency, on trust and creditworthiness of the country. Trade balance is measured directly in monetary units of the country in which this indicator is released. Accordingly, Australia's trade balance is measured in Australian dollars.
- Release Frequency: monthly.
- Release Schedule: 01:30 GMT, near the end of every month.
- Source: Australian Bureau of Statistics.