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Actual | Forecast | Previous | Revised Form | |
| -1.18B | -1.57B | -2.17B | -2.25B | ||
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For January
(s.a.)
Imports m/m: pr. 6% (Dec), -3% (Nov), -1% (Oct), 5% (Sep)
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| 6/3 | 7/1 | 8/4 | 9/2 | 10/5 | 11/4 | 12/8 | 1/6 | 2/2 | 3/3 | ||
| Actual | -0.09B | -0.56B | -0.44B | -1.56B | -1.52B | -1.85B | -2.38B | -1.70B | -2.25B | -1.18B | |
| Forecast | 1.70B | -0.10B | -0.79B | -0.80B | -0.89B | -2.16B | -1.78B | -1.79B | -2.36B | -1.57B | |
| Previous | 2.30B | -0.28B | -0.74B | -0.54B | -1.78B | -1.65B | -1.85B | -2.08B | -1.73B | -2.17B | |
| Revised From | 2.50B | -0.09B | -0.56B | -0.44B | -1.56B | -1.52B | N/A | -2.38B | -1.70B | -2.25B | |
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Actual | Forecast | Previous | Revised Form | |
| -2.25B | -2.36B | -1.73B | -1.70B | ||
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For December
(s.a.)
Imports m/m: 6%, pr. -3% (Nov), -1% (Oct), 5% (Sep), -3% (Aug),
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Actual | Forecast | Previous | Revised Form | |
| -1.70B | -1.79B | -2.08B | -2.38B | ||
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For November
(s.a.)
Imports m/m: -3%, pr. -1% (Oct), 5% (Sep), -3% (Aug), 4% (Jul),
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Actual | Forecast | Previous | Revised Form | |
| -2.38B | -1.78B | -1.85B | N/A | ||
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For October
(s.a.)
Imports m/m: -1%, pr. 5% (Sep), -3% (Aug), 4% (Jul), -4% (May),
Australia's trade deficit widened in October as the country exported 12% less coal and 8% less iron ore. The trade shortfall swelled to A$2.38 billion, which was larger than expected, and a large increase from September's figure. Exports declined from about A$20.2 billion in September to A$19.5 billion in October, while imports fell about A$150 million. Therefore the 3% slide in exports was not offset by the 1% slide in imports. The report did show that volumes of exports were relatively steady and it was a decline in prices that was responsible for the decline. That could mean a bounce back as commodity prices recover. |
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Actual | Forecast | Previous | Revised Form | |
| -1.85B | -2.16B | -1.65B | -1.52B | ||
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For September
(s.a.)
Imports m/m: pr. -3% (Aug), 4% (Jul), -4% (May), -2% (Apr),
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Actual | Forecast | Previous | Revised Form | |
| -1.52B | -0.89B | -1.78B | -1.56B | ||
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For August
(s.a.)
Imports m/m: -3%, pr. 4% (Jul), -4% (May), -2% (Apr). -3% (Mar),
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Actual | Forecast | Previous | Revised Form | |
| -1.56B | -0.80B | -0.54B | -0.44B | ||
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For July
(s.a.)
Imports m/m: pr. -4% (May), -2% (Apr). -3% (Mar), -1% (Feb),
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Actual | Forecast | Previous | Revised Form | |
| -0.44B | -0.79B | -0.74B | -0.56B | ||
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For June
(s.a.)
Imports m/m: pr. -4% (May), -2% (Apr). -3% (Mar), -1% (Feb),
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Actual | Forecast | Previous | Revised Form | |
| -0.56B | -0.10B | -0.28B | -0.09B | ||
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For May
(s.a.)
Imports m/m: -4%, pr. -2% (apr). -3% (Mar), -1% (Feb), -7% (Jan),
Australia's trade balance posted its biggest deficit since July 2008 in the May period. The trade deficit widened to a seasonally-adjusted 556 million Australian dollars ($449 million), as exports continued their slide. Exports were down 5% continuing the weak demand seen in April when they slid 11%. The global economic slowdown has sapped demand for Australia's commodities, depriving Australia's economy of a key sector for growth. Imports were down 4% as well, which worked to offset some of the decline in exports. Australian mining and energy companies, which flourished during the commodity rally in 2008, will now face headwinds until growth in developing nations like China starts to pick up. AUD/USD - 1 Hour Chart - July 2nd - 12:20AM ET
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Actual | Forecast | Previous | Revised Form | |
| -0.09B | 1.70B | 2.30B | 2.50B | ||
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For April
Imports m/m: -2%. pr. -3% (Mar), -1% (Feb), -7% (Jan), -2% (Dec),
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