Australia posted a seasonally adjusted merchandise trade deficit of A$2.410 billion in July, the Australian Bureau of Statistics said on Thursday - a 26 percent improvement over the previous month.
That beat forecasts for a shortfall of A$2.700 billion following the A$3.195 billion deficit in June.
Exports were up A$719 million or 3.0 percent on month to A$26.425 billion.
Non-monetary gold surged A$912 million (62 percent), while rural goods added A$42 million (1 percent) and net exports of goods under merchanting spiked A$6 million (21 percent).
Non-rural goods slid A$249 million (2 percent), while services credits climbed A$8 million.
Imports were roughly flat at A$28.835 billion - down A$122 million from a month earlier.
Consumption goods shed A$511 million (6 percent). Intermediate and other merchandise goods climbed A$231 million (3 percent), while capital goods added A$78 million (2 percent) and non-monetary gold spiked A$30 million (6 percent).
Services debits gained A$50 million (1 percent).
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December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.