LOGO
LOGO

Global Economic News

Australia Has A$4.801 Billion Trade Surplus

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Australia posted a seasonally adjusted merchandise trade surplus of A$4.801 billion in February, the Australian Bureau of Statistics said on Wednesday.

That beat expectations for a surplus of A$3.70 billion and was up from A$4.549 billion in January.

Exports were flat on month at A$39.833 billion. Non-rural goods rose A$127 million, while non-monetary gold fell A$142 million (7 percent) and rural goods fell A$44 million (1 percent). Net exports of goods under merchanting remained steady at A$10 million. Services credits rose A$136 million (2 percent).

Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial - No Payment Required
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19