24/05/2016
Australia’s recent export performance
Towards the end of last year we took a detailed look at how Australian exports performed in FY 2014-15. This post updates that earlier analysis to take a preliminary look at developments in calendar year 2015.1 To begin, it’s worth noting that most of the key trends identified as influencing developments in FY2014-15 also applied through 2015 as a whole. For example, growth in
Australia Exports | 1971-2016 | Data | Chart | Calendar | Forecast | News
Exports in Australia rose AUD1,084 million (+4 percent month-on-month) to AUD26,529 million in March of 2016. Non-monetary gold rose AUD659 million (+58 percent) and non-rural goods rose AUD356 million (+2 percent). Rural goods fell AUD85 million (-2 percent) and net exports of goods under merchanting fell AUD1 million (-3 percent). Services credits rose AUD155 million (+3 percent). Exports in Australia averaged 9700.74 AUD Million
China flags greater appetite for Australian goods, including bottled water
China has flagged an even greater appetite for Australian dairy products and other goods as consumer demand surges for high quality agricultural imports from Down Under. Bank of China executive vice-president Gao Yingxin told a conference in Sydney this morning that Australia remains well positioned to feed China given its history of “riding on the sheep’s back”. “Australia is endowed with a mild climate,