04-June-2026
Economy News
 
Australia April Goods Trade Back in Surplus as Exports Rebound
04-Jun-2026

Australia's balance on goods trade swung back into surplus in April after a surprise deficit the month before, data showed on Thursday, as a rebound in resource exports helped offset a surge in fuel imports. The Australian Bureau of Statistics reported the balance on goods recorded a surplus of A$1.8 billion ($1.28 billion) in April, bang in line with market forecasts. March had seen the first deficit since 2017 at A$1.0 billion.

News Source:- https://money.usnews.com/investing/news/articles/2026-06-03/australia-april-goods-trade-back-in-surplus-as-exports-rebound
 
 
 

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