ABS Update: Trade Surplus Surge to $5.8 billion in Australia in November 2019

  • Jan 09, 2020 AEDT
  • Team Kalkine

A recent update by the Australian Bureau of Statistics (ABS) has revealed that Australia's trade surplus rose to $5.8 billion in November 2019 in seasonally adjusted terms, $1.72 billion larger than the surplus in October 2019.

The data also incorporated the following:

  • Seasonally Adjusted goods and services credits improve by $0.7 billion to $40.89 billion.
  • Goods and services debits dip by 3 per cent or $1.02 billion to $35.09 billion in seasonally adjusted terms.

 

 

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