Australia recorded a $6.9 billion surplus on its goods and services trade in 2025, its first full‑year surplus in several years. Total exports rose 3.1 % to $665.2 billion, while imports increased 6.9 % to $658.3 billion. China, Japan, the United States, South Korea and India accounted for nearly 60 % of exports, with the U.S. post‑war surge pushing its share up 46 %. For imports, China, the U.S., Japan, Singapore and Thailand made up almost 49 %, driven by a 21 % rise from Singapore. In services trade, Australia ran a $37.5 billion deficit; exports climbed 11 % to $142.1 billion and imports 8 % to $179.5 billion. China and the U.S. were the largest service export partners, while the U.S. and the U.K. dominated imports.
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