In May 2026 Australia recorded a seasonally adjusted trade‑in‑goods deficit of $4,401 million, the second deficit of the year and the first on an original basis since January 2018. Exports fell by $3,224 million (6.9 %), mainly driven by lower shipments of non‑monetary gold and metal ores and minerals. Imports rose by $1,177 million (2.6 %), with increases in non‑industrial transport equipment, civil aircraft and confidentialised items. The balance on goods moved from a surplus of $1,383 million in April to a deficit of $3,018 million in May. These figures are based on the Australian Bureau of Statistics’ international merchandise trade data, seasonally adjusted to reflect typical monthly variations.
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This article is a summary of content originally published by the Australian Bureau of Statistics.
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