Australia’s net exports contribution to economic growth remained unchanged in the fourth quarter of 2025, holding at -0.1%. The reading matches the previous quarter’s figure from the third quarter of 2025, indicating that trade had a neutral-to-slightly-negative impact on overall GDP growth over the second half of the year.
The flat reading suggests there was no material shift in the balance between exports and imports between the third and fourth quarters, with external demand and import dynamics effectively offsetting each other. While net exports did not deepen as a drag on growth, they also failed to provide a positive boost to the economy.
The data, updated on 3 March 2026, will be closely watched by market participants and policymakers for signs of whether Australia’s trade position could strengthen in subsequent quarters, particularly against the backdrop of global economic uncertainty and shifting commodity demand.
