Australia's trade surplus for goods expanded to AUD 4.39 billion in October 2025, increasing from a revised AUD 3.71 billion in September and exceeding market forecasts of AUD 4.2 billion. This represents the largest trade surplus since July, driven by a more significant rise in exports compared to imports. Export figures surged by 3.4% from the previous month, reaching a two-year peak at AUD 45.98 billion in October, following a revised 7.6% growth in September. Meanwhile, imports experienced a 1.3% climb, setting a new record at AUD 41.59 billion ahead of the holiday period, after a revised 0.3% increase in September.