FX.co ★ Australia Trade Surplus Slightly Above Estimates

In December 2025, Australia's goods trade surplus expanded to AUD 3.37 billion, a rise from the revised figure of AUD 2.60 billion recorded in November. This outcome slightly exceeded market predictions, which anticipated a surplus of AUD 3.3 billion. The increase was fueled by a growth in exports combined with a reduction in imports. Specifically, exports increased by 1.0% month-over-month, reaching AUD 44.63 billion in December, recovering from a 4.0% decline seen in November, which had been previously revised upward. This rebound was mainly attributed to a stronger performance in metal ores and minerals. Conversely, imports experienced a 0.8% decrease, dropping to a three-month nadir of AUD 41.26 billion, after witnessing a 2.4% rise in October's revised figures. This decrease was primarily due to a decline in other merchandise goods.