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FX.co ★ Australia’s Export Growth Cools in September, Slipping to 2.3% MoM

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typeContent_19130:::2026-11-05T00:30:00

Australia’s Export Growth Cools in September, Slipping to 2.3% MoM

Australia’s export growth slowed in September 2026, with the indicator easing to 2.3% month-over-month, down from 3.7% in August 2026. The latest figures, updated on 5 November 2026, point to a moderation in the pace of export expansion after a stronger performance in the previous month.

The comparison is made on a month-over-month basis, meaning September’s 2.3% reflects the change from August to September, while the earlier 3.7% figure captured the change from July to August. The deceleration suggests that although exports continued to rise, they did so at a slower rate than in late winter, signaling a potential easing in external demand or a normalization after a stronger burst of activity.

Analysts and market participants will be watching upcoming releases closely to see whether September’s softer reading marks the start of a trend or a temporary pause in Australia’s export momentum. For now, the data shows that export growth remains positive, but with less vigor than the previous month’s performance.

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