Today Australian Bureau of Statistics has released statistics about international trade in goods and services, on a balance of payments and international trade basis. According to the Australian Bureau of Statistics, the seasonally adjusted balance on goods and services surplus increased by AU$458 million to AU$13,201 million in November 2022 as compared to AU$12,743 million in October 2022.
The imports of goods and services declined by AU$683 million to 46,147 million as compared to AU$46,830 million in October 2022. Australia’s exports of goods and services were reported at AU$59,348 million, a 0.4% decline as compared to AU$59,573 million in October 2022.
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