Dow Jones Newswires: Australia posts a further record trade surplus in June


By James Glynn

SYDNEY–Australia posted another record goods and services trade surplus of 17.67 billion Australian dollars (US$12.28 billion) in June, supported by a further big jump in iron-ore exports.

The trade surplus rose A$2.654 billion from May, with the value of exports up 5.1% for the month to A$61.527 billion, the Australian Bureau of Statistics said Thursday.

The surge in exports was led by non-monetary gold and metals ores.

The value of imports rose 0.7% to A$43.857 billion as the number of Australians leaving the country in June outpaced the number of international travelers coming back in, the ABS said.

Write to James Glynn at

This article was originally published by Read the original article here.

Previous articleBiden administration has reunited 400 children separated from families at border
Next articleDatadog tops earnings expectations, but stock falls with guidance seen as conservative


Please enter your comment!
Please enter your name here