Home > Trade > Aussie trade deficit increases

Aussie trade deficit increases

From the National Australia Bank – The slowdown in China and weak bulk commodity markets has seen Australia’s trade deficit blow out again in recent months, hitting a record in April but remaining very high at a deficit of $2,750mn in May under pressure from Australia’s declining terms of trade from the softening in Chinese import demand (and higher export supply) for Australia’s major bulk resource commodities. Interesting to note the importance of China as an export destination

Aus Exports 2000-16

Advertisements
Categories: Trade Tags:
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: