The figure vastly exceeded analyst predictions and is a steep lift from the downwardly revised 2.5 billion U.S. dollar surplus in February. "In the current situation with the various factors that have hit global trade in recent weeks and months at times you have to expect the unexpected and ...
The structure of exports from Australia to China reveals the dominance of primary products with the structure of imports from this country reflecting the over-reliance on manufacturing goods. This has restrained and led to fluctuations in the balance of trade surplus in Australia thereby leading to ...
Australia’s trade surplus Australia records a trade surplus of over US$3 billion. In 2022, Australia exported just over US$7 billion of goods to Indonesia. More than US$3 billion of this was attributed to the exports of cereals and mineral fuels and products of their distillation. Find Bus...
"The latest Chinese data is encouraging with both exports and imports well up on a year ago and the trade surplus expanding as well as beating forecasts," James said. "China is Australia's largest trading partner and a strong Chinese economy is in our interests."...
viaAsia-Pacific leaders ink world’s largest trade deal without India while China is accused of ‘conquest’ – Politics – ABC News (Australian Broadcasting Corporation) “The fundamentals are good”economy makes global news for tanking. (ODT) ...
Even if wine trade with China resumed in full today, Australian producers would face a much-changed market, which is why Tim Ford, the CEO of Treasury Wine Estates, Australia’s biggest group, says that although China will eventually be re-established as a major market, the process will ...
If Australia produces highly sought after exports, then its currency will gain in value purely from the surplus demand created from foreign buyers seeking to purchase its exports versus what it spends to purchase imports. Therefore, a positive net Trade Balance strengthens th...
Baidu, Beijing, China Baidu is China's Google, with services that span search, multimedia and discussion forums. And with revenues in the billions, it's the blue chip investment in the Chinese market. So while many may not have heard of Baidu, it's a powerhouse in the Chinese market ...
The Australian dollar found some support however after official data showed that China's trade surplus widened unexpectedly in August to $49.8 billion from $47.3 billion the previous month. Exports rose at an annualized rate of 9.4% last month, compared to expectations for a 8.0% rise. ...
Current Trade Balance, a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. If a steady demand in exchange for AUD exports is seen, that would turn into a positive growth in the trade balance, an...