Australia Trade Balance 1960-2024
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
- Australia trade balance for 2023 was $92.42B, a 4.52% decline from 2022.
- Australia trade balance for 2022 was $96.79B, a 46.04% increase from 2021.
- Australia trade balance for 2021 was $66.28B, a 31.39% increase from 2020.
- Australia trade balance for 2020 was $50.44B, a 46.16% increase from 2019.
Australia Trade Balance - Historical Data |
Year |
Billions of US $ |
% of GDP |
2023 |
$92.42B |
5.36% |
2022 |
$96.79B |
5.72% |
2021 |
$66.28B |
4.25% |
2020 |
$50.44B |
3.79% |
2019 |
$34.51B |
2.47% |
2018 |
$5.15B |
0.36% |
2017 |
$6.83B |
0.51% |
2016 |
$-27.41B |
-2.27% |
2015 |
$-19.98B |
-1.48% |
2014 |
$-4.09B |
-0.28% |
2013 |
$-20.54B |
-1.30% |
2012 |
$-2.57B |
-0.17% |
2011 |
$14.47B |
1.03% |
2010 |
$-10.57B |
-0.92% |
2009 |
$2.61B |
0.28% |
2008 |
$-26.92B |
-2.55% |
2007 |
$-14.03B |
-1.64% |
2006 |
$-13.86B |
-1.85% |
2005 |
$-18.87B |
-2.71% |
2004 |
$-16.50B |
-2.68% |
2003 |
$-9.76B |
-2.09% |
2002 |
$0.02B |
0.00% |
2001 |
$0.33B |
0.09% |
2000 |
$-8.97B |
-2.15% |
1999 |
$-9.51B |
-2.44% |
1998 |
$-3.51B |
-0.88% |
1997 |
$1.19B |
0.27% |
1996 |
$-1.82B |
-0.45% |
1995 |
$-7.23B |
-1.96% |
1994 |
$-1.66B |
-0.51% |
1993 |
$-1.00B |
-0.32% |
1992 |
$0.89B |
0.27% |
1991 |
$-0.43B |
-0.13% |
1990 |
$-5.99B |
-1.92% |
1989 |
$-5.49B |
-1.83% |
1988 |
$-1.56B |
-0.66% |
1987 |
$-3.02B |
-1.60% |
1986 |
$-5.59B |
-3.06% |
1985 |
$-3.69B |
-2.04% |
1984 |
$-2.76B |
-1.43% |
1983 |
$-3.60B |
-2.03% |
1982 |
$-6.38B |
-3.29% |
1981 |
$-3.24B |
-1.83% |
1980 |
$0.79B |
0.53% |
1979 |
$-1.41B |
-1.05% |
1978 |
$-1.14B |
-0.96% |
1977 |
$-0.70B |
-0.63% |
1976 |
$0.15B |
0.14% |
1975 |
$-0.44B |
-0.45% |
1974 |
$-0.06B |
-0.06% |
1973 |
$2.00B |
3.13% |
1972 |
$0.44B |
0.85% |
1971 |
$-0.12B |
-0.27% |
1970 |
$-0.10B |
-0.24% |
1969 |
$-0.51B |
-1.38% |
1968 |
$-0.71B |
-2.18% |
1967 |
$-0.31B |
-1.01% |
1966 |
$-0.60B |
-2.19% |
1965 |
$-0.53B |
-2.04% |
1964 |
$0.28B |
1.17% |
1963 |
$-0.18B |
-0.83% |
1962 |
$0.26B |
1.31% |
1961 |
$-0.52B |
-2.62% |
1960 |
$-0.20B |
-1.07% |