Australia posted a seasonally adjusted merchandise trade surplus of A$5.574 billion in March, the Australian Bureau of Statistics said on Tuesday.
That was shy of expectations for a surplus of A$8 billion following the upwardly revised A$7.595 billion surplus in February (originally A$7.529 billion).
Exports were down A$681 million or 2 percent on month to A$38.274 billion after slipping a downwardly revised 1.3 percent in the previous month (originally -1.0 percent).
Imports rose A$1.340 billion or 4.0 percent on month to A$32.700 billion after advancing a downwardly revised 4.7 percent a month earlier (originally 5 percent).
For comments and feedback contact: editorial@rttnews.com
[Economic News][1]
What parts of the world are seeing the best (and worst) economic performances lately? Click[here][2] to check out our [Econ Scorecard][2] and find out! See up-to-the-moment rankings for the best and worst performers in [GDP][2], [unemployment rate][3], [inflation][4] and much more.