Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Business
Derek Rose

SHOCKING: Aust trade surplus dropped in august | Mind Blowing Facts

Both imports and exports were up in August, the Australian Bureau of Statistics says. (Mick Tsikas/AAP PHOTOS) (AAP)

Australia's trade surplus dipped by $643 million in August to $8.3 billion, statistics show.

It's the 56th consecutive monthly trade surplus but the second straight month of declines.

The trade surplus fell more sharply in July, from $17.5b to $9b, as imports recovered.

Both imports and exports were up in August, the Australian Bureau of Statistics said on Thursday..

Exports were up 2.6 per cent to $56.8b as thermal coal exports jumped 45.6 per cent.

Imports rose 4.5 per cent to $48.5b, driven by "fuel and lubricants".

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.