# Australia Posts Record Trade Surplus - Sharecafe

> Australia recorded its largest monthly trade surplus on record in December 2016, at A$3.51 billion, up from A$1.2 billion in November. Exports rose 5% to A$32.6 billion on higher volumes and strong commodity prices, while imports rose 1%.

- Date: 2017-02-02 · published 2017-02-02T12:00:00.000Z
- Category: trade · region Australia · magnitude low
- Page: https://feedsoft.ai/events/72770-australia-posts-record-trade-surplus-sharecafe
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Strong export volumes and commodity prices support the AUD and point to firm Australian export flows. The result reflects temporary commodity gains rather than a durable change in trade balance.

## Read by commodity

- AUDUSD: bullish ▲

## Sources

- sharecafe.com.au: https://www.sharecafe.com.au/2017/02/03/australia-posts-record-trade-surplus/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
