Australia's largest stock trading and investment forum Australia's #1 stock forum

Australia reaches second highest trade surplus in history, page-9

First 9 Last

Share
Profile

Follow
AmbrosePethick

20,062 Posts.

04/05/23

21:07

Post #: 67615080
Share

Originally posted by johngalt815: ↑

Australia’s exports to China surged to record highs in March as the Asian giant sucked in more iron for its steel industry and lowered barriers to thermal coal shipments amid thawing diplomatic relations.

Data released on Thursday showed exports of Australian goods to China hit 19 billion Australian dollars in March, a rise of 31 percent from a year earlier and pipping the previous peak from mid-2021.

The jump helped lift Australia’s total trade surplus to its second-highest on record at 15.3 billion Australian dollars.

https://www.aljazeera.com/economy/2023/5/4/australias-exports-to-china-hit-record-highs-as-barriers-ease

Expand

Brought about by commodities that Labor wants to stop producing.

The irony will no doubt be lost on the 'tards.
23 Upvote

Reply

Top Stories

Trump chides Powell as Goldman call for calm. The RBA must be nervous

Wednesday's HotCopper trends: Trigg $12.5M placement, Domino's shock exit | July 2

ASX Market Close: Another ATH close for Oz bourse on mining rally | July 2

MEU

Double-time: Marmota starts deeper Greenewood drilling days after title transfer

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

First 9 Last

SPONSORED BY