Trade data from Australia for June 2025.

A huge surplus, way beyond estimates.

5,365mn

• expected 3,250mn, prior 2,238mn

Exports +6.0% m/m, this is the quickest pace of increase since September 2022

Imports -3.1%, both consumer and capital goods imports fell

That imports result could be cause for concerns, a healthy economy usually likes to suck in yummy imports.