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Australia Trade Surplus Falls to AUD 2.63 Billion in February
Australia’s balance of trade for February 2026 registered a surplus of AUD 2.63 billion, missing the consensus estimate of AUD 4.2 billion. This result marks a decline from January’s surplus of AUD 3.37 billion, representing a decrease of AUD 0.74 billion month-over-month. The February figure continues a downward trend from recent months, though the trade balance remains in positive territory. Weaker export growth, particularly in key commodities, contributed to the reduced surplus. Compared to the 12-month rolling average of AUD 51.62 billion, February’s result is significantly lower, reflecting ongoing headwinds in Australia’s external sector. Market participants are monitoring Reserve Bank of Australia communications and upcoming economic releases for further direction. Updated 3/5/26
