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Australia Balance of Trade climbed to 1.93B in June 2026, released August 2026, up 4.3B from May's -2.37B reading. The print exceeded the -1.1B consensus by 3.03B. Balance of Trade has now risen for 3 consecutive months. The reading is in the 16th percentile of the trailing 24-month range.
across last 12 releases
Aug 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| AUD/NZD | ▲ Direct | +0.38 | FOREX | Moves with | → View |
| USD/JPY | ▲ Direct | +0.31 | FOREX | Moves with | → View |
| S&P/ASX 200 | ▲ Direct | +0.28 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Balance of Trade (Australia) was reported at 1.93 billion in August 2026. This beat the market consensus of -1.10 billion by 3.03 billion. The reading rose from the previous value of -2.37 billion. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 3.58 billion, ranging from 1.79 billion to 7.31 billion across 10 releases. This is classified as a high-impact indicator released on a monthly basis.
The trailing three releases averaged 3.14 billion, up from the prior three at 2.98 billion. Volatility over the past year (σ 1.72 billion) is higher than the prior year (σ 1.06 billion). In August readings over the past 3 years, Balance of Trade has averaged 4.29 billion.
Historically, this indicator is positively correlated with AUD/NZD (Bullish AUD). A secondary relationship exists with USD/JPY, positively correlated (Bullish USD). Over the last 12 releases, the Sigmacast model's median absolute error is 1.40 billion.
The next release is scheduled for September 3, 2026. Same-country events in the next 14 days include NAB Business Confidence (Aug 11) and Interest Rate Decision (Aug 11).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
The Balance of Trade is a financial indicator that measures the difference between a country's exports and imports of goods and services. It is an important measure of a country's economic health and can indicate whether a country is running a trade surplus or deficit. A positive balance of trade indicates that a country is exporting more than it is importing, while a negative balance of trade suggests the opposite. This indicator is closely monitored by economists and policymakers as it can impact a country's currency value, inflation, and overall economic growth.
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
Latest reading (Jun 2026): actual 1.929 M, consensus -1.1 M. Prior reading (Apr 2026): 1.791 M. Before that (Mar 2026): -1.841 M.
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary headwind in the current projection.
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
| Tuesday, August 11, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 01:30 | NAB Business Confidence | -5 | -6 | -2.00 | High | ||
| 04:30 | Interest Rate Decision | 4.35 | 4.35 | 4.35 | High | ||
| Friday, August 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 01:30 | Home Loans QoQ | -4.3 | -2.3 | -7.00 | Medium | ||
| 01:30 | Investment Lending for Homes | -3 | -6.4 | -9.70 | Medium | ||