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Australia Balance of Trade fell to 0.5B in August 2026, released October 2026, down 0.86B from July's 1.35B reading. The reading missed the 2B consensus by 1.51B. The print is running well below the 12-month average of 3.28B. The reading is in the 7th percentile of the trailing 24-month range.
across last 12 releases
Oct 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P/ASX 200 | ▲ Direct | +0.30 | 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 0.50 billion in October 2026. This missed the market consensus of 2.00 billion by 1.51 billion. The reading fell from the previous value of 1.35 billion. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged 2.91 billion, ranging from 0.50 billion to 5.69 billion across 10 releases. This is classified as a high-impact indicator released on a monthly basis.
The indicator has been trending downward over the last three releases. The trailing three releases averaged 1.45 billion, down from the prior three at 3.37 billion. Volatility over the past year (σ 1.42 billion) is lower than the prior year (σ 1.61 billion). In October readings over the past 3 years, Balance of Trade has averaged 2.65 billion.
Historically, this indicator is positively correlated with S&P/ASX 200 (Bullish S&P). Over the last 12 releases, the Sigmacast model's median absolute error is 1.40 billion.
The next release is scheduled for November 5, 2026. Same-country events in the next 14 days include CFTC AUD speculative net positions (Oct 30) and Building Permits MoM (Nov 2).
Auto-generated from current model state · Refreshes on each release · Last update October 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 (Aug 2026): actual 0.495 M, consensus 2 M. Prior reading (Jul 2026): 1.923 M. Before that (Jun 2026): 1.929 M.
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend 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
| Thursday, October 29, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 00:30 | Import Prices QoQ | -1.1 | 5.7 | 1.3 | 0.10 | Low | |
| 00:30 | Export Prices QoQ | 1.4 | 1.1 | 1.3 | 1.35 | Low | |
| Friday, October 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 00:30 | Private Sector Credit YoY | 8.4 | 8.4 | 8.2 | 8.32 | Low | |
| 00:30 | Housing Credit MoM | 0.4 | 0.4 | 0.4 | 0.43 | Low | |
| 00:30 | Private Sector Credit MoM | 0.6 | 0.6 | 0.5 | 0.57 | Low | |
| 00:30 | Producer Price Index QoQ | 1.1 | 1.3 | 1 | 1.27 | Medium | |
| 00:30 | Producer Price Index YoY | 3.6 | 3.6 | 4.5 | 4.55 | Low | |