BALANCE OF MERCHANDISE TRADE
In March 2010, the balance of international merchandise trade (i.e. the value of exports less the value of imports) for Victoria was a deficit of $3,019m. The value of the state's merchandise exports was $1,886m, while merchandise imports totalled $4,904m. Compared with March 2009, Victoria's trade deficit in March 2010 was $431m (16.7%) higher, with a rise in the value of exports (up $123m, or 7.0%) being offset by a larger rise in the value of imports (up $553m, or 12.7%). Victoria recorded an average monthly trade deficit of $2,785m for the 12 months ending March 2010.
At the national level, the value of imports was 4.2% higher in March 2010 compared with March 2009, while the value of exports (including re-exports) was 18.2% lower over the same period.
Balance of international merchandise trade(a)
In 2008-09, Victoria's trade deficit was $36,082m, an increase of $562m (1.6%) over the previous financial year. The state's exports decreased by $164m (0.8%) while imports increased by $399m (0.7%).
View underlying table as an Excel spreadsheet: Download
Balance of international merchandise trade from the
Downloads Page.
Print Page
Print All