FX.co ★ Australia’s Imports Rebound Sharply in March, Swinging from Contraction to 14.1% Growth

Australia’s import activity surged in March 2026, reversing a prior month’s decline and signaling a strong rebound in external demand. According to the latest data updated on 7 May 2026, imports rose 14.1% month-over-month in March, a sharp turnaround from the 3.2% month-over-month contraction recorded in February 2026.

The figures are based on a month-over-month comparison, where the current reading measures the change in March relative to February, while the previous figure reflected February’s change versus January. The swing from -3.2% to 14.1% suggests a notable shift in trade dynamics within a short period, highlighting potential recovery in domestic demand, restocking by businesses, or changes in external trade conditions.

This marked acceleration in imports will be closely watched by analysts assessing the balance of trade and the broader momentum of Australia’s economy as it moves through 2026.