FX.co ★ Australia Exports Hit 5-Month Low

In February 2025, Australia's exports of goods declined by 3.6% from the previous month, reaching a five-month low of AUD 42.31 billion. This was a reversal from the 0.8% upward revision seen in January. Notably, there was a significant decrease in non-monetary gold exports, plunging by 21.4% to AUD 4.21 billion. Exports of non-rural goods also experienced a decline of 2.3%, totaling AUD 31.10 billion. This downturn was driven by reduced sales in metal ores and minerals (down 2.9%), coal, coke, and briquettes (falling 6.7%), and other categories such as other manufactured goods (-0.2%), metals (-0.9%), and a steep drop in other non-rural goods (-19.5%). However, there was some positive movement with an increase in exports for other mineral fuels (up 0.6%) and machinery (up 4.6%). In contrast, the export of rural goods saw an increase of 4.4%, amounting to AUD 6.95 billion. This was supported by growth in cereal grains and preparations (up 2.7%), wool and sheepskin (up 14.6%), and meat and meat preparations (up 19.7%), despite a 5.6% decrease in other rural goods exports.