FX.co ★ Australia Swings Back to Trade Surplus in April After March Deficit

Australia’s trade position rebounded sharply in April 2026, shifting from a deficit to a solid surplus, according to the latest data released on 4 June 2026. The country’s trade balance moved from a deficit of 1.020 billion AUD in March 2026 to a surplus of 1.790 billion AUD in April.

The turnaround suggests a marked improvement in Australia’s external sector over the month, following the unexpected shortfall recorded in March. While the figures do not detail the drivers behind the swing, the return to surplus in April indicates a stronger net export position heading into the second quarter of 2026.

This shift will be closely watched by financial markets and policymakers, as trade performance plays a key role in broader economic growth metrics and can influence expectations for monetary and fiscal settings in the months ahead.