The Trade Deficit Befall To Australia

The Australian Bureau of Statistics (ABS) on Friday reported the first monthly trade

deficit in one year, on the back of falling iron-ore and coal exports.ABS reported a trade deficit of A$673-million in January, compared with a revised surplus of $1.32-billion in December.Iron-ore lump exports fell A$414-million, or 27%, between December and January, with quantities down 25% and unit values down 3%. Lump exports to China fell A$218-million, or 24%, with quantities down 24%, while exports to Japan fell A$132-million, or 34%, with quantities down 26% and unit values down 10%.The value of iron-ore fines exports fell A$831-million, or 22%, with quantities down 20% and unit values down 2%. Exports to China fell A$709-million, or 25%, with quantities down 23% and unit values down 2%, while exports to the Republic of Korea were down A$65-million, or 20%, with quantities down 9% and unit values down 12%.Hard coking coal exports rose by A$42-million, or 2%, with quantities up 4% and unit values down 2%. Exports to China increased by A$61-million, or 23%, with quantities up 14% and unit values up 8%.Hard coal exports to Taiwan rose by A$57-million, or 92%, with quantities up 113% and unit values down 10%. Partly offsetting these rises were exports to Japan, which fell by A$72-million, or 11%, with quantities down 10% and unit values down 2%.Semi-soft coal exports fell by A$78-million, or 9%, with quantities down 7% and unit values down 2%. Exports to China fell A$108-million, or 49%, with quantities down 48% and unit values down 2%.Meanwhile, ABS reported that thermal coal exports fell by A$235-million, or 14%, with quantities down 12% and unit values down 2%. Exports to China fell A$145-million, or 51%, with quantities down 45% and unit values down 11%.The ABS reported that overall, Australias goods and services exports fell by 8.2% between December and January, while imports fell only 1.1%, creating a trade deficit of A$673-million for the month.As the professional manufacturer of complete sets of mining machinery, such as Artificial sand maker,Impact breaker,Jaw crushers, Henan Hongxing is always doing the best in products and service.Cement making machine:http://www.hxjq-crusher.com/ Vibratory feeder:http://www.crusher-machine.com/7.html

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