Australia’s international merchandise imports in June were A$18.4 billion (about $17.0 billion), falling 8 percent from $18.5 billion in May, according to the Australian Bureau of Statistics.
In seasonally adjusted terms, goods imports fell 2 percent between May and June to $18.6 billion. Intermediate and other merchandise goods fell 7 percent to $552.2 million, with fuels and lubricants down 14 percent to $451.6 million. Non-monetary gold dropped 14 percent, while capital goods rose 3 percent and consumption goods rose 1 percent.
Gains in unclassified commodities and transactions were not able to offset month-over-month drops in food and live animals; beverages and tobacco; crude materials (inedible, except fuels); mineral fuels, lubricants and related materials; chemicals and related products; manufactured goods; machinery and transport equipment; and miscellaneous manufactured articles. In addition, imports of animal and vegetable oils, fats and waxes were flat from May to June.