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Australia's trade surplus declined in Nov-2010; to be affected by floods

12-Jan-2011 12:25 PM

Australian Bureau of Statistics stated (12-Jan-2011) Australia's trade surplus declined in Nov-2010 to AUD1.9 billion (USD1.9 billion), down from a revised USD2.6 billion in Oct-2010, as the value of coal exports declined. Meanwhile, exports are expected to be further impacted by flood damage in Queensland in Jan-2011.