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

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.