Australia’s international merchandise imports fell by 6 percent during April, including transport equipment
Australia’s international merchandise imports fell by 6 percent during April, according to the latest statistics released by the Australian Bureau of Statistics (ABS).
In total imports dipped to $16.2 billion, down from March figures which had increased by $700 million to $17.3 billion compared to February.
Machinery and transport equipment followed the trend and dropped from $6.6 billion in March to just under $6 billion last month, but are still up from $5.3 billion in February.
A spokesman for the ABS told ATN the drop can be put down to “tough economic conditions” while the fall in transport and machinery comes off a “high [in the previous month of] March”.