RTTNews | Oct 4, 2021 11:05PM EDT

23:04 Monday, October 4, 2021 (RTTNews.com) - Australia posted a merchandise trade surplus of A$15.077 billion in August, the Australian Bureau of Statistics said on Tuesday.

That easily exceeded expectations for a surplus of A$10.3 billion and was up from A$12.117 billion in July.

Exports were up 4.0 percent on month or A$1.923 billion to A$48.524 billion after rising 5.0 percent a month earlier.

Imports fell 1.0 percent on month or A$506 million to A$33.446 billion after rising 3.0 percent in July.

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