RTTNews | Nov 3, 2021 08:46PM EDT

20:45 Wednesday, November 3, 2021 (RTTNews.com) - Australia posted a seasonally adjusted merchandise trade surplus of A$12.243 billion in September, the Australian Bureau of Statistics said on Thursday.

That exceeded expectations for a surplus of A$12.2 billion and was down from the A$15.077 billion surplus in August.

Exports were down A$3.081 billion or 6 percent on month to A$44.969 billion.

Imports shed A$586 million or 2 percent to A$32.725 billion.

For the third quarter of 2021, Australia had a trade surplus of A$40.670 billion.

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