MINING WEELKY | New data by the Australian Bureau of Statistics (ABS) has shown that while the value of exports and imports of goods both decreased in April, demand for resource commodities remained strong.
The preliminary international trade figures show that exports fell A$4-billion, or 12%, from the record high figure in March 2020 of A$35.7-billion.
Driving the decrease was a A$1.7-billion decrease in exports of non-monetary gold following significant trade last month. Smaller decreases were also observed in other major resource commodities including iron-ore, coal, gas and petroleum, the ABS said.
To read the full article, click here.