Australia's trade balance deficit narrowed in September recording A$1849 million compared with a previous deficit of A$1651 million that was revised to A$1651 million and it came less than the analyst's forecasts of A$2150 million.

However, export gained 5% in September recording A$20.2 billion as coal shipments surged 9%, while imports inclined by 5% to record A$22.1 billion as consumer goods imports rose 2%, while fuel imports rose 71%. Rising exports is adding to signs of recovery in the Australian economy that expanded 1.0% in the first half of this year.