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Australia fruit & veg export values increase by $235m

Australia experienced its first trade surplus since March 2014 back in November. The country moved into the black and according to ABS, a surplus of $1.243 was reported, which was a notable improvement on the $500 million deficit that many economists had predicted.

Export value joined the surplus in the increase with a boost of 8% totaling around $30 billion while the import values remained relatively unchanged around $28 billion.

The ABS reported oleaginous fruits had increased by $253 million, beating out those for vegetables and fruit which rose by a smaller $235 million.

source: businessinsider.com.au

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