Australia’s trade surplus narrowed to 7,280M MoM in March versus 10,400M expected and 11,027M in the previous reading, according to the latest Aussie foreign trade data published by the Australian Bureau of Statistics on Friday.

Further details reveal that Australia's March Goods/Services Exports reprint -2.2% figures on a monthly basis versus 1.6% prior. The nation’s Goods/Services Imports grew 4.8% in March MoM versus 1.3% prior.