Australia’s goods exports rose by 3.3% month-over-month to a 21-month high of AUD 46.02 billion in July 2025, following an upwardly revised 6.3% decline in June. The increase was mainly driven by stronger shipments to the US (126.1%), amid front-loading ahead of new US tariffs taking effect. Exports of non-rural goods climbed by 1.9% to AUD 33.06 billion, led by higher sales of coal, coke & briquettes (1.6%), metal ores and minerals (1.5%), other mineral fuels (5.1%), and machinery (4.3%). In addition, exports of non-monetary gold jumped 8.3% to AUD 6.25 billion. Meanwhile, shipments of rural goods grew 5.9% to AUD 6.63 billion, primarily driven by increased sales of meat and meat preparations (7.2%), cereal grains and cereal preparations (2.1%), and other rural products (7.3%). Exports also rose to Japan (+10.4%), South Korea (+11.4%), and Taiwan (+2.2%). By contrast, exports to China — Australia’s top trading partner — declined by 13.6%.