Record two-way trade in 2016-17

Strong growth in the services sector has bolstered and diversified Australia's total trade in goods and services, which reached a new record high in 2016-17 of $735.5 billion.

Australian exports rose 16.8 per cent to $373.2 billion, while imports were valued at $362.1 billion, up 1.4 per cent, according to DFAT's Composition of Trade, Australia 2016-17 report, released today.

• Media release: Record two-way trade in 2016-17
• Publication: Composition of Trade