Allison Jackson | April 02, 2009
Article from: The Australian

EXPORTS bounced 4 per cent in February on soaring gold export prices and a weaker Aussie dollar, widening the trade surplus to $2.1 billion.

Economists had expected the trade surplus to shrink to $700 million from $926 million in January.
Imports slipped 1 per cent, figures released today by the Australian Bureau of Statistics showed.

Gold exports soared 55 per cent in February as nervous investors sought shelter in the safe-haven asset, and was the main reason for the turnaround in total exports.