The seasonally adjusted balance on goods decreased $4,401m in May. • Goods credits (exports) decreased $3,224m (6.9%) driven by Non-monetary gold and Metal ores and minerals. • Goods debits (imports) increased $1,177m (2.6%) driven by Non-industrial transport equipment and Civil aircraft and confidentialised items. • This is the second seasonally adjusted trade in goods deficit in 2026 and the first deficit on an original basis since January 2018. {table} Non-rural goods fell $954m (2.9%), driven by Metal ores and minerals, down $1,345m (9.0%). {tables}{charts} Rural goods rose $168m (2.6%), driven by Meat and meat ... (full story)