According to the data released by Australian Bureau of Statistics, the country's gross export value in July was stable month on month on the whole. However, in July Australia's iron ore export value decreased slightly, while its gold export value rose sharply, both as compared to June.
In July, Australia's gross export value totaled A$217.75 billion ($225.57 billion), changing little as compared to A$220.47 billion ($228.38 billion) in June. Also in July, Australia's iron ore export value amounted to A$52.72 billion ($54.61 billion), decreasing slightly as compared to A$55.53 billion ($57.52 billion) in the previous month. Meanwhile, Australia's gold export value in July reached A$12.76 billion ($13.22 billion), increasing strongly as compared to A$6.95 billion ($7.20 billion) in June.