India, March 6 -- Australia's trade surplus increased in January as exports rose amid a fall in imports, official data showed on Thursday.
The trade surplus rose to A$5.62 billion in January from A$4.92 billion in December, the Australian Bureau of Statistics said.
In the same period last year, the trade balance posted a surplus of A$9.39 billion.
Exports posted a monthly growth of 1.3 percent driven by non-monetary gold. At the same time, imports dropped 0.3 percent due to a 7.7 percent decrease in inflows of capital goods.
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