Article: Fed: Trade deficit down 36 per cent in May: ABS=2

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Fed: Trade deficit down 36 per cent in May: ABS=2

The bureau said the value of rural exports slipped four per cent, or $68 million, to $1.8 billion.

Wool and sheepskin sales fell 27 per cent, with exports of greasy wool down 36 per cent or $55 million.

Meat products slipped three per cent.

They were offset by a 16 per cent rise in cereal grains exports, with wheat sales up 47 per cent, on a 50 per cent increase in volume.

The non-rural sector lifted five per cent, or $341 million, to $7.3 billion.

Transport equipment exports lifted 47 per cent, other manufactures improved 12 per cent and ...

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