Trade balance in surplus in June

The Australian Bureau of Statistics has released trade figures for June.

(AAP) Source: AAP

Australia's trade balance has stayed in the black, with a surplus of $602 million in June, official figures show.

That followed a surplus of $507 million in May, the Australian Bureau of Statistics said on Tuesday.

Economists had expected a surplus of $800 million in June.

During the month, exports fell 1.0 per cent, while imports fell 2.0 per cent, the ABS said.