Australian Exports Jumped 29% in March
Australia's goods exports rose sharply in March as the resource-rich country shipped more iron ore to China and more gold to Hong Kong and the UK, preliminary data on Thursday showed.
The Australian Bureau of Statistics said exports of goods jumped 29% in original terms in March to A$36.1 billion ($22.79 billion), following declines in January and February.
Exports of non-rural goods rose A$4.8 billion, or 20%, with a notable increase in iron ore shipments to China, while exports of non-monetary gold climbed by A$2.5 billion, or 225%.
($1 = 1.5843 Australian dollars)
(Reporting by Wayne Cole; Editing by Kim Coghill)