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Our global outlook

To identify opportunities and challenges for our business, we monitor the social, financial and geopolitical trends that will shape commodity markets in the short, medium and long term.
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BHP's economic and commodity outlook

Full year 2023


Data and events referenced in this report are current as of August 14, 2023. All references to financial years are June–end, as per BHP reporting standards. For example, “financial year 2023” is the period ending 30 June 2023. All references to dollars or “$” are US dollars unless otherwise stated. The data is compiled from a wide range of publicly available and subscription sources, including national statistical agencies, Bloomberg, Wood Mackenzie, CRU, IEA, ILO, IMF, Argus, CREIS, Fertecon, FastMarkets, SMM, Parker Bay, MySteel, Platts, LME, COMEX, SHFE, ICE, DCE, SGX, and S&P Global, among others.