It's early days, of coure, but this suggests that GDP in the first quarter of 2016 might be quite upbeat too.
Remarkably the FOB value of coal exports was higher than that of iron ore in January, a state of affairs that has not been commonplace since 2010.
This has also been reflected in a sharp decline in Western Australia's trade balance after a remarkable boom. As ever, the eastern states continue to rack up deficits.
In rolling annual terms, the original (i.e. not seasonally adjusted) figures shows Queensland's trade balance continuing to improve steadily to a 44-month high.