Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
5368.0 - International Trade in Goods and Services, Australia, Aug 2009  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 06/10/2009   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

ANALYSIS AND COMMENTS


BALANCE ON GOODS AND SERVICES

The trend estimate of the balance on goods and services was a deficit of $1,722m in August 2009, an increase of $436m (34%) on a revised deficit in July 2009.

In seasonally adjusted terms, the balance on goods and services was a deficit of $1,524m in August 2009, a decrease of $259m (15%) on a revised deficit in July 2009.


EXPORTS OF GOODS AND SERVICES

Between July 2009 and August 2009 the trend estimate of goods and services credits fell $498m (3%) to $19,029m.

In seasonally adjusted terms, goods and services credits fell $357m (2%) to $19,325m. Non-rural goods fell $318m (3%), rural goods fell $62m (3%) and non-monetary gold fell $6m (1%). Services credits rose $29m (1%).


Exports of goods

GOODS CREDITS
Graph: GOODS CREDITS


RURAL GOODS

In trend terms, exports of rural goods fell $70m (3%) to $2,167m.

In seasonally adjusted terms, exports of rural goods fell $62m (3%) to $2,153m.

The main component contributing to the fall in the seasonally adjusted estimates was other rural, down $65m (7%).

In original terms, exports of rural goods fell $23m (1%) to $2,086m.

NON-RURAL GOODS

In trend terms, exports of non-rural goods fell $271m (2%) to $11,619m.

In seasonally adjusted terms, exports of non-rural goods fell $318m (3%) to $11,793m.

The main components contributing to the fall in seasonally adjusted estimates were:
  • coal, coke & briquettes, down $248m (8%)
  • other non-rural (incl. sugar and beverages), down $50m (6%)
  • other mineral fuels, down $49m (4%)
  • metal ores and minerals, down $49m (1%).

Partly offsetting these decreases were:
  • metals (excl. non-monetary gold), up $76m (10%)
  • transport equipment, up $57m (19%).

In original terms, exports of non-rural goods fell $34m to $12,191m.

NET EXPORTS OF GOODS UNDER MERCHANTING

In trend terms, net exports of goods under merchanting fell $1m (4%) to $23m.

In both original terms and seasonally adjusted terms, net exports of goods under merchanting remained steady at $25m.

NON-MONETARY GOLD

In trend terms, exports of non-monetary gold fell $169m (19%) to $729m.

In both original terms and seasonally adjusted terms, non-monetary gold fell $6m (1%) to $829m.


Exports of services
SERVICES CREDITS
Graph: SERVICES CREDITS


In trend terms, services credits rose $13m to $4,490m.

In seasonally adjusted terms, services credits rose $29m (1%) to $4,525m.

The components contributing to the rise in the seasonally adjusted estimates were:
  • travel services, up $34m (1%)
  • maintenance and repair services n.i.e., up $4m (80%)
  • other services, up $3m.

Partly offsetting these rises were:
  • transport services, down $7m (1%)
  • manufacturing services on physical inputs owned by others, down $4m (14%).

In seasonally adjusted terms, tourism related services credits rose $34m (1%) to $2,985m.


IMPORTS OF GOODS AND SERVICES

Between July 2009 and August 2009 the trend estimate of goods and services debits fell $61m to $20,752m.

In seasonally adjusted terms, goods and services debits fell $615m (3%) to $20,849m. Intermediate and other merchandise goods fell $729m (10%) and consumption goods fell $305m (6%). Non-monetary gold rose $300m (118%), capital goods rose $83m (2%) and services debits rose $35m (1%).


Imports of goods
GOODS DEBITS
Graph: GOODS DEBITS


CONSUMPTION GOODS

In trend terms, imports of consumption goods rose $34m (1%) to $5,184m.

In seasonally adjusted terms, imports of consumption goods fell $305m (6%) to $4,981m.

The main components contributing to the fall in the seasonally adjusted estimates were:
  • consumption goods n.e.s., down $153m (9%)
  • non-industrial transport equipment, down $87m (8%)
  • textiles, clothing and footwear, down $42m (6%).

In original terms, imports of consumption goods fell $490m (9%) to $4,923m.

CAPITAL GOODS

In trend terms, imports of capital goods fell $21m (1%) to $3,644m.

In seasonally adjusted terms, imports of capital goods rose $83m (2%) to $3,905m.

The component contributing to the rise in the seasonally adjusted estimates was capital goods n.e.s., up $231m (26%).

Partly offsetting this rise were:
  • industrial transport equipment n.e.s., down $59m (14%)
  • machinery and industrial equipment, down $52m (4%)
  • ADP equipment, down $31m (5%).

In original terms, imports of capital goods fell $113m (3%) to $3,732m.

INTERMEDIATE AND OTHER MERCHANDISE GOODS

In trend terms, imports of intermediate and other merchandise goods fell $13m to $6,925m.

In seasonally adjusted terms, imports of intermediate and other merchandise goods fell $729m (10%) to $6,651m.

The main components contributing to the fall in the seasonally adjusted estimates were:
  • fuels and lubricants, down $592m (24%)
  • processed industrial supplies n.e.s., down $91m (6%)
  • other parts for capital goods, down $34m (3%).

Partly offsetting these falls was the primary industrial supplies n.e.s. component, up $44m (56%).

In original terms the fall in the fuels and lubricants component was driven by crude petroleum, down $364m (26%) with volumes down 24% and prices down 2% and refined petroleum products, down $216m (24%) with volumes down 25% and prices up 2%.

In original terms, imports of intermediate and other merchandise goods fell $904m (12%) to $6,541m.

NON-MONETARY GOLD

In trend terms, imports of non-monetary gold fell $104m (25%) to $304m.

In both original terms and seasonally adjusted terms, non-monetary gold debits rose $300m (118%) to $555m.


Imports of services
SERVICES DEBITS
Graph: SERVICES DEBITS


In trend terms, services debits rose $42m (1%) to $4,695m.

In seasonally adjusted terms, services debits rose $35m (1%) to $4,757m.

The components contributing to the rise in the seasonally adjusted estimates were:
  • travel services, up $32m (2%)
  • other services, up $9m (1%).

Partly offsetting these increases was the transport services component, down $6m (1%).

In seasonally adjusted terms, tourism related services debits rose $48m (2%) to $2,488m.


Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.