5368.0 - International Trade in Goods and Services, Australia, Feb 2019 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 03/04/2019   
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FEBRUARY KEY FIGURES

Dec 2018
Jan 2019
Feb 2019
Jan 19 to Feb 19
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
3 495
3 953
4 348
10
Seasonally adjusted
3 853
4 351
4 801
10
CREDITS (Exports of goods & services)
Trend estimates
38 729
39 129
39 466
1
Seasonally adjusted
37 938
39 756
39 833
-
DEBITS (Imports of goods & services)
Trend estimates
35 234
35 176
35 118
-
Seasonally adjusted
34 085
35 406
35 032
-1

- nil or rounded to zero (including null cells)

Balance on Goods and Services
Graph: This graph shows the Balance on Goods and Services for the Trend and Seasonally adjusted series



FEBRUARY KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a surplus of $4,348m in February 2019, an increase of $395m on the surplus in January 2019.
  • In seasonally adjusted terms, the balance on goods and services was a surplus of $4,801m in February 2019, an increase of $450m on the surplus in January 2019.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits rose $77m to $39,833m. Non-rural goods rose $127m. Non-monetary gold fell $142m (7%) and rural goods fell $44m (1%). Net exports of goods under merchanting remained steady at $10m. Services credits rose $136m (2%).


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits fell $374m (1%) to $35,032m. Intermediate and other merchandise goods fell $443m (4%), capital goods fell $155m (2%) and non-monetary gold fell $22m (5%). Consumption goods rose $12m. Services debits rose $235m (3%).


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
March 2019 7 May 2019
April 2019 6 June 2019
May 2019 3 July 2019
June 2019 6 August 2019
July 2019 5 September 2019
August 2019 3 October 2019


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INQUIRIES

For further information contact Balance of Payments at <balance.of.payments@abs.gov.au> for goods, and International Trade in Services at <trade.services@abs.gov.au> for services.