5368.0 - International Trade in Goods and Services, Australia, Nov 2010 Quality Declaration
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 11/01/2011
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NOVEMBER KEY POINTS
BALANCE ON GOODS AND SERVICES
CREDITS (EXPORTS OF GOODS & SERVICES)
DEBITS (IMPORTS OF GOODS & SERVICES)
Revisions have been made to incorporate the latest data relating to international merchandise trade and international trade in services. The international trade in goods and services on a balance of payments basis series have been revised from July 2009 onwards.
Table 17 summarises revisions to goods and services on a balance of payments basis, in original current price terms, since the last issue of this publication, for the last three financial years and six months. In original terms, the revisions have:
Seasonally adjusted and trend series have been revised due to the incorporation of the revisions and estimates for the latest month.
IRON ORE AND COAL PRICES
An adjustment has been made to the value of the 'metal ores and minerals' component in the balance of payments series. See the section Commodity prices adjustment for details.
CONCEPTS, SOURCES AND METHODS PUBLICATION
The next issue of Balance of Payments and International Investment Position, Australia: Concepts, Sources and Methods - 2011 (cat. no. 5331.0), is scheduled to be released on 8 March 2011. This issue will describe the concepts, sources and methods used to compile the balance of payments statistics in this publication which are on a Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6) basis.
CHANGES IN FORTHCOMING ISSUES
The December 2010 issue of this publication will introduce changes to the OECD country group for merchandise trade series with both Israel and Estonia now included as members. Israel and Estonia will be included from the December 2010 reference month in the OECD data in table 14 of this publication and time series spreadsheet tables 14a, 14b, 36a to 36j and 37a to 37h. Both countries will be included in the OECD data for the complete merchandise trade time series (i.e. date from January 1988). The treatment in the annual international trade in services country data cubes will be revised when they are released.
For further information contact Selvi Sekhar on Canberra (02) 6252 5540 for Goods, and Lee Taylor on Canberra (02) 6252 6377 for Services.
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