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5368.0 - International Trade in Goods and Services, Australia, Mar 2015 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 05/05/2015 Released Today  
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MARCH KEY FIGURES

Jan 2015
Feb 2015
Mar 2015
Feb 15 to Mar 15
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
-1 135
-1 194
-1 227
-3
Seasonally adjusted
-1 135
-1 609
-1 322
18
CREDITS (Exports of goods & services)
Trend estimates
27 299
27 413
27 480
-
Seasonally adjusted
27 421
27 632
27 217
-2
DEBITS (Imports of goods & services)
Trend estimates
28 434
28 607
28 707
-
Seasonally adjusted
28 556
29 241
28 539
-2

- 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



MARCH KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a deficit of $1,227m in March 2015, an increase of $33m (3%) on the deficit in February 2015.
  • In seasonally adjusted terms, the balance on goods and services was a deficit of $1,322m in March 2015, a decrease of $287m (18%) on the deficit in February 2015.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits fell $415m (2%) to $27,217m. Non-rural goods fell $393m (2%) and rural goods fell $81m (2%). Non-monetary gold rose $18m (1%). Net exports of goods under merchanting remained steady at $34m. Services credits rose $42m (1%).


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits fell $702m (2%) to $28,539m. Intermediate and other merchandise goods fell $385m (4%), capital goods fell $238m (4%) and consumption goods fell $208m (3%). Non-monetary gold rose $14m (4%). Services debits rose $115m (2%).


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
April 2015 4 June 2015
May 2015 2 July 2015
June 2015 4 August 2015
July 2015 3 September 2015
August 2015 6 October 2015
September 2015 4 November 2015



REVISIONS

See the Revisions section for details.


CHANGES IN THIS AND FORTHCOMING ISSUES

Changes in this issue:
  • impacts on services due to delays of Overseas Arrivals and Departures (OAD) data.

Changes in forthcoming issues:
  • delays of Overseas Arrivals and Departures (OAD) data
  • proposed changes to Customs Tariff import classification
  • PDF version of the publication.

See the Changes in this and forthcoming issues section for details.


VALUE ADJUSTMENTS

See the Value adjustments section for details.


RELATED RELEASES

The data cubes International Trade in Services by Country, by State and by Detailed Services Category, Calendar Year, 2014 (cat. no. 5368.0.55.004) will be released on 22 June 2015 and will be accessible on the ABS website. These data cubes have been delayed due to delays of Overseas Arrivals and Departures (OAD) data.


PRIVACY

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INQUIRIES

For further information contact Balance of Payments on Canberra (02) 62525540 for Goods, and International Trade in Services on Hobart (03) 6222 5926 for Services.


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Commonwealth of Australia 2015

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