5368.0 - International Trade in Goods and Services, Australia, Jan 2019 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 07/03/2019   
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JANUARY KEY FIGURES

Nov 2018
Dec 2018
Jan 2019
Dec 18 to Jan 19
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
2 908
3 284
3 684
12
Seasonally adjusted
2 206
3 769
4 549
21
CREDITS (Exports of goods & services)
Trend estimates
38 299
38 652
38 991
1
Seasonally adjusted
38 477
38 036
39 937
5
DEBITS (Imports of goods & services)
Trend estimates
35 391
35 368
35 307
-
Seasonally adjusted
36 271
34 267
35 388
3

- 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



JANUARY KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a surplus of $3,684m in January 2019, an increase of $400m on the surplus in December 2018.
  • In seasonally adjusted terms, the balance on goods and services was a surplus of $4,549m in January 2019, an increase of $780m on the surplus in December 2018.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits rose $1,901m (5%) to $39,937m. Non-monetary gold rose $1,373m, non-rural goods rose $396m (2%) and rural goods rose $97m (2%). Net exports of goods under merchanting fell $12m (33%). Services credits rose $46m (1%).


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits rose $1,121m (3%) to $35,388m. Capital goods rose $737m (12%), consumption goods rose $483m (6%) and intermediate and other merchandise goods rose $157m (1%). Non-monetary gold fell $65m (13%). Services debits fell $191m (2%).


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
February 2019 3 April 2019
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


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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.