5368.0 - International Trade in Goods and Services, Australia, Sep 2016 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 03/11/2016   
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SEPTEMBER KEY FIGURES

Jul 2016
Aug 2016
Sep 2016
Aug 16 to Sep 16
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
-2 052
-1 911
-1 784
7
Seasonally adjusted
-2 043
-1 894
-1 227
35
CREDITS (Exports of goods & services)
Trend estimates
26 649
26 863
27 020
1
Seasonally adjusted
26 917
26 828
27 254
2
DEBITS (Imports of goods & services)
Trend estimates
28 700
28 773
28 804
-
Seasonally adjusted
28 959
28 722
28 481
-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



SEPTEMBER KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a deficit of $1,784m in September 2016, a decrease of $127m (7%) on the deficit in August 2016.
  • In seasonally adjusted terms, the balance on goods and services was a deficit of $1,227m in September 2016, a decrease of $667m (35%) on the deficit in August 2016.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits rose $426m (2%) to $27,254m. Non-rural goods rose $578m (4%) and rural goods rose $174m (5%). Non-monetary gold fell $353m (19%). Net exports of goods under merchanting remained steady at $47m. Services credits rose $29m.


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits fell $241m (1%) to $28,481m. Consumption goods fell $223m (3%), non-monetary gold fell $124m (17%) and capital goods fell $75m (1%). Intermediate and other merchandise goods rose $179m (2%). Services debits rose $3m.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
October 2016 8 December 2016
November 2016 6 January 2017
December 2016 2 February 2017
January 2017 2 March 2017
February 2017 4 April 2017
March 2017 4 May 2017



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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 5706 for Services.