5368.0 - International Trade in Goods and Services, Australia, Jan 2018 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 08/03/2018   
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JANUARY KEY FIGURES

Nov 2017
Dec 2017
Jan 2018
Dec 17 to Jan 18
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
256
149
94
-37
Seasonally adjusted
252
-1 146
1 055
(a)..
CREDITS (Exports of goods & services)
Trend estimates
32 411
32 688
33 000
1
Seasonally adjusted
31 975
32 530
33 924
4
DEBITS (Imports of goods & services)
Trend estimates
32 155
32 539
32 907
1
Seasonally adjusted
31 722
33 676
32 869
-2

. . not applicable
(a) See paragraph 15 of the Explanatory Notes.

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 $94m in January 2018, a decrease of $55m on the surplus in December 2017.
  • In seasonally adjusted terms, the balance on goods and services was a surplus of $1,055m in January 2018, a turnaround of $2,201m on the deficit in December 2017.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits rose $1,394m (4%) to $33,924m. Non-rural goods rose $869m (4%) and non-monetary gold rose $770m (54%). Rural goods fell $312m (8%) and net exports of goods under merchanting fell $9m (17%). Services credits rose $77m (1%).


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits fell $807m (2%) to $32,869m. Consumption goods fell $586m (7%), non-monetary gold fell $95m (19%), capital goods fell $90m (1%) and intermediate and other merchandise goods fell $68m (1%). Services debits rose $31m.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
February 2018 5 April 2018
March 2018 3 May 2018
April 2018 7 June 2018
May 2018 4 July 2018
June 2018 2 August 2018
July 2018 6 September 2018



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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.