5368.0 - International Trade in Goods and Services, Australia, Aug 2015 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 06/10/2015   
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AUGUST KEY FIGURES

Jun 2015
Jul 2015
Aug 2015
Jul 15 to Aug 15
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
-3 239
-3 272
-3 250
1
Seasonally adjusted
-3 346
-2 792
-3 095
-11
CREDITS (Exports of goods & services)
Trend estimates
25 951
26 025
26 148
-
Seasonally adjusted
25 974
26 639
26 509
-
DEBITS (Imports of goods & services)
Trend estimates
29 190
29 297
29 398
-
Seasonally adjusted
29 320
29 431
29 604
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



AUGUST KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a deficit of $3,250m in August 2015, a decrease of $22m (1%) on the deficit in July 2015.
  • In seasonally adjusted terms, the balance on goods and services was a deficit of $3,095m in August 2015, an increase of $303m (11%) on the deficit in July 2015.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits fell $130m to $26,509m. Non-monetary gold fell $316m (19%). Rural goods rose $96m (3%) and non-rural goods rose $77m. Net exports of goods under merchanting remained steady at $36m. Services credits rose $13m.


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits rose $173m (1%) to $29,604m. Consumption goods rose $139m (2%), intermediate and other merchandise goods rose $67m (1%) and non-monetary gold rose $26m (8%). Capital goods fell $30m (1%). Services debits fell $29m.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
September 2015 4 November 2015
October 2015 3 December 2015
November 2015 7 January 2016
December 2015 3 February 2016
January 2016 3 March 2016
February 2016 5 April 2016



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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.