5368.0 - International Trade in Goods and Services, Australia, May 2014 Quality Declaration
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 02/07/2014
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MAY KEY POINTS
BALANCE ON GOODS AND SERVICES
CREDITS (EXPORTS OF GOODS AND SERVICES)
DEBITS (IMPORTS OF GOODS AND SERVICES)
Revisions have been made to incorporate the latest data relating to international trade in goods and services since the last issue of this publication:
Table 17 summarises revisions to goods and services on a balance of payments basis, in original current price terms, since the last issue of this publication. In original terms, the revisions have increased the deficit on goods and services for the ten months to April 2014 by $488m.
CHANGES IN THIS ISSUE
Changes to Custom Tariff Free Standing Descriptors.
See the Changes in this issue for details.
Adjustments have been made to the value of 'metal ores and minerals', 'coal, coke and briquettes' and 'capital goods n.e.s.' in the balance of payments series.
See the Value adjustments for details.
INFORMATION PAPER: REVISION TO CORRESPONDENCES TO AHECC AND CUSTOMS TARIFF
Information Paper: Revision to correspondences to AHECC and Customs Tariff (cat. no. 5368.0.55.021) was released on 23 June 2014. The paper outlines the changes to the correspondences between these classifications and the Standard International Trade Classification Rev. 4. The changes are to bring the correspondences in line with the international standard. The ABS will implement the changes in the August 2014 reference month.
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