5368.0 - International Trade in Goods and Services, Australia, Aug 2016 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 06/10/2016   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

AUGUST KEY FIGURES

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

BALANCE ON GOODS AND SERVICES
Trend estimates
-2 229
-2 231
-2 239
-
Seasonally adjusted
-3 183
-2 121
-2 010
5
CREDITS (Exports of goods & services)
Trend estimates
26 372
26 567
26 729
1
Seasonally adjusted
25 795
26 846
26 856
-
DEBITS (Imports of goods & services)
Trend estimates
28 601
28 797
28 968
1
Seasonally adjusted
28 978
28 967
28 866
-

- 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 $2,239m in August 2016, an increase of $8m on the deficit in July 2016.
  • In seasonally adjusted terms, the balance on goods and services was a deficit of $2,010m in August 2016, a decrease of $111m (5%) on the deficit in July 2016.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits rose $10m to $26,856m. Non-rural goods rose $406m (3%) and rural goods rose $36m (1%). Non-monetary gold fell $521m (22%). Net exports of goods under merchanting remained steady at $47m. Services credits rose $90m (1%).


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits fell $101m to $28,866m. Intermediate and other merchandise goods fell $295m (3%), capital goods fell $76m (1%) and consumption goods fell $16m. Non-monetary gold rose $218m (42%). Services debits rose $68m (1%).


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
September 2016 3 November 2016
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



PRIVACY

The ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to the ABS.


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.