5368.0 - International Trade in Goods and Services, Australia, Mar 2010
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 06/05/2010
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MARCH KEY POINTS
BALANCE ON GOODS AND SERVICES
CREDITS (EXPORTS OF GOODS & SERVICES)
DEBITS (IMPORTS OF GOODS & SERVICES)
Table 17 summarises revisions, in original current price terms, since the last issue of this publication, for the last three financial years and last six months.
Revisions have been made to incorporate the latest data relating to merchandise trade and international trade in services. In original terms, these revisions have:
Seasonally adjusted and trend series are revised due to the incorporation of revised estimates, incorporation of estimates for the latest month and the rederivation of seasonal factors under the concurrent seasonal adjustment methodology.
CHANGES IN FORTHCOMING ISSUES
The May 2010 issue of this publication and the June quarter 2010 issue of Balance of Payments and International Investment Position, Australia (cat. no. 5302.0) will introduce a change of treatment for the civil aircraft component. A new component 'Civil aircraft and confidentialised items' will be introduced. It will include Civil aircraft for all periods, and from July 2008 will include all commodities subject to a 'no commodity details' or 'no value details' restriction. This change will affect the statistics presented in Capital goods n.e.s. from December 2008 and Other merchandise goods for July and August 2008, but will not revise the total value of goods debits.
All civil aircraft have been confidentialised since December 2008, and therefore the components making up the 'Civil aircraft and confidentialised items' series will not be available at a lower level on a balance of payments basis.
CHANGES IN TRADE IN SERVICES DATA CUBES
Calendar year trade in services data cubes (cat. no. 5368.0.55.004) previously included Table 9 which provided detailed services data on a calendar year basis. These datacubes are released and therefore updated with revisions once a year. Since the November 2009 issue, this publication presents quarterly detailed services, from which users can compile calendar or financial year data at any point in time, enabling the latest revisions to be included in the estimates. As a result, the previous table 9 will no longer be issued and tables in the calendar year data cubes, due for release on 14 May 2010, will be re-numbered. Tables 10, 11 and 12 will now be released as Tables 9, 10 and 11.
For further information contact Olivia Lam on Canberra (02) 6252 7406 for Goods, and Fleur Butt on Canberra (02) 6252 5427 for Services.
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