5368.0 - International Trade in Goods and Services, Australia, Jan 2016 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 03/03/2016   
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JANUARY KEY FIGURES

Nov 2015
Dec 2015
Jan 2016
Dec 15 to Jan 16
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
-3 113
-3 231
-3 364
-4
Seasonally adjusted
-2 801
-3 524
-2 937
17
CREDITS (Exports of goods & services)
Trend estimates
26 146
25 819
25 500
-1
Seasonally adjusted
26 445
25 283
25 549
1
DEBITS (Imports of goods & services)
Trend estimates
29 259
29 050
28 864
-1
Seasonally adjusted
29 246
28 807
28 487
-1


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 deficit of $3,364m in January 2016, an increase of $133m (4%) on the deficit in December 2015.
  • In seasonally adjusted terms, the balance on goods and services was a deficit of $2,937m in January 2016, a decrease of $587m (17%) on the deficit in December 2015.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits rose $266m (1%) to $25,549m. Non-rural goods rose $184m (1%) and non-monetary gold rose $126m (10%). Rural goods fell $39m (1%) and net exports of goods under merchanting fell $2m (14%). Services credits fell $2m.


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits fell $320m (1%) to $28,487m. Intermediate and other merchandise goods fell $92m (1%), capital goods fell $83m (2%), consumption goods fell $81m (1%) and non-monetary gold fell $37m (10%). Services debits fell $28m.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
February 2016 5 April 2016
March 2016 5 May 2016
April 2016 2 June 2016
May 2016 5 July 2016
June 2016 2 August 2016
July 2016 8 September 2016



PRIVACY

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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 5706 for Services.