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5368.0 - International Trade in Goods and Services, Australia, Jun 2015 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 04/08/2015   
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JUNE KEY FIGURES

Apr 2015
May 2015
Jun 2015
May 15 to Jun 15
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
-2 332
-2 659
-2 946
-11
Seasonally adjusted
-4 156
-2 677
-2 933
-10
CREDITS (Exports of goods & services)
Trend estimates
26 236
25 967
25 753
-1
Seasonally adjusted
25 259
25 518
26 348
3
DEBITS (Imports of goods & services)
Trend estimates
28 568
28 626
28 699
-
Seasonally adjusted
29 415
28 195
29 281
4

- 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



JUNE KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a deficit of $2,946m in June 2015, an increase of $287m (11%) on the deficit in May 2015.
  • In seasonally adjusted terms, the balance on goods and services was a deficit of $2,933m in June 2015, an increase of $256m (10%) on the deficit in May 2015.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits rose $830m (3%) to $26,348m. Non-rural goods rose $590m (4%) and non-monetary gold rose $231m (28%). Rural goods fell $23m (1%). Net exports of goods under merchanting remained steady at $32m. Services credits rose $32m (1%).


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits rose $1,086m (4%) to $29,281m. Intermediate and other merchandise goods rose $957m (10%) and consumption goods rose $80m (1%). Capital goods fell $42m (1%) and non-monetary gold fell $19m (5%). Services debits rose $109m (2%).


2014-15 SITUATION
  • In original terms, the balance on goods and services for 2014-15 was a deficit of $21.2b, a rise of $13.3b (168%) on the deficit of $7.9b recorded in 2013-14, resulting from a $12.3b (4%) decrease in goods and services credits and a $1.1b increase in goods and services debits.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
July 2015 3 September 2015
August 2015 6 October 2015
September 2015 4 November 2015
October 2015 3 December 2015
November 2015 7 January 2016
December 2015 3 February 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.


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Commonwealth of Australia 2015

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