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1301.0 - Year Book Australia, 2005  
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Contents >> International accounts and trade >> International trade in services

International trade in services covers all services rendered by Australian residents to non-residents (exports) and by non-residents to residents (imports), where services are broadly defined as products other than tangible goods. As international trade in services cover a diverse range of activities, a variety of data sources and methods are used to compile estimates of the different service types.

Conceptual framework

Australia's international trade in services statistics are compiled in accordance with the fifth edition of the International Monetary Fund's Balance of Payments Manual, fifth edition. More information on the concepts, sources and methods used to produce Australia's international trade in services statistics is included in Balance of Payments and International Investment Position, Australia: Concepts, Sources and Methods, 1998 (5331.0).

Classification

The international standard for the classification of international trade in services is defined in the BPM5 framework. This framework has been further elaborated in the 'Extended Balance of Payments Services Classification', as detailed in the UN publication Manual on Statistics of International Trade in Services, 2002.

International trade in services statistics are compiled for transportation, travel, communications, construction, computer and information services, royalties and licence fees, other business services, personal, cultural and recreational services and government services. Some information is also available by partner country and state.

Statistical overview

In current price terms, Australia's international trade in services balance in 2003-04 recorded a deficit of $0.4b, an increase of $0.1b on the $0.3b deficit recorded in 2002-03. Services exports (credits) rose by $1.4b (4.4%) to $34.0b and services imports (debits) rose by $1.5b to $34.4b (4.6%). Table 30.26 provides details of Australia's international trade in services, by service type.

The largest country contributor to the overall net deficit on services was the United States of America with a deficit of $0.9b. Net deficits were recorded for most European trading partners, with Switzerland recording the largest at $0.6b. Australia recorded a net surplus with a number of its Asian trading partners, the largest being with Japan at $1.3b. Australia also recorded a net surplus of $0.5b with New Zealand. Tables 30.27 and 30.28 provides details of Australia's international trade in services, by partner country and country groups.


30.26 INTERNATIONAL TRADE IN SERVICES, By service type

1998-99
1999-2000
2000-01
2001-02
2002-03
2003-04
$m
$m
$m
$m
$m
$m

EXPORTS

Transportation services
6,803
6,865
8,062
7,665
7,467
7,564
Passenger
5,604
5,848
7,024
6,664
6,547
6,655
Freight
1,199
1,017
1,038
1,001
920
909
Other
(a)n.p.
(a)n.p.
(a)n.p.
(a)n.p.
(a)n.p.
(a)n.p.
Travel services
11,944
13,139
15,507
15,645
15,452
17,122
Business
1,009
1,040
1,206
1,156
1,122
1,288
Personal
10,935
12,099
14,301
14,489
14,330
15,834
Communications services
1,239
1,470
1,397
927
1,083
882
Construction services
18
23
68
101
85
78
Insurance services
859
766
709
673
673
686
Financial services
716
886
920
966
984
1,004
Computer and information services
676
719
826
981
1,091
1,128
Royalties and licence fees
488
572
626
515
618
603
Other business services
2,552
2,904
3,185
3,391
3,704
3,592
Merchanting and other trade-related
586
501
489
549
509
584
Operational leasing
8
15
16
26
25
23
Miscellaneous business, professional and technical
1,958
2,388
2,680
2,816
3,170
2,985
Personal, cultural and recreational services
388
478
1,514
568
610
497
Government services n.e.i.
559
735
733
788
802
832
Total
26,242
28,557
33,547
32,250
32,569
33,988

IMPORTS

Transportation services
9,367
10,018
11,352
10,776
10,960
11,590
Passenger
3,485
3,876
4,337
4,182
4,248
4,784
Freight
5,009
5,257
5,991
5,626
5,808
6,052
Other
873
885
1,024
968
904
754
Travel services
9,044
9,836
11,072
10,918
11,012
12,140
Business
2,239
2,536
2,786
2,701
2,677
2,949
Personal
6,805
7,300
8,286
8,217
8,335
9,191
Communications services
1,467
1,666
1,770
1,451
1,407
898
Construction services
-
-
-
-
-
-
Insurance services
922
902
878
856
856
874
Financial services
468
605
592
612
585
576
Computer and information services
424
666
849
884
967
1,024
Royalties and license fees
1,692
1,805
1,706
1,791
1,828
2,028
Other business services
3,253
3,046
3,069
3,812
3,746
3,602
Merchanting and other trade-related
329
221
248
334
369
239
Operational leasing
1,034
942
1,011
948
955
954
Miscellaneous business, professional and technical
1,890
1,883
1,810
2,530
2,422
2,409
Personal, cultural and recreational services
756
808
767
882
846
909
Government services n.e.i.
633
649
626
649
684
756
Total
28,026
30,001
32,681
32,631
32,891
34,397

(a) not available for published but included in totals where applicable, unless otherwise indicated.

Source: Balance of Payments and International Investment Position, Australia (5302.0).

30.27 SERVICE EXPORTS, By country and country group(a)

1997-98
1998-99
1999-2000
2000-01
2001-02
2002-03
$m
$m
$m
$m
$m
$m

Belgium and Luxemburg
129
100
95
111
115
137
Brunei Dar-es-Salaam
17
25
19
21
34
27
Canada
359
349
379
429
416
399
Central America and Caribbean
14
40
320
6
24
14
Chile
12
28
11
13
16
10
China (excl. SARs and Taiwan Prov.)
485
573
701
868
921
976
Fiji
122
149
190
142
114
131
France
191
265
290
366
357
377
Germany
725
732
768
856
803
761
Greece
60
64
78
77
61
54
Hong Kong (SAR of China)
1,033
964
981
1,179
1,421
1,308
Indonesia
933
835
787
869
986
972
Ireland, Republic of
94
126
165
216
220
318
Italy
251
288
271
294
238
252
Japan
3,520
3,253
3,344
3,699
3,465
3,377
Korea, Republic of (South)
614
449
597
744
818
837
Malaysia
774
659
754
852
839
885
Mexico
5
19
10
13
13
14
Netherlands
272
275
300
308
271
285
New Zealand
1,825
1,806
2,056
2,284
2,190
2,339
Papua New Guinea
341
287
380
390
355
289
Philippines
193
168
174
157
141
118
Russian Federation
60
45
56
73
63
45
Singapore
1,199
1,339
1,659
2,119
2,242
2,089
South Africa
167
217
183
219
183
236
Sweden
188
258
285
230
181
179
Switzerland
280
300
313
382
384
397
Taiwan
536
453
420
444
379
352
Thailand
356
347
429
492
472
479
United Kingdom
2,487
2,837
3,105
3,569
3,595
3,672
United States of America
4,108
4,351
4,758
6,191
5,016
5,187
Vietnam
n.a.
103
99
111
156
200
Africa n.e.s.
122
114
134
182
272
129
America n.e.s.
265
327
296
194
137
155
Asia n.e.s.
980
1,023
1,208
1,508
1,527
1,594
Europe n.e.s.
554
665
763
1,080
924
938
Oceania n.e.s.
216
245
235
208
228
229
International institutions
-
-
-
-
-
-
Unallocated
1,719
2,163
1,946
2,628
2,637
2,663
Total
25,206
26,242
28,557
33,547
32,250
32,471
ASEAN
3,571
3,487
3,933
4,640
4,879
4,763
EU
4,678
5,219
5,494
6,200
5,980
6,187
OECD
15,478
15,780
16,844
19,790
18,212
18,612

(a) At the time of compilation, final country data for 2003-04 were not available for inclusion.

Source: ABS web site <http://www.abs.gov.au>, International trade theme page, feature article 'International Trade in Services by Partner Country'.

30.28 SERVICE IMPORTS, By country and country group(a)

1997-98
1998-99
1999-2000
2000-01
2001-02
2002-03
$m
$m
$m
$m
$m
$m

Belgium and Luxemburg
95
70
91
58
36
41
Brunei Dar-es-Salaam
10
30
24
36
42
53
Canada
322
319
389
392
387
412
Central America and Caribbean
219
222
238
255
260
252
Chile
62
40
38
61
76
70
China (excl. SARs and Taiwan Prov.)
595
615
608
676
808
923
Fiji
248
318
354
321
326
385
France
393
351
381
425
419
538
Germany
709
841
872
1,149
1,274
1,175
Greece
237
234
267
281
278
202
Hong Kong (SAR of China)
1,255
1,158
1,273
1,683
1,968
1,664
Indonesia
682
583
526
571
633
523
Ireland, Republic of
178
153
181
229
252
225
Italy
526
459
421
436
457
446
Japan
1,285
1,697
2,239
2,494
2,196
2,100
Korea, Republic of (South)
315
205
206
335
302
409
Malaysia
690
744
744
918
790
692
Mexico
20
22
33
29
35
39
Netherlands
468
499
597
518
398
557
New Zealand
1,351
1,355
1,546
1,669
1,649
1,809
Papua New Guinea
226
150
162
176
162
169
Philippines
225
159
171
184
169
180
Russian Federation
62
57
45
159
130
52
Singapore
1,216
1,571
1,916
2,305
2,369
2,450
South Africa
194
189
172
190
229
291
Sweden
161
88
82
101
73
86
Switzerland
619
727
751
920
1,012
996
Taiwan
182
119
136
136
129
173
Thailand
494
533
626
754
794
812
United Kingdom
3,630
3,233
3,661
3,771
3,556
3,686
United States of America
5,585
5,602
6,231
6,442
6,069
6,067
Vietnam
n.a.
278
213
245
267
336
Africa n.e.s.
184
269
420
361
334
278
America n.e.s.
223
160
165
157
147
169
Asia n.e.s.
738
733
870
1,147
1,245
1,524
Europe n.e.s.
895
1,021
902
975
1,190
1,121
Oceania n.e.s.
223
217
230
255
311
346
International institutions
-
1
1
1
-
-
Unallocated
1,895
3,000
2,219
1,862
1,842
1,638
Total
26,398
28,026
30,001
32,681
32,631
32,909
ASEAN
3,340
3,913
4,240
5,028
5,079
5,047
EU
6,856
6,284
6,869
7,326
7,206
7,405
OECD
16,503
16,499
18,430
19,768
19,028
19,362

(a) At the time of compilation, final country data for 2003-04 were not available for inclusion.

Source: ABS web site <http://www.abs.gov.au>, International trade theme page, feature article 'International Trade in Services by Partner Country'.


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