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1301.0 - Year Book Australia, 2002  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 25/01/2002   
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Contents >> International Accounts and Trade >> International trade in services

In current price terms, net services for 2000-01 recorded a surplus of $0.6b, a turnaround of $2.0b on the deficit recorded in 1999-2000. Services credits increased by $4.5b (16%) to $32.8b, mainly due to increases in personal travel services. Services debits increased by $2.5b (8%) to $32.2b, mainly due to increases in transportation and personal travel services as a result of the Sydney Olympic Games. Table 30.8 provides details of the international trade in services.

As shown in table 30.9, the main destinations for services exports (credits) in 1999-2000 (the latest year available for regional data) were United States (16%), Japan (12%), United Kingdom (11%), New Zealand (7%) and Singapore (6%). Significant growth has been recorded since 1994-95 in services exports to each of these markets except Japan. The main source countries for services debits in 1999-2000, as shown in table 30.10, were United States (21%), United Kingdom (12%), Japan (7%), Singapore (6%), New Zealand (5%) and Hong Kong (4%).


30.8 INTERNATIONAL TRADE IN SERVICES

1995-96

$m
1996-97

$m
1997-98

$m
1998-99

$m
1999-2000

$m
2000-01

$m

CREDITS

Services credits
22,949
24,226
25,206
26,242
28,317
32,794
Transportation services
6,526
6,648
6,611
6,803
6,865
8,073
- Passenger
5,305
5,697
5,550
5,604
5,848
6,986
- Freight
1,221
951
1,061
1,199
1,017
1,087
- Other
n.p.
n.p.
n.p.
n.p.
n.p.
n.p.
Travel services
11,252
11,756
11,540
11,944
13,139
15,344
- Business
798
675
893
1,009
1,040
1,179
- Personal
10,454
11,081
10,647
10,935
12,099
14,165
Communications services
896
947
1,361
1,239
1,475
1,520
Construction services
66
70
31
18
23
50
Insurance services
672
772
840
859
766
741
Financial services
577
634
713
716
747
747
Computer and information services
217
277
532
676
668
757
Royalties and licence fees
329
376
449
488
572
594
Other business services
1,613
1,882
2,224
2,552
2,852
2,936
- Merchanting and other trade-related
331
436
481
586
501
506
- Operational leasing
7
10
8
8
15
12
- Miscellaneous business, professional and technical
1,275
1,436
1,735
1,958
2,336
2,418
Personal, cultural and recreational services
248
304
352
388
475
1412
Government services n.e.i.
553
560
553
559
735
620

DEBITS

Services debits
-23,349
-24,152
-26,398
-28,026
-29,713
-32,233
Transportation services
-8,488
-8,439
-9,110
-9,367
-10,018
-11,371
- Passenger
-2,928
-3,003
-3,224
-3,485
-3,876
-4,357
- Freight
-4,405
-4,373
-5,013
-5,009
-5,257
-5,985
- Other
-1,155
-1,063
-873
-873
-885
-1,029
Travel services
-6,988
-7,769
-8,372
-9,044
-9,836
-10,788
- Business
-2,056
-2,286
-2,416
-2,239
-2,536
-2,838
- Personal
-4,932
-5,483
-5,956
-6,805
-7,300
-7,950
Communications services
-1,060
-1,066
-1,407
-1,467
-1,664
-1,928
Construction services
0
0
0
0
0
0
Insurance services
-1,064
-1,012
-915
-922
-902
-902
Financial services
-472
-451
-442
-468
-527
-528
Computer and information services
-203
-253
-336
-424
-458
-432
Royalties and license fees
-1,304
-1,397
-1,519
-1,692
-1,805
-1,688
Other business services
-2,646
-2,699
-3,003
-3,253
-3,046
-3,151
- Merchanting and other trade-related
-276
-362
-392
-329
-221
-246
- Operational leasing
-1,032
-814
-864
-1,034
-942
-1,144
- Miscellaneous business, professional and technical
-1,338
-1,523
-1,747
-1,890
-1,883
-1,761
Personal, cultural and recreational services
-555
-547
-702
-756
-808
-824
Government services n.e.i.
-569
-519
-592
-633
-649
-621

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


30.9 SERVICES CREDITS, By Country and Country Group

1994-95

$m
1995-96

$m
1996-97

$m
1997-98

$m
1998-99

$m
1999-2000

$m

COUNTRIES

Belgium and Luxembourg
47
64
105
125
107
100
Brunei Darussalam
23
25
22
21
22
20
Canada
240
281
309
359
384
401
Central America and Caribbean
12
11
15
13
18
12
Chile
5
7
5
5
4
5
China, People’s Republic of
375
378
396
485
575
657
Fiji
80
72
62
117
154
202
France
197
169
207
192
223
249
Germany
591
576
665
724
733
774
Greece
42
52
49
47
31
78
Hong Kong (SAR of China)
863
1,072
1,054
1,032
972
995
Indonesia
840
971
1,029
922
845
839
Ireland, Republic of
61
69
77
96
126
164
Italy
177
184
244
250
294
268
Japan
3,425
3,658
3,688
3,489
3,280
3,353
Korea, Republic of
835
1,115
927
609
450
608
Malaysia
684
769
733
773
668
791
Mexico
9
4
4
4
15
6
Netherlands
192
163
211
254
272
297
New Zealand
1,254
1,418
1,666
1,793
1,799
2,046
Papua New Guinea
240
236
279
335
291
371
Philippines
161
182
189
192
168
185
Russian Federation
66
69
63
56
43
42
Singapore
1,277
1,241
1,256
1,181
1,337
1,660
South Africa
152
173
177
168
219
173
Sweden
80
94
99
106
172
182
Switzerland
259
261
261
278
308
325
Taiwan
679
702
570
535
460
428
Thailand
503
523
474
353
362
433
United Kingdom
1,922
2,040
2,171
2,470
2,864
3,114
United States of America
2,403
2,977
3,220
4,097
4,394
4,588
Africa n.e.s.
93
106
103
126
121
141
America n.e.s.
118
131
330
254
373
559
Asia n.e.s.
808
873
994
1,022
1,164
1,184
Europe n.e.s.
652
674
650
719
770
901
Oceania n.e.s.
260
264
274
191
223
254
International institutions
4
4
2
0
0
0
Unallocated
924
1,341
1,646
1,813
2001
1912
Total all countries
20,553
22,949
24,226
25,206
26,242
28,317

COUNTRY GROUPS

APEC(a)
13,816
15,559
15,821
16,185
16,183
17,550
ASEAN(b)
3,529
3,814
3,834
3,564
3,541
4,050
EU(c)
3,606
3,706
4,199
4,699
5,288
5,737
OECD(d)
11,423
12,524
14,432
15,458
16,052
17,228

(a) APEC includes Brunei Darussalam, Canada, Chile, People's Republic of China, Hong Kong (SAR of China), Indonesia, Japan, Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russian Federation, Singapore, Taiwan, Thailand, United States of America and Viet Nam. Peru, Russian Federation and Viet Nam are included from 1998-99.
(b) ASEAN includes Brunei Darussalam, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand and Viet Nam. Burma and Laos are included from July 1997. Cambodia is included from April 1999.
(c) EU includes Austria, Belgium, Denmark, Finland, France, Germany, Greece, Republic of Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden and United Kingdom.
(d) OECD includes Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Republic of Ireland, Italy, Japan, Republic of Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Spain, Sweden, Switzerland, Turkey, United Kingdom and United States of America. Czech Republic and Hungary are included from January 1996 and Republic of Korea and Poland are included from 1996-97.

Source: Balance of Payments and International Investment Position, Australia (5363.0).


30.10 SERVICES DEBITS, By Country and Country Group

1994-95

$m
1995-96

$m
1996-97

$m
1997-98

$m
1998-99

$m
1999-2000

$m

COUNTRIES

Belgium and Luxembourg
-107
-86
-68
-108
-71
-89
Brunei Darussalam
-9
-10
-7
-10
-11
-11
Canada
-301
-318
-319
-298
-320
-389
Central America and Caribbean
-202
-197
-163
-189
-212
-229
Chile
-16
-21
-18
-65
-19
-16
China, People’s Republic of
-443
-458
-447
-592
-613
-621
Fiji
-176
-190
-178
-209
-323
-355
France
-270
-272
-290
-404
-347
-386
Germany
-507
-503
-530
-710
-851
-888
Greece
-237
-230
-217
-234
-239
-272
Hong Kong (SAR of China)
-999
-1,090
-1,266
-1,248
-1,186
-1,285
Indonesia
-485
-549
-706
-691
-587
-526
Ireland, Republic of
-97
-110
-142
-174
-150
-182
Italy
-385
-433
-541
-525
-498
-429
Japan
-1,714
-1,508
-1,545
-1,308
-1,690
-2,049
Korea, Republic of
-262
-303
-283
-257
-286
-207
Malaysia
-483
-524
-626
-694
-746
-743
Mexico
-11
-13
-16
-17
-22
-33
Netherlands
-538
-408
-411
-501
-518
-593
New Zealand
-950
-1,063
-1,149
-1,360
-1,451
-1,543
Papua New Guinea
-134
-162
-174
-222
-151
-162
Philippines
-111
-122
-144
-222
-164
-169
Russian Federation
-150
-116
-81
-61
-53
-40
Singapore
-1,196
-1,237
-1,200
-1,207
-1,694
-1,935
South Africa
-103
-118
-155
-193
-193
-168
Sweden
-166
-128
-100
-183
-90
-82
Switzerland
-462
-511
-569
-621
-738
-702
Taiwan
-142
-152
-155
-186
-122
-136
Thailand
-384
-435
-403
-501
-553
-625
United Kingdom
-3,560
-3,826
-3,874
-3,613
-3,240
-3,679
United States of America
-4,332
-4,590
-4,949
-5,521
-5,662
-6,248
Africa n.e.s.
-130
-149
-163
-183
-266
-340
America n.e.s.
-117
-154
-217
-228
-203
-195
Asia n.e.s.
-746
-622
-607
-821
-1,038
-1,123
Europe n.e.s.
-1,089
-1,084
-876
-1,066
-1,086
-925
Oceania n.e.s.
-158
-164
-155
-216
-214
-231
International institutions
0
0
0
0
-1
-1
Unallocated
-1,165
-1,493
-1,408
-1,760
-2,418
-2,106
Total all countries
-22,337
-23,349
-24,152
-26,398
-28,026
-29,713

COUNTRY GROUPS

APEC(a)
-11,972
-12,555
-13,407
-14,399
-15,597
-16,957
ASEAN(b)
-2,791
-3,068
-3,293
-3,551
-4,066
-4,240
EU(c)
-6,154
-6,373
-6,448
-6,852
-6,417
-6,985
OECD(d)
-14,430
-14,767
-15,633
-16,634
-16,981
-18,370

(a) APEC includes Brunei Darussalam, Canada, Chile, People's Republic of China, Hong Kong (SAR of China), Indonesia, Japan, Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russian Federation, Singapore, Taiwan, Thailand, United States of America and Viet Nam. Peru, Russian Federation and Viet Nam are included from 1998-99.
(b) ASEAN includes Brunei Darussalam, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand and Viet Nam. Burma and Laos are included from July 1997. Cambodia is included from April 1999.
(c) EU includes Austria, Belgium, Denmark, Finland, France, Germany, Greece, Republic of Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden and United Kingdom.
(d) OECD includes Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Republic of Ireland, Italy, Japan, Republic of Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Spain, Sweden, Switzerland, Turkey, United Kingdom and United States of America. Czech Republic and Hungary are included from January 1996 and Republic of Korea and Poland are included from 1996-97.

Source: Balance of Payments and International Investment Position, Australia (5363.0).


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