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1301.0 - Year Book Australia, 2004  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 27/02/2004   
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Contents >> International accounts and trade >> International merchandise trade

International merchandise trade statistics cover all movable goods which add to (imports) or subtract from (exports) Australia's stock of material resources. The statistics are compiled from information submitted by importers and exporters to the Australian Customs Service. Some goods are excluded for conceptual or practical reasons, for example, those goods temporarily brought to Australia for subsequent forwarding to foreign destinations, and low-value imports and exports in the parcel post system.

The data about merchandise exports and imports are used in the compilation of the balance of payments. However, various adjustments relating to coverage, timing, classification and valuation are necessary to put international merchandise trade statistics on a balance of payments basis. Consequently, the merchandise exports and imports statistics, and the excess of exports(+) or imports (-), shown in this section differ from those shown in the International accounts section earlier in International accounts and trade.

Conceptual framework

Australia's international merchandise trade statistics are compiled in broad agreement with the UN recommendations for the compilation of international merchandise trade statistics. More information on the concepts, sources and methods used is included in International Merchandise Trade, Australia: Concepts, Sources and Methods (5489.0).

The UN recommendations state that merchandise trade covers all movable goods which add to (imports) or subtract from (exports) the stock of material resources of a country as a result of their movement into or out of the country.

The UN definition excludes:

  • direct transit trade, that is, goods being transhipped or moved through Australia for purposes of transport only
  • ships and aircraft moving through Australia while engaged in the transport of passengers or goods between Australia and other countries
  • non-merchandise trade, consisting primarily of goods moving on a temporary basis (e.g. mobile equipment, goods under repair and goods for exhibition).

International merchandise trade statistics are compiled by the Australian Bureau of Statistics (ABS) from information submitted by exporters and importers or their agents to the Australian Customs Service.

Classification

International merchandise trade is classified by commodity, by country of origin/destination, by Australian state of production/destination, and by industry of origin.

The international standard for the classification of internationally traded goods by commodity is the Harmonized System, a World Customs Organization classification which groups goods according to their component materials, from raw materials through to processed and manufactured products.

The ABS adopts this as the basis for exports classification using the Australian Harmonised Export Commodity Classification and for imports classification using the Combined Australian Customs Tariff Nomenclature and Statistical Classification (Customs Tariff).

The ABS also classifies export and import statistics according to:
  • the UN Standard International Trade Classification (SITC Rev. 3) which groups goods according to the degree of processing they have undergone, from food and crude raw materials through to highly transformed manufactures
  • the UN Classification by Broad Economic Categories (BEC) which classifies international trade for the purposes of general economic analysis according to the main end use of the commodities traded.

Commodity statistics in this section are presented according to SITC Rev. 3.

Valuation

For exports, the point of valuation adopted is free-on-board (f.o.b.) at the Australian port of shipment, while the basis of valuation is 'transactions value', that is, the actual price at which the goods are sold.

For imports, the point of valuation is the point of containerisation (in most cases), or f.o.b. at the customs frontier of the exporting country or the port of loading, whichever comes first. The basis of valuation is the customs value. For transactions between independent buyers and sellers, this will generally be the price actually payable. Where traders are not independent (e.g. if they are related or affiliated in some way), an appropriate customs value may be determined.

Total merchandise exports and imports

Australia's international merchandise trade balance in 2002-03 was a record deficit of $17.7b. This followed two successive years of surpluses in 2000-01 and 2001-02. The previous highest deficit was $12.8b in 1999-2000. In 2002-03, there was a substantial fall in exports (down 5% to $115.4b) as well as a sharp rise in imports (up 11% to $133.1b). Table 30.15 and graph 30.16 show the period since 1997-98.

30.15 TOTAL MERCHANDISE EXPORTS AND IMPORTS

Exports
Imports
Merchandise trade balance(a)
$m
$m
$m

1997-98
87,768
90,684
-2,916
1998-99
85,991
97,611
-11,620
1999-2000
97,286
110,078
-12,792
2000-01
119,539
118,317
1,222
2001-02
121,108
119,649
1,459
2002-03
115,442
133,131
-17,689

(a) A negative sign indicates that merchandise imports exceed merchandise exports.
Source: International Trade in Goods and Services, Australia (5368.0).

Graph - 30.16 Total merchandise exports and imports

Merchandise exports and imports by commodity

In 2002-03 exports decreased by $5.7b (5%) to $115.4b. The SITC sections with the largest decreases were:
  • Food and live animals, down $4,007m (18%)
  • Mineral fuels, lubricants and related materials, down $1,323m (5%)
  • Crude materials, inedible, except fuels, down $1,019m (5%)
  • Manufactured goods classified chiefly by material, down $974m (7%)
  • Machinery and transport equipment, down $632m (4%)

These decreases were partly offset by increases in:
  • Commodities and transactions not classified elsewhere, up $2,176m (20%)
  • Beverages and tobacco, up $363m (15%).
In 2002-03 imports increased by $13.5b (11%) to $133.1b. Imports of goods in all SITC sections increased. The largest increases were:
  • Machinery and transport equipment, up $6,986m (13%)
  • Mineral fuels, lubricants and related materials, up $1,568m (17%)
  • Miscellaneous manufactured articles, up $1,300m (7%)
  • Manufactured goods classified chiefly by material, up $1,254m (8%)
  • Commodities and transactions not classified elsewhere, up $1,019m (40%)
  • Food and live animals, up $494m (11%)
  • Chemicals and related products, up $390m (3%).

The value of merchandise exports and imports by commodity for 2001-02 and 2002-03, and their share of total merchandise trade for 2002-03, are shown in table 30.17.

30.17 MERCHANDISE EXPORTS AND IMPORTS, By commodity

Exports
Imports


2001-02
2002-03
Share of total
for 2002-03
2001-02
2002-03
Share of total
for 2002-03
Standard International Trade Classification (SITC)
$m
$m
%
$m
$m
%

Food and live animals(a)(b)
22,380
18,374
15.9
4,613
5,107
3.8
Beverages and tobacco
2,360
2,723
2.4
864
1,062
0.8
Crude materials, inedible, except fuels(a)(b)
22,448
21,429
18.6
1,756
1,953
1.5
Mineral fuels, lubricants and related materials(b)
25,130
23,807
20.6
9,030
10,598
8.0
Animal and vegetable oils, fats and waxes(a)
310
324
0.3
289
364
0.3
Chemical and related products, n.e.s.(a)(b)
5,293
5,099
4.4
14,635
15,025
11.3
Manufactured goods classified chiefly by material(a)(b)
13,572
12,597
10.9
14,819
16,074
12.1
Machinery and transport equipment(a)(b)
14,160
13,528
11.7
53,654
60,640
45.5
Miscellaneous manufactured articles(a)(b)
4,483
4,413
3.8
17,416
18,716
14.1
Commodities and transactions not classified elsewhere in the SITC(c)(d)
10,973
13,148
11.4
2,573
3,592
2.7
Total
121,108
115,442
100.0
119,649
133,131
100.0

(a) Excludes export commodities subject to a confidentiality restriction.
(b) Excludes import commodities subject to a confidentiality restriction.
(c) Includes commodities subject to a confidentiality restriction.
(d) Includes small value export entries that cannot yet be allocated by commodity.
Source: International Trade in Goods and Services, Australia (5368.0).

Australia's most valuable commodity exports for 2002-03, and their principal markets, were:

Coal, $11.9b - 10% of total exports: Japan (42% of total coal exports), the Republic of (South) Korea (10%), India (9%), and Taiwan (6%).

Crude petroleum products, $5.9b - 5% of total exports: Singapore (31% of total crude petroleum product exports), the Republic of (South) Korea (21%), Japan (16%), and the United States of America (15%).

Non-monetary gold, $5.6b - 5% of total exports: the United Kingdom (38% of total non-monetary gold exports), the Republic of (South) Korea (17%) and Singapore (11%).

Iron ore, $5.3b - 5% of total exports: Japan (41% of total iron ore exports), China (32%), the Republic of (South) Korea (14%), and Taiwan (6%).

Between 2001-02 and 2002-03 the commodities that recorded the largest change in the value of exports were Wheat (down $1.5b or 33%) and Coal (down $1.5b or 11%). These decreases were partially offset by an increase in the value of exports of Non-monetary gold (up $455m or 9%) and Special commodities not classified according to kind, mainly gold re-exported after processing (up $648m or 29%).

Table 30.18 lists the highest value exports for 2001-02 and 2002-03, and their share of total merchandise export's for 2002-03.

30.18 MERCHANDISE EXPORTS OF MAJOR COMMODITIES
2001-02
2002-03
Share of total merchandise
exports 2002-03
Commodity (SITC 3-digit code)
$m
$m
%

Coal, not agglomerated (321)
13,403
11,946
10.3
Petroleum oils and oils obtained from bituminous minerals, crude (333)
5,963
5,881
5.1
Gold, non-monetary (excl. gold ores and concentrates) (971)
5,129
5,584
4.8
Iron ore and concentrates (281)
5,160
5,328
4.6
Aluminium (684)
4,412
4,059
3.5
Meat of bovine animals, fresh, chilled or frozen (011)
4,333
3,906
3.4
Aluminium ores and concentrates (incl. alumina) (285)(a)
4,042
3,587
3.1
Wool and other animal hair (incl. wool tops) (268)(a)
3,397
3,299
2.9
Wheat (incl. spelt) and meslin, unmilled (041)
4,527
3,036
2.6
Motor vehicles principally designed for transport of persons
(excl. public-transport type, incl. racing cars) (781)
2,996
2,797
2.4
Natural gas (343)
2,612
2,620
2.3
Alcoholic beverages (112)
2,264
2,574
2.2
Petroleum oils, oils from bituminous minerals (not crude); preparations, with 70% or more by weight of these oils (334)
2,358
2,441
2.1
Medicaments (incl. veterinary medicaments) (542)
1,926
1,725
1.5
Meat and edible meat offal (excl. bovine), suitable or fit for human consumption, fresh, chilled or frozen (012)
1,827
1,660
1.4
Milk and cream and milk products (excl. butter and cheese) (022)
1,821
1,345
1.2
Copper (682)
1,515
1,327
1.1
Aircraft and associated equipment; spacecraft (incl. satellites and spacecraft launch vehicles; parts thereof) (792)
1,321
1,269
1.1
Ores and concentrates of base metal (excl. iron, copper, nickel, aluminium, uranium and thorium) (287)(a)
1,387
1,216
1.1
Live animals (excl. fish, crustaceans, molluscs and aquatic invertebrates) (001)
1,112
1,167
1.0
Cotton (263)
1,549
1,157
1.0
Total of all other commodities(b)
48,054
47,518
41.2
Total
121,108
115,442
100.0

(a) Excludes commodities subject to a confidentiality restriction.
(b) Includes commodities subject to a confidentiality restriction.
Source: International Trade in Goods and Services, Australia (5368.0).

Australia's most valuable commodity imports for 2002-03, and their principal sources, were:

Passenger motor vehicles, $10.3b - 8% of total imports: Japan (57% of total passenger motor vehicle imports), Germany (16%), and the United States of America, South Africa and the Republic of (South) Korea (each 4%).

Crude petroleum oils, $7.8b - 6% of total imports: Vietnam (27% of total crude petroleum imports), Indonesia (21%), Brunei Darussalam (9%), Malaysia, the United Arab Emirates and Saudi Arabia (each 8%) and Papua New Guinea (7%).

Aircraft and parts, $5.5b - 4% of total imports: the United States of America (78% of total aircraft and parts) and France (19%).

Computing equipment, $4.9b - 4% of total imports: China (20% of total computing equipment imports), Malaysia, the United States of America and Singapore (each 14%) and Taiwan (11%).

Between 2001-02 and 2002-03 most major commodities recorded increases in the value of imports with the largest being Aircraft and parts (up $2.4b or 79%), Passenger motor vehicles (up $1.3b or 15%) and Crude petroleum oils (up $1.0b or 15%).

Table 30.19 lists the highest value imports for 2001-02 and 2002-03, and their share of total merchandise imports for 2002-03.

30.19 MERCHANDISE IMPORTS OF MAJOR COMMODITIES

2001-02
2002-03
Share of total
merchandise
imports 2002-03
Commodity (SITC 3-digit code)
$m
$m
%

Motor vehicles principally designed for transport of persons (excl. public-transport type, incl. racing cars) (781)
8,955
10,283
7.7
Petroleum oils and oils obtained from bituminous minerals, crude (333)
6,785
7,812
5.9
Aircraft and associated equipment; spacecraft (incl. satellites and spacecraft launch vehicles; parts thereof) (792)
3,060
5,481
4.1
Automatic data processing machines & units thereof, magnetic, optical readers; data transcribers & processors (752)
5,028
4,871
3.7
Medicaments (incl. veterinary medicaments) (542)
4,002
4,241
3.2
Telecommunications equipment, nes; parts, and accessories of radio, television, video & similar apparatus, n.e.s. (764)
4,507
4,239
3.2
Gold, non-monetary (excl. gold ores and concentrates) (971)
2,219
2,959
2.2
Motor vehicles for the transport of goods and special purpose motor vehicles (782)
2,545
2,888
2.2
Petroleum oils, oils from bituminous minerals (not crude); preparations, with 70% or more by weight of these oils (334)(a)
1,829
2,411
1.8
Parts and accessories (excl. covers, cases and the like) for use with office & automatic data processing mach. (759)
2,491
2,376
1.8
Parts, nes and accessories of the motor vehicles of Groups 722, 781, 782 and 783 (784)
2,217
2,311
1.7
Paper and paperboard (641)
1,868
2,076
1.6
Electrical machinery and apparatus, n.e.s. (778)
1,749
1,895
1.4
Measuring, checking, analysing and controlling instruments and apparatus, n.e.s. (874)
1,914
1,879
1.4
Baby carriages, toys, games and sporting goods (894)
1,501
1,715
1.3
Internal combustion piston engines, and parts thereof, n.e.s. (713)
1,507
1,697
1.3
Civil engineering and contractors' plant and equipment (723)
1,248
1,541
1.2
Heating and cooling equipment, and parts thereof, n.e.s. (741)
1,269
1,521
1.1
Furniture and parts thereof; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings (821)
1,194
1,485
1.1
Household type, electrical and non-electrical equipment, n.e.s. (775)
1,230
1,459
1.1
Pumps for gas (incl. air), compressors, fans; ventilating hoods; centrifuges; purifying apparatus; parts (743)
1,111
1,372
1.0
Articles, of plastics, n.e.s. (893)
1,226
1,274
1.0
Total of all other commodities(b)
73,676
65,345
49.1
Total
119,649
133,131
100.0

(a) Excludes commodities subject to a confidentiality restriction.
(b) Includes commodities subject to a confidentiality restriction.
Source: International Trade in Goods and Services, Australia (5368.0).

Merchandise exports and imports by country

For exports, country refers to the country to which the goods were consigned at the time of export. For imports, country refers to the country of origin of the goods, that is, where the majority of processing of the goods takes place.

In 2002-03 Australia's merchandise trade balance declined by $19.1b from a surplus of $1.5b in 2001-02 to a deficit of $17.7b. The main trading partners contributing to this decline were:
  • the United States of America - trade deficit increased by $2,647m, due to a $1,639m decrease in exports and a $1,007m increase in imports. Exports of most commodities decreased, particularly Meat and meat preparations (down $471m), Non-ferrous metals (down $289m), Transport equipment (excluding road vehicles) (down $259m) and Medicinal and pharmaceutical products (down $229m). The increase in imports was due almost solely to Aircraft and associated equipment and parts (up $1,589m).
  • Japan - trade surplus decreased by $1,932m, due to a $1,058m decrease in exports and an $872m increase in imports. Exports of Coal, coke and briquettes decreased by $821m, while imports of Road vehicles increased by $695m.
  • China - trade deficit increased by $1,540m, due to a $2,517m increase in imports, partly offset by a $977m increase in exports. Imports of most commodity groups increased, particularly Office and automatic data processing machines (up $374m) and Telecommunications and sound recording and reproducing equipment (up $326m). The largest increase in exports were Metalliferous ores and metal scrap (up $254m) and Petroleum, petroleum products and related materials (up $201m).
  • France - trade deficit increased by $1,262m due to a $173m decrease in exports and a $1,090m increase in imports. Imports of Aircraft rose $941m.
  • Italy - trade deficit increased by $1,043m due to a $304m decrease in exports and a $738m increase in imports.

These declines in the merchandise trade balance were partly offset by a $2,486m improvement in the trade balance with the United Kingdom. This was mainly due to a $2,036m increase in exports, particularly Non-monetary gold (up $946m) and Special transactions and commodities not classified according to kind (up $1,082m). The latter was predominantly gold re-exported after processing.

Graph 30.20 shows Australian merchandise exports and imports by value for Australia's top trading partners. Graph 30.21 shows the countries with which Australia has the highest net merchandise trade balance (surplus or deficit).

Table 30.22 shows total merchandise exports and imports for the last two financial years and the merchandise trade balance in 2002-03 for Australia's top trading partners. Statistics are also provided for the following country grouping:
  • APEC - Brunei Darussalam, Canada, Chile, China, Hong Kong (SAR of China), Indonesia, Japan, Republic of (South) Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russian Federation, Singapore, Taiwan, Thailand, United States of America and Vietnam. Peru, Russian Federation and Vietnam are included from 1998-99.
  • ASEAN - Brunei Darussalam, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand and Vietnam. Burma and Laos are included from July 1997. Cambodia is included from April 1999.
  • EU - Austria, Belgium, Denmark, Finland, France, Germany, Greece, Republic of Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden and United Kingdom.
  • OECD - Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Republic of Ireland, Italy, Japan, Republic of (South) Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Spain, Sweden, Switzerland, Turkey, United Kingdom and United States of America. Czech Republic and Hungary are included from January 1996 and Republic of (South) Korea and Poland are included from 1996-97.

Graph - 30.20 Merchandise imports and exports, Selected countries - 2002-03

Graph - 30.21 Merchandise trade balance, Selected countries - 2002-03

30.22 MERCHANDISE EXPORTS AND IMPORTS, By country and country group(a)

Exports
Imports
Balance of trade



2001-02
2002-03
2001-02
2002-03
2002-03
$m
$m
$m
$m
$m

Belgium-Luxembourg
862
839
876
1,153
-314
Brazil
457
412
470
490
-78
Canada
1,900
1,816
1,607
1,755
61
China (excl. SARs & Taiwan Prov.)
7,816
8,793
11,275
13,792
-4,999
Denmark
108
125
671
770
-645
Egypt(a)
754
370
20
20
350
Fiji
529
543
232
222
321
Finland
392
441
727
680
-239
France
1,343
1,171
2,691
3,781
-2,610
Germany
1,349
1,579
6,732
7,953
-6,374
Hong Kong (SAR of China)
3,996
3,215
1,410
1,234
1,981
India
2,524
2,577
874
979
1,598
Indonesia
3,194
2,908
4,010
4,600
-1,692
Iran
785
413
39
40
373
Iraq
840
360
-
37
323
Ireland
307
183
1,469
1,607
-1,424
Israel
291
194
525
481
-287
Italy
2,165
1,861
3,410
4,149
-2,288
Japan
22,796
21,738
15,461
16,335
5,403
Korea, Republic of (South)
9,818
9,116
4,722
4,753
4,363
Kuwait
518
518
133
184
334
Malaysia
2,519
2,147
3,857
4,262
-2,115
Mexico
478
430
521
572
-142
Netherlands
1,522
1,364
1,094
1,283
81
New Zealand
7,669
8,120
4,740
5,019
3,101
Pakistan
477
286
200
192
94
Papua New Guinea
1,013
949
1,124
1,502
-553
Philippines
1,252
1,091
623
815
276
Saudi Arabia
2,598
1,990
1,026
1,284
706
Singapore
4,936
4,655
3,972
4,370
285
South Africa
1,341
1,313
870
1,060
253
Spain
792
668
761
1,047
-379
Sweden
220
211
1,625
1,810
-1,599
Switzerland
227
380
1,302
1,230
-850
Taiwan
4,828
4,314
3,132
3,401
913
Thailand
2,291
2,479
2,886
3,469
-990
Turkey
317
296
186
223
73
United Arab Emirates
1,245
1,233
749
753
480
United Kingdom
5,199
7,236
6,219
5,770
1,466
United States of America
12,008
10,369
21,488
22,496
-12,127
Vietnam
497
472
1,855
2,503
-2,031
Others countries(b)
6,935
6,266
4,065
5,057
1,209
Total
121,108
115,442
119,649
133,131
-17,689
APEC
87,452
82,998
83,816
92,247
-9,249
ASEAN
14,807
13,850
17,634
20,722
-6,872
EU
14,486
15,841
27,122
31,400
-15,559
OECD
69,882
68,323
78,154
84,752
-16,429

(a) Exports of Alumina to Egypt are excluded from its country total and included in the 'Other Countries' category.
(b) Others include: all countries not displayed in table; Zone of Co-op A-Timor Gap; Destination or Origin Unknown; International Waters; No country details; Confidentialised alumina exports; and Ship and aircraft stores.
Source: International Trade in Goods and Services, Australia (5368.0).

Merchandise exports and imports by industry of origin

Table 30.23 shows Australia's merchandise trade statistics classified according to the Australian and New Zealand Standard Industrial Classification (ANZSIC). The statistics are compiled by allocating international trade data for a commodity to an ANZSIC industry of origin category, based upon the industry which predominantly produces that commodity in Australia as defined by the ANZSIC.

The majority of exports in 2002-03 were classified to Manufacturing, $65.8b (57% of total exports) and Mining, $31.2b (27% of total exports). Most ANZSIC subdivisions recorded decreases in 2002-03 with the largest being in Agriculture, down $2.1b (20%), Food, beverage and tobacco, down $1.8b (11%) and Coal mining, down $1.5b (11%).

The majority of imports were classified to Manufacturing, $123.0b (92% of total imports). There were increases in all ANZSIC subdivisions except Other mining during 2002-03, with the largest being in Machinery and equipment manufacturing, up $7.1b (12%), Metal products, up $1.5b (18%) and Petroleum, coal, chemical and associated product manufacturing, up $1.2b (6%).

30.23 MERCHANDISE EXPORTS AND IMPORTS, By industry of origin

Exports
Imports


2000-01
2001-02
2002-03
2000-01
2001-02
2002-03
Industry of origin
$m
$m
$m
$m
$m
$m

Agriculture, forestry, fishing and hunting
Agriculture
9,741
10,643
8,544
606
575
870
Services to agriculture; hunting and trapping
2,107
1,710
1,249
6
8
8
Forestry and logging
78
100
116
6
6
7
Commercial fishing
885
972
929
213
164
181
Total
12,811
13,425
10,838
831
753
1,066
Mining
Coal mining
10,833
13,407
11,949
7
12
13
Oil and gas extraction
11,144
9,298
9,357
8,421
6,904
7,890
Metal ore mining
9,667
9,541
9,686
198
173
191
Other mining
268
261
255
180
171
163
Total
31,912
32,507
31,248
8,807
7,259
8,257
Manufacturing
Food, beverage and tobacco
16,649
17,538
15,693
5,090
5,387
5,959
Textile, clothing, footwear and leather
2,937
2,740
2,757
7,389
7,420
7,842
Wood and paper products
1,635
1,783
1,882
3,577
3,473
3,759
Printing, publishing and recorded media
546
577
586
1,918
2,020
2,194
Petroleum, coal, chemical and associated products
8,868
8,182
8,021
19,306
20,052
21,249
Non-metallic mineral products
379
332
325
1,402
1,472
1,631
Metal products
21,038
20,301
19,502
7,442
8,416
9,924
Machinery and equipment
16,191
16,714
15,812
58,672
59,155
66,288
Other manufacturing
886
944
1,178
3,536
3,767
4,198
Total
69,128
69,111
65,756
108,331
111,162
123,045
Other(a)(b)
5,689
6,066
7,601
349
475
763
Total
119,539
121,108
115,442
118,317
119,649
133,131

(a) Includes exports which cannot yet be allocated by industry of origin.
(b) Includes commodities subject to a confidentiality restriction.
Source: ABS data available on request, International Trade

International trade price indexes

The export price index for goods (all groups) decreased by 5% in 2002-03 (table 30.24). The largest decreases were in Miscellaneous manufactured articles, down 15%, Chemicals and related products, n.e.s., down 13% and Food and live animals, down 10%. The only increase was in Beverages and tobacco, up 1%.

Between 1997-98 and 2002-03 the all groups index increased by 13%. The major contributors were Mineral fuels, lubricants and related materials, up 39%, Beverages and tobacco, up 24% and Food and live animals, up 10%.

30.24 EXPORT PRICE INDEX(a), Index numbers based on SITC

Commodity (SITC)
1997-98
1998-99
1999-2000
2000-01
2001-02
2002-03

Food and live animals
99.6
96.6
95.7
109.6
118.9
109.3
Beverages and tobacco
120.2
128.3
131.5
137.8
142.8
143.8
Crude materials, inedible, except fuels
90.3
84.0
82.6
95.7
99.0
97.0
Mineral fuels, lubricants and related materials
121.8
119.7
127.1
162.7
164.7
160.9
Chemicals and related products, n.e.s.
96.0
96.2
102.5
119.9
113.0
100.4
Manufactured goods classified chiefly by materials
93.7
86.8
101.0
116.7
105.1
102.1
Machinery and transport equipment
95.9
97.7
98.8
104.1
105.6
100.6
Miscellaneous manufactured articles
108.2
111.7
112.5
118.4
119.2
104.5
All groups
98.9
95.7
98.0
114.8
116.7
111.7

(a) Reference year 1989-90 = 100.0.
Source: International Trade Price Indexes, Australia (6457.0).

The import price index for goods (all groups) decreased by 6% in 2002-03 (table 30.25), due largely to decreases in the import prices of Miscellaneous manufactured articles, down 11%, Machinery and transport equipment, down 10% and Chemicals and related products n.e.s., down 8%. These decreases were partly offset by large increases in Animal and vegetable oils, fats and waxes, up 19% and Mineral fuels, lubricants and other related materials, up 17%.

Between 1997-98 and 2002-03 the all groups index increased by 11%. The major contributor to this increase was Mineral fuels, lubricants and other related materials, up 82%.

30.25 IMPORT PRICE INDEX(a), Index numbers based on SITC

Commodity (SITC)
1997-98
1998-99
1999-2000
2000-01
2001-02
2002-03

Food and live animals chiefly for food
129.0
125.1
116.9
121.4
122.5
125.1
Beverages and tobacco
126.0
130.5
127.0
128.5
132.9
139.2
Crude materials, inedible, except fuels
119.1
119.8
124.9
139.9
124.9
123.1
Mineral fuels, lubricants and other related materials
93.4
84.9
135.4
188.0
158.4
174.9
Animal and vegetable oils, fats and waxes
156.4
178.2
138.5
122.6
122.1
141.0
Chemicals and related products n.e.s.
112.9
114.2
111.0
128.1
128.5
120.2
Manufactured goods classified chiefly by material
116.7
122.6
120.2
131.3
133.9
129.2
Machinery and transport equipment
115.5
121.9
119.4
129.7
128.2
118.7
Miscellaneous manufactured articles
120.3
127.9
126.1
140.0
143.0
132.1
Commodities and transactions n.e.c.
90.5
91.9
89.8
99.6
110.8
115.4
All groups
115.4
119.9
120.2
134.3
132.3
126.0

(a) Reference year 1989-90 = 100.0.
Source: International Trade Price Indexes, Australia (6457.0).


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