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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 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, various 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 (BPM5). 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 (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.

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 net trade in services in 2002-03 recorded a deficit of $1.5b, an increase of $0.6b on the $0.9b deficit recorded in 2001-02. Services exports (credits) rose marginally, by $0.1b (0.5%) to $31.3b. Small rises in computer and information services and other business services were offset by a fall in travel services. Services imports (debits) increased by $0.7b to $32.8b (2.3%). Most categories recorded rises with the largest increase being $231m in other business services. Table 30.26 provides details of the international trade in services, by service type.

As shown in table 30.27, the main destinations for services exports in 2001-02 (the latest year available) were the United States of America (15%), the United Kingdom (11%), Japan (11%), Singapore (7%) and New Zealand (7%). Services exports to each of these markets fell in 2001-02, except for Singapore. The main source countries for services imports in 2001-02, as shown in table 30.28, were the United States of America (19%), the United Kingdom (11%), Singapore (7%), Hong Kong (SAR of China) (6%), Japan (5%) and New Zealand (5%). Services from Singapore have almost doubled since 1996-97 while services from Hong Kong have risen by over 50% since 1999-2000.

30.26 INTERNATIONAL TRADE IN SERVICES, By service type

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

EXPORTS

Transportation services
6,611
6,803
6,865
8,062
7,665
7,568
Passenger
5,550
5,604
5,848
7,024
6,664
6,643
Freight
1,061
1,199
1,017
1,038
1,001
925
Other
n.p.
n.p.
n.p.
n.p.
n.p.
n.p.
Travel services
11,540
11,944
13,139
15,366
14,775
14,485
Business
893
1,009
1,040
1,166
1,071
1,060
Personal
10,647
10,935
12,099
14,200
13,704
13,425
Communications services
1,361
1,239
1,475
1,397
976
1,057
Construction services
31
18
23
68
101
103
Insurance services
840
859
766
709
673
673
Financial services
713
716
747
747
784
784
Computer and information services
532
676
668
797
949
1,100
Royalties and licence fees
449
488
572
626
515
568
Other business services
2,224
2,552
2,904
3,185
3,391
3,566
Merchanting and other trade-related
481
586
501
489
549
496
Operational leasing
8
8
15
16
26
27
Miscellaneous business, professional and technical
1,735
1,958
2,388
2,680
2,894
3,043
Personal, cultural and recreational services
352
388
475
1,514
568
649
Government services n.e.i.
553
559
735
733
773
791
Total
25,206
26,242
28,369
33,204
31,200
31,344

IMPORTS

Transportation services
9,110
9,367
10,018
11,352
10,776
11,000
Passenger
3,224
3,485
3,876
4,337
4,182
4,266
Freight
5,013
5,009
5,257
5,991
5,626
5,810
Other
873
873
885
1,024
968
924
Travel services
8,372
9,044
9,836
11,189
10,934
11,025
Business
2,416
2,239
2,536
2,854
2,701
2,677
Personal
5,956
6,805
7,300
8,335
8,233
8,348
Communications services
1,407
1,467
1,664
1,766
1,459
1,414
Construction services
-
-
-
-
-
-
Insurance services
915
922
902
878
856
856
Financial services
442
468
527
528
556
556
Computer and information services
336
424
458
417
451
604
Royalties and license fees
1,519
1,692
1,805
1,706
1,791
1,825
Other business services
3,003
3,253
3,046
3,070
3,719
3,950
Merchanting and other trade-related
392
329
221
248
334
399
Operational leasing
-864
1,034
942
1,011
948
975
Miscellaneous business, professional and technical
1,747
1,890
1,883
1,811
2,437
2,576
Personal, cultural and recreational services
702
756
808
767
865
882
Government services n.e.i.
592
633
649
626
649
684
Total
26,398
28,026
29,713
32,299
32,056
32,796

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

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

1996-97
1997-98
1998-99
1999-2000
2000-01
2001-02
$m
$m
$m
$m
$m
$m

Belgium and Luxembourg
105
129
100
95
121
111
Brunei Darussalam
14
17
25
18
24
31
Canada
309
359
349
377
458
408
Central America and Caribbean
15
14
40
12
25
25
Chile
9
12
28
9
20
28
China (excl. SARs and Taiwan Prov.)
396
485
573
700
862
875
Fiji
62
122
149
192
146
113
France
207
191
265
290
396
343
Germany
665
725
732
767
868
775
Greece
49
60
64
78
83
54
Hong Kong (SAR of China)
1,054
1,033
964
985
1,154
1,460
Indonesia
1,029
933
835
806
883
962
Ireland, Republic of
77
94
126
165
215
214
Italy
244
251
288
271
310
228
Japan
3,688
3,520
3,253
3,312
3,609
3,343
Korea, Republic of (South)
927
614
449
598
727
780
Malaysia
733
774
659
769
856
807
Mexico
4
5
19
9
13
13
Netherlands
211
272
275
299
325
258
New Zealand
1,666
1,825
1,806
2,041
2,218
2,116
Papua New Guinea
279
341
287
370
376
256
Philippines
189
193
168
184
166
128
Russian Federation
63
60
45
56
76
64
Singapore
1,256
1,199
1,339
1,665
2,099
2,172
South Africa
177
167
217
176
222
169
Sweden
99
188
258
285
226
173
Switzerland
261
280
300
313
374
376
Taiwan
570
536
453
420
434
359
Thailand
474
356
347
441
486
458
United Kingdom
2,171
2,487
2,837
3,100
3,573
3,489
United States of America
3,220
4,108
4,351
4,569
5,042
4,662
Vietnam
n.a.
n.a.
103
96
102
162
Africa n.e.s.
103
122
114
134
146
150
America n.e.s.
324
265
327
292
210
135
Asia n.e.s.
994
980
1,023
1,133
1,366
1,369
Europe n.e.s.
645
554
665
747
1,021
1,021
Oceania n.e.s.
288
216
245
273
361
211
International institutions
2
-
-
-
-
-
Unallocated
1,647
1,719
2,163
2,321
2,709
2,904
Total
24,226
25,206
26,242
28,369
33,204
31,200
APEC
15,817
16,310
16,055
17,428
20,507
19,083
ASEAN
3,825
3,571
3,487
3,992
4,624
4,722
EU
4,152
4,678
5,219
5,667
6,591
5,911
OECD
14,371
15,478
15,780
16,986
19,992
17,756

(a) At the time of compilation, final country data for 2002-03 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)

1996-97
1997-98
1998-99
1999-2000
2000-01
2001-02
$m
$m
$m
$m
$m
$m

Belgium and Luxembourg
67
95
70
92
58
36
Brunei Darussalam
9
10
30
24
36
42
Canada
318
322
319
390
395
388
Central America and Caribbean
164
219
222
237
256
261
Chile
16
62
40
36
59
76
China (excl. SARs and Taiwan Prov.)
448
595
615
608
680
805
Fiji
179
248
318
354
322
323
France
288
393
351
380
428
419
Germany
529
709
841
870
1,149
1,273
Greece
212
237
234
268
285
279
Hong Kong (SAR of China)
1,276
1,255
1,158
1,273
1,688
1,957
Indonesia
707
682
583
525
576
638
Ireland, Republic of
140
178
153
181
230
252
Italy
536
526
459
421
437
459
Japan
1,546
1,285
1,697
2,010
2,051
1,750
Korea, Republic of (South)
282
315
205
206
336
302
Malaysia
629
690
744
745
923
788
Mexico
16
20
22
33
30
35
Netherlands
409
468
499
590
510
387
New Zealand
1,153
1,351
1,355
1,546
1,682
1,644
Papua New Guinea
174
226
150
162
179
160
Philippines
145
225
159
170
188
179
Russian Federation
79
62
57
43
157
126
Singapore
1,202
1,216
1,571
1,923
2,316
2,375
South Africa
156
194
189
170
188
235
Sweden
99
161
88
83
101
73
Switzerland
569
619
727
750
920
1,011
Taiwan
156
182
119
135
136
127
Thailand
407
494
533
625
759
792
United Kingdom
3,853
3,630
3,233
3,645
3,758
3,593
United States of America
4,956
5,585
5,602
6,203
6,440
5,931
Vietnam
n.a.
n.a.
278
214
248
265
Africa n.e.s.
164
184
269
424
370
337
America n.e.s.
224
223
160
135
160
164
Asia n.e.s.
609
738
733
902
1,145
1,228
Europe n.e.s.
864
895
1,021
907
982
1,178
Oceania n.e.s.
156
223
217
231
256
311
International institutions
-
-
1
1
1
-
Unallocated
1,416
1,895
3,000
2,198
1,864
1,858
Total
24,152
26,398
28,026
29,713
32,299
32,056
APEC
13,439
14,515
15,241
16,871
18,880
18,398
ASEAN
3,179
3,340
3,913
4,248
5,061
5,092
EU
6,429
6,856
6,284
6,880
7,356
7,317
OECD
15,569
16,503
16,499
18,179
19,367
18,546

(a) At the time of compilation, final country data for 2002-03 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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