5368.0 - International Trade in Goods and Services, Australia, Feb 2016 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 05/04/2016   
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FEBRUARY KEY FIGURES

Dec 2015
Jan 2016
Feb 2016
Jan 16 to Feb 16
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
-3 571
-3 614
-3 600
-
Seasonally adjusted
-3 956
-3 156
-3 410
-8
CREDITS (Exports of goods & services)
Trend estimates
25 698
25 395
25 158
-1
Seasonally adjusted
25 117
25 573
25 265
-1
DEBITS (Imports of goods & services)
Trend estimates
29 269
29 009
28 758
-1
Seasonally adjusted
29 072
28 729
28 675
-

- 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



FEBRUARY KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a deficit of $3,600m in February 2016, a decrease of $14m on the deficit in January 2016.
  • In seasonally adjusted terms, the balance on goods and services was a deficit of $3,410m in February 2016, an increase of $254m (8%) on the deficit in January 2016.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits fell $308m (1%) to $25,265m. Non-monetary gold fell $290m (20%) and rural goods fell $200m (5%). Non-rural goods rose $232m (2%). Net exports of goods under merchanting remained steady at $40m. Services credits fell $50m (1%).


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits fell $54m to $28,675m. Intermediate and other merchandise goods fell $269m (3%). Consumption goods rose $272m (3%), non-monetary gold rose $23m (7%) and capital goods rose $23m. Services debits fell $102m (2%).


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
March 2016 5 May 2016
April 2016 2 June 2016
May 2016 5 July 2016
June 2016 2 August 2016
July 2016 8 September 2016
August 2016 6 October 2016



PRIVACY

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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 5706 for Services.