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5368.0 - International Trade in Goods and Services, Australia, Sep 2003  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 30/10/2003   
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Feature Article - International Trade in Services by Partner Country, 2002-03


Introduction

This article provides financial year data for the years 1999-00 through to 2002-03 for Australia's international trade in services with selected major trading partners.

Table F1 presents Australia's international trade in services, for credits (exports) and debits (imports), for 2002-03, by the three broad service categories that are traded. Tables F2 to F4 show this information for the financial years 2001-02, 2000-01 and 1999-00.


Interpretation of data

The quality of statistics of international trade in services by partner country is considered to be good, although there are occasional difficulties due to lack of information or the confidentiality of the data for trading partners involved. Therefore about 7% of total credits and debits shown in Table F1 remain unallocated.

A comprehensive explanation of the data sources used and the methodology applied in the compilation of partner country statistics is provided in Chapter 17 of Balance of Payments and International Investment Position, Australia - Concepts, Sources and Methods (cat. no. 5331.0). This publication can be accessed on the ABS web site (www.abs.gov.au-select About Statistics/Concepts and Classifications/ABS concepts, sources, methods and statistical frameworks/5331.0 - Balance of Payments and International Investment Position, Australia - Concepts, Sources and Methods).


Analysis of Australian trade with selected partner countries

Table F1 shows that, in the financial year 2002-03, Australia recorded a deficit of $438 million in the balance on services. This was an increase of $57 million on the deficit for 2001-02.

The largest contribution to the overall deficit on services was the United States of America with a deficit of $0.9 billion. Deficits were recorded for most European trading partners, with Switzerland recording the largest deficit at $0.6 billion. Australia recorded surpluses with a number of its Asian trading partners, the largest being with Japan at $1.3 billion. Australia also recorded a surplus with New Zealand ($0.5 billion).


Further information

Further information and longer time series for both calendar and financial year data by partner country can be obtained by contacting Kevin Yeadon on Canberra 02 6252 6255, or fax 02 6252 8003, or email at k.yeadon@abs.gov.au.


Abbreviations

APECAsia Pacific Economic Co-operation
ASEANAssociation of South East Asian Nations
EUEuropean Union
OECDOrganisation for Economic Co-operation and Development
n.p.Not available for publication, but included in totals where applicable.




TABLE F1: INTERNATIONAL TRADE IN SERVICES BY SELECTED COUNTRIES AND COUNTRY GROUPS, 2002-03

CREDITS (EXPORTS)DEBITS (IMPORTS)
Balance on services
Total services
Trans-
portation
Travel
Other
Total services
Trans-
portation
Travel
Other
Country
$m
$m
$m
$m
$m
$m
$m
$m
$m

Belgium and Luxembourg
96
137
np
38
np
-41
np
-20
np
Brunei Darussalam
-26
27
np
11
np
-53
np
-11
np
Canada
-12
399
55
311
33
-412
-73
-267
-72
Central America and Caribbean
-238
14
np
4
np
-252
np
-37
np
Chile
-59
10
np
7
np
-70
np
-42
np
China, People's Republic of
53
976
123
731
122
-923
-366
-350
-207
Fiji
-254
131
41
69
21
-385
-67
-215
-103
France
-160
377
np
177
np
-538
np
-320
np
Germany
-414
761
220
462
79
-1,175
-747
-205
-223
Greece
-148
54
np
17
np
-202
np
-156
np
Hong Kong (SAR of China)
-356
1,308
227
603
478
-1,664
-586
-447
-631
Indonesia
449
972
131
697
144
-523
-241
-214
-69
Ireland, Republic of
93
318
0
167
151
-225
-19
-158
-48
Italy
-193
252
69
157
26
-446
np
-407
np
Japan
1,277
3,377
1,068
1,911
398
-2,100
-1,044
-327
-730
Korea, Republic of
428
837
120
675
42
-409
-190
-69
-150
Malaysia
193
885
97
634
154
-692
-372
-258
-62
Mexico
-25
14
0
12
2
-39
0
-36
-2
Netherlands
-273
285
np
182
np
-557
np
-92
np
New Zealand
530
2,339
617
1,243
479
-1,809
-535
-914
-361
Papua New Guinea
120
289
np
81
np
-169
np
-105
np
Peru
25
44
0
33
11
-19
0
-18
-2
Philippines
-62
118
0
68
50
-180
0
-115
-65
Russian Federation
-6
45
np
39
np
-52
0
-48
-4
Singapore
-361
2,089
745
801
543
-2,450
-1,943
-322
-185
South Africa
-55
236
np
110
np
-291
-77
-189
-25
Sweden
93
179
np
141
np
-86
np
-42
np
Switzerland
-599
397
np
168
np
-996
-692
-74
-231
Taiwan
179
352
30
306
16
-173
-63
-95
-16
Thailand
-332
479
np
352
np
-812
-300
-482
-29
United Kingdom
-14
3,672
781
1,970
921
-3,686
-940
-1,529
-1,217
United States of America
-880
5,187
753
1,385
3,049
-6,067
-656
-1,391
-4,020
Viet Nam
-136
200
np
112
np
-336
-52
-266
-18
Africa n.e.s.
-149
129
17
88
24
-278
-21
-234
-23
America n.e.s.
-14
155
10
120
25
-169
-35
-89
-46
Asia n.e.s.
69
1,594
266
852
476
-1,524
-825
-471
-229
Europe n.e.s.
-183
938
277
535
126
-1,121
-250
-697
-174
Oceania n.e.s.
-118
229
35
125
69
-346
-27
-272
-48
Unallocated
1,026
2,663
1,799
50
2,106
-1,638
-860
-29
-1,930
Total all countries
-438
32,471
7,481
15,443
9,547
-32,909
-10,978
-11,012
-10,919
APEC
781
19,733
4,062
10,012
5,660
-18952
-6,484
-5,776
-6,692
ASEAN
-284
4,763
1,051
2,675
1,037
-5047
-2,949
-1,668
-430
EU
-1,218
6,187
1,338
3,311
1,538
-7405
-2,087
-3,185
-2,132
OECD
-750
18,612
4,094
9,016
5,502
-19362
-5,280
-6,350
-7,731


TABLE F2: INTERNATIONAL TRADE IN SERVICES BY SELECTED COUNTRIES AND COUNTRY GROUPS, 2001-02

CREDITS (EXPORTS)DEBITS (IMPORTS)
Balance on services
Total services
Trans-
portation
Travel
Other
Total services
Trans-
portation
Travel
Other
Country
$m
$m
$m
$m
$m
$m
$m
$m
$m

Belgium and Luxembourg
79
115
np
39
np
-36
-6
-16
-14
Brunei Darussalam
-8
34
np
14
np
-42
np
-10
np
Canada
29
416
48
336
32
-387
-81
-250
-56
Central America and Caribbean
-236
24
0
5
19
-260
np
-29
np
Chile
-59
16
np
9
np
-76
np
-24
np
China, People's Republic of
114
921
74
717
130
-808
-308
-350
-150
Fiji
-212
114
np
69
np
-326
-60
-186
-81
France
-62
357
np
201
np
-419
-45
-281
-93
Germany
-471
803
235
485
83
-1,274
-814
-213
-248
Greece
-218
61
np
27
np
-278
np
-175
np
Hong Kong (SAR of China)
-548
1,421
290
595
536
-1,968
-561
-533
-875
Indonesia
353
986
168
665
153
-633
-299
-270
-65
Ireland, Republic of
-32
220
0
180
40
-252
-19
-166
-67
Italy
-219
238
np
157
np
-457
-30
-406
-21
Japan
1,269
3,465
1,129
1,962
374
-2,196
-890
-314
-992
Korea, Republic of
516
818
130
629
59
-302
-151
-67
-83
Malaysia
50
839
102
629
108
-790
-459
-284
-47
Mexico
-22
13
np
11
np
-35
0
-32
-3
Netherlands
-126
271
14
194
63
-398
-74
-67
-257
New Zealand
541
2,190
479
1,270
441
-1,649
-496
-883
-270
Papua New Guinea
193
355
np
97
np
-162
-14
-93
-55
Peru
14
33
np
32
np
-18
0
-18
-0
Philippines
-28
141
0
74
67
-169
-5
-122
-42
Russian Federation
-66
63
np
47
np
-130
-84
-39
-7
Singapore
-127
2,242
900
855
487
-2,369
-1,771
-418
-180
South Africa
-46
183
np
129
np
-229
-55
-152
-22
Sweden
108
181
0
136
45
-73
-8
-33
-33
Switzerland
-628
384
np
177
np
-1,012
-760
-58
-193
Taiwan
251
379
34
329
16
-129
-27
-98
-4
Thailand
-322
472
np
350
np
-794
-250
-520
-24
United Kingdom
39
3,595
724
1,973
898
-3,556
-811
-1,512
-1,233
United States of America
-1,052
5,016
755
1,435
2,826
-6,069
-816
-1,323
-3,930
Viet Nam
-111
156
0
104
52
-267
np
-215
np
Africa n.e.s.
-62
272
112
97
63
-334
-51
-240
-43
America n.e.s.
-10
137
12
115
10
-147
-24
-77
-46
Asia n.e.s.
283
1,527
280
816
431
-1,245
-534
-425
-286
Europe n.e.s.
-267
924
271
523
130
-1,190
-296
-730
-165
Oceania n.e.s.
-82
228
49
125
54
-311
-34
-258
-18
Unallocated
795
2,637
1,859
37
1,819
-1,842
-946
-31
-1,335
Total all countries
-381
32,250
7,665
15,645
8,940
-32,631
-10,776
-10,918
-10,937
APEC
831
19,823
4,310
10,160
5,353
-18,992
-6,303
-5,865
-6,825
ASEAN
-200
4,879
1,281
2,691
907
-5,079
-2,858
-1,839
-382
EU
-1,226
5,980
1,273
3,392
1,315
-7,206
-2,083
-3,105
-2,017
OECD
-816
18,212
4,008
9,212
4,992
-19,028
-5,315
-6,128
-7,584

TABLE F3: INTERNATIONAL TRADE IN SERVICES BY SELECTED COUNTRIES AND COUNTRY GROUPS, 2000-01

CREDITS (EXPORTS)DEBITS (IMPORTS)
Balance on services
Total services
Trans-
portation
Travel
Other
Total services
Trans-
portation
Travel
Other
Country
$m
$m
$m
$m
$m
$m
$m
$m
$m

Belgium and Luxembourg
53
111
np
39
np
-58
-4
-20
-34
Brunei Darussalam
-14
21
np
11
np
-36
np
-10
np
Canada
37
429
67
316
46
-392
-77
-241
-74
Central America and Caribbean
-250
6
np
5
np
-255
np
-28
np
Chile
-48
13
np
10
np
-61
np
-25
np
China, People's Republic of
192
868
154
616
98
-676
-318
-264
-94
Fiji
-179
142
np
70
np
-321
-77
-181
-64
France
-59
366
np
202
np
-425
-14
-271
-140
Germany
-293
856
208
541
107
-1,149
-746
-187
-215
Greece
-205
77
np
33
np
-281
-81
-184
-16
Hong Kong (SAR of China)
-504
1,179
288
572
319
-1,683
-640
-537
-506
Indonesia
298
869
145
609
115
-571
-234
-268
-69
Ireland, Republic of
-13
216
0
170
46
-229
-19
-160
-49
Italy
-142
294
np
195
np
-436
-32
-360
-44
Japan
1,204
3,699
1,254
2,093
352
-2,494
-1,202
-276
-1,016
Korea, Republic of
409
744
124
546
74
-335
-153
-59
-123
Malaysia
-66
852
121
592
139
-918
-553
-304
-62
Mexico
-16
13
np
10
np
-29
0
-27
-3
Netherlands
-210
308
53
202
53
-518
-162
-95
-261
New Zealand
615
2,284
444
1,292
548
-1,669
-565
-815
-289
Papua New Guinea
214
390
113
116
161
-176
-23
-128
-25
Peru
22
23
0
17
6
-1
0
0
-1
Philippines
-27
157
np
81
np
-184
-4
-128
-52
Russian Federation
-86
73
np
49
np
-159
-124
-30
-5
Singapore
-186
2,119
872
833
414
-2,305
-1,691
-375
-239
South Africa
30
219
62
125
32
-190
-52
-125
-13
Sweden
129
230
np
142
np
-101
-8
-34
-59
Switzerland
-539
382
143
194
45
-920
-703
-63
-154
Taiwan
308
444
42
379
23
-136
-26
-98
-12
Thailand
-262
492
125
326
41
-754
-267
-462
-25
United Kingdom
-202
3,569
760
1,832
977
-3,771
-721
-1,710
-1,340
United States of America
-252
6,191
855
1,516
3,820
-6,442
-1,379
-1,769
-3,295
Viet Nam
-134
111
np
85
np
-245
np
-172
np
Africa n.e.s.
-179
182
np
91
np
-361
-50
-291
-21
America n.e.s.
37
194
np
105
np
-157
np
-73
np
Asia n.e.s.
361
1,508
254
718
536
-1,147
-496
-366
-286
Europe n.e.s.
104
1,080
241
532
307
-975
-230
-632
-113
Oceania n.e.s.
-47
208
38
129
41
-255
-35
-199
-20
Unallocated
766
2,628
1,699
113
1,678
-1,862
-663
-108
-1,537
Total all countries
866
33,547
8,062
15,507
9,978
-32,681
-11,352
-11,072
-10,257
APEC
1,535
20,803
4,631
10,069
6,103
-19,268
-7,325
-5,986
-5,956
ASEAN
-388
4,640
1,301
2,537
802
-5,028
-2,806
-1,719
-503
EU
-1,126
6,200
1,368
3,356
1,476
-7,326
-1,941
-3,218
-2,167
OECD
22
19,790
4,227
9,323
6,240
-19,768
-6,057
-6,560
-7,151

TABLE F4: INTERNATIONAL TRADE IN SERVICES BY SELECTED COUNTRIES AND COUNTRY GROUPS, 1999-00

CREDITS (EXPORTS)DEBITS (IMPORTS)
Balance on services
Total services
Trans-
portation
Travel
Other
Total services
Trans-
portation
Travel
Other
Country
$m
$m
$m
$m
$m
$m
$m
$m
$m

Belgium and Luxembourg
4
95
np
35
np
-91
np
-18
np
Brunei Darussalam
-5
19
np
12
np
-24
np
-9
np
Canada
-10
379
69
256
54
-389
-101
-215
-73
Central America and Caribbean
82
320
np
3
np
-238
np
-25
np
Chile
-27
11
0
10
1
-38
-13
-23
-2
China, People's Republic of
92
701
114
450
137
-608
-277
-235
-97
Fiji
-164
190
95
61
34
-354
-110
-158
-86
France
-91
290
np
184
np
-381
-14
-243
-124
Germany
-104
768
171
457
140
-872
-486
-167
-218
Greece
-188
78
np
29
np
-267
-85
-166
-16
Hong Kong (SAR of China)
-292
981
291
486
204
-1,273
-584
-476
-213
Indonesia
261
787
143
532
112
-526
-199
-239
-87
Ireland, Republic of
-15
165
0
139
26
-181
-17
-142
-22
Italy
-151
271
67
177
27
-421
-49
-322
-50
Japan
1,105
3,344
1,174
1,814
356
-2,239
-1,150
-246
-843
Korea, Republic of
391
597
103
455
39
-206
-43
-52
-111
Malaysia
10
754
103
519
132
-744
-412
-270
-62
Mexico
-23
10
np
6
np
-33
0
-23
-10
Netherlands
-297
300
76
174
50
-597
-228
-84
-285
New Zealand
510
2,056
424
1,092
540
-1,546
-509
-723
-314
Papua New Guinea
219
380
102
103
175
-162
-28
-114
-20
Peru
0
0
0
0
0
-0
0
0
-0
Philippines
3
174
np
77
np
-171
-4
-115
-52
Russian Federation
11
56
np
36
np
-45
-16
-26
-3
Singapore
-258
1,659
596
695
368
-1,916
-1,284
-333
-299
South Africa
11
183
59
88
36
-172
-44
-110
-18
Sweden
203
285
np
125
np
-82
-9
-29
-45
Switzerland
-438
313
109
168
36
-751
-568
-55
-128
Taiwan
284
420
52
341
27
-136
-27
-86
-22
Thailand
-197
429
128
263
38
-626
-178
-409
-39
United Kingdom
-556
3,105
634
1,548
923
-3,661
-880
-1,523
-1,258
United States of America
-1,473
4,758
664
1,294
2,800
-6,231
-1,205
-1,571
-3,455
Viet Nam
-115
99
0
74
25
-213
np
-154
np
Africa n.e.s.
-286
134
8
102
24
-420
-141
-258
-20
America n.e.s.
130
296
174
83
39
-165
np
-65
np
Asia n.e.s.
338
1,208
323
549
336
-870
-340
-321
-209
Europe n.e.s.
-139
763
147
482
134
-902
-225
-566
-111
Oceania n.e.s.
5
235
77
115
43
-230
-42
-177
-11
Unallocated
-272
1,946
962
105
1,700
-2,219
-748
-89
-1,842
Total all countries
-1,444
28,557
6,865
13,139
8,553
-30,001
-10,018
-9,836
-10,147
APEC
362
17,489
4,022
8,515
4,952
-17,127
-6,061
-5,319
-5,747
ASEAN
-308
3,933
1,018
2,172
743
-4,240
-2,112
-1,529
-599
EU
-1,375
5,494
1,165
2,868
1,461
-6,869
-1,893
-2,868
-2,108
OECD
-1,585
16,844
3,710
7,953
5,181
-18,430
-5,531
-5,835
-7,064



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