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5368.0 - International Trade in Goods and Services, Australia, Jan 2015 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 05/03/2015 Released Today  
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JANUARY KEY FIGURES

Nov 2014
Dec 2014
Jan 2015
Dec 14 to Jan 15
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
-1 020
-916
-847
8
Seasonally adjusted
-1 066
-503
-980
-95
CREDITS (Exports of goods & services)
Trend estimates
26 981
27 149
27 285
1
Seasonally adjusted
26 856
27 186
27 529
1
DEBITS (Imports of goods & services)
Trend estimates
28 001
28 065
28 132
-
Seasonally adjusted
27 923
27 689
28 509
3

- 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



JANUARY KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a deficit of $847m in January 2015, a decrease of $69m (8%) on the deficit in December 2014.
  • In seasonally adjusted terms, the balance on goods and services was a deficit of $980m in January 2015, an increase of $477m (95%) on the deficit in December 2014.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits rose $343m (1%) to $27,529m. Non-rural goods rose $398m (2%) and non-monetary gold rose $29m (2%). Rural goods fell $70m (2%) and net exports of goods under merchanting fell $10m (23%). Services credits fell $4m.


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits rose $820m (3%) to $28,509m. Intermediate and other merchandise goods rose $346m (4%), capital goods rose $308m (6%) and consumption goods rose $192m (3%). Non-monetary gold fell $28m (10%). Services debits rose $2m.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
February 2015 2 April 2015
March 2015 5 May 2015
April 2015 4 June 2015
May 2015 2 July 2015
June 2015 4 August 2015
July 2015 3 September 2015



REVISIONS

See the Revisions section for details.


CHANGES IN THIS AND FORTHCOMING ISSUES

Changes in this issue:
  • changes applied to export data on a merchandise trade basis
  • impacts on services due to delays of Overseas Arrivals and Departures (OAD) data
  • changes to the AHECC
  • changes to the Customs Tariff import classification.

Changes in forthcoming issues:
  • delays of Overseas Arrivals and Departures (OAD) data.

See the Changes in this and forthcoming issues section for details.


VALUE ADJUSTMENTS

Adjustments have been made to the value of the 'metal ores and minerals' and 'coal, coke and briquettes' in the balance of payments series.

See the Value adjustments section for details.


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 5926 for Services.


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Commonwealth of Australia 2015

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