5368.0 - International Trade in Goods and Services, Australia, Nov 2017 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 05/01/2018   
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NOVEMBER KEY FIGURES

Sep 2017
Oct 2017
Nov 2017
Oct 17 to Nov 17
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
423
102
-194
(a). .
Seasonally adjusted
1 169
-302
-628
-108
CREDITS (Exports of goods & services)
Trend estimates
32 060
31 955
31 852
-
Seasonally adjusted
32 595
31 712
31 853
-
DEBITS (Imports of goods & services)
Trend estimates
31 637
31 852
32 047
1
Seasonally adjusted
31 426
32 014
32 481
1

. . not applicable
- nil or rounded to zero (including null cells)
(a) See paragraph 15 of the Explanatory Notes.

Balance on Goods and Services
Graph: This graph shows the Balance on Goods and Services for the Trend and Seasonally adjusted series



NOVEMBER KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a deficit of $194m in November 2017, a turnaround of $296m on the surplus in October 2017.
  • In seasonally adjusted terms, the balance on goods and services was a deficit of $628m in November 2017, an increase of $326m on the deficit in October 2017.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits rose $141m to $31,853m. Non-rural goods rose $394m (2%) and rural goods rose $25m (1%). Non-monetary gold fell $425m (23%). Net exports of goods under merchanting remained steady at $53m. Services credits rose $147m (2%).


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits rose $467m (1%) to $32,481m. Consumption goods rose $213m (3%), capital goods rose $190m (3%) and intermediate and other merchandise goods rose $81m (1%). Non-monetary gold fell $100m (25%). Services debits rose $83m (1%).


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
December 2017 6 February 2018
January 2018 8 March 2018
February 2018 5 April 2018
March 2018 3 May 2018
April 2018 7 June 2018
May 2018 4 July 2018



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INQUIRIES

For further information contact Balance of Payments at <balance.of.payments@abs.gov.au> for goods, and International Trade in Services at <trade.services@abs.gov.au> for services.