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APRIL KEY FIGURES

		Feb 2014	Mar 2014	Apr 2014	Mar 14 to Apr 14
		$m	$m	$m	% change
BALANCE ON GOODS AND SERVICES
	Trend estimates	857	919	891	-3
	Seasonally adjusted	1 729	902	-122	(a). .
CREDITS (Exports of goods and services)
	Trend estimates	29 012	29 156	29 203	-
	Seasonally adjusted	29 581	28 918	28 497	-1
DEBITS (Imports of goods and services)
	Trend estimates	28 155	28 237	28 312	-
	Seasonally adjusted	27 853	28 015	28 619	2
. . not applicable
- nil or rounded to zero (including null cells)
(a) See paragraph 15 of the Explanatory Notes.

Balance on Goods and Services

• In trend terms, the balance on goods and services was a surplus of $891m in April 2014, a decrease of $28m (3%) on the surplus in March 2014.
• In seasonally adjusted terms, the balance on goods and services was a deficit of $122m in April 2014, a turnaround of $1,024m on the surplus in March 2014.

• In seasonally adjusted terms, goods and services credits fell $421m (1%) to $28,497m. Rural goods fell $208m (6%), non-monetary gold fell $131m (11%), non-rural goods fell $96m and net exports of goods under merchanting fell $3m (19%). Services credits rose $17m.

• In seasonally adjusted terms, goods and services debits rose $604m (2%) to $28,619m. Capital goods rose $399m (8%) and consumption goods rose $192m (3%). Intermediate and other merchandise goods fell $76m (1%) and non-monetary gold fell $6m (2%). Services debits rose $96m (2%).

• on an international merchandise trade basis, exports and imports have been revised back to October 2013
• on a balance of payments basis revisions have been applied to:
  • goods debits back to July 2013
  • services debits back to January 2014.