5368.0 - International Trade in Goods and Services, Australia, 2002  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 30/10/2002   
   Page tools: Print Print Page Print all pages in this productPrint All

Feature Article - International Trade in Goods and Services by Partner Country 2001-02
This article was published in International Trade in Goods and Services, Australia (Cat. No. 5368.0) Sep 2002.

Introduction

This article provides financial year 2001-02 and 2000-01 data for Australia's international trade in goods and services with selected major trading partners

Table F1 presents, for Australia's top 12 trading partners, the goods and services credits (exports) and debits (imports), and the balances, for 1999-00 to 2001-02. Tables F2 and F3 extend the analysis to over 40 countries and country groups, for 2001-02 and 2000-01 respectively, separately showing trade in goods and trade in services. Tables F4 and F5 present, for the same countries and groups as in Tables F2 and F3, three broad services categories.

Interpretation of Data

The quality of statistics of international trade in goods and services by partner country is considered to be good, although there are occasional difficulties due to lack of information or the confidentiality of the trading partners involved. Therefore about 2% of total credits and debits shown in Table F2 for 2001-02 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 this site.

Revisions to Past Data

Receipt of passenger card information from the Department of Immigration and Multicultural and Indigenous Affairs (DIMIA) has resulted in revisions to the estimates for travel services credits and debits. As a result, revisions have been applied to financial year 2000-01 data included in Tables F3 and F5 in this article.

Analysis of Australian Trade with Selected Partner Countries

Table F1 shows that, in the financial year 2001-02, Australia recorded a deficit of $1.6 billion in the balance on goods and services, a turnaround of $2.5 billion on the surplus for 2000-01. The selected countries shown in Table F1 contributed 71% of Australia's total trade in 2001-02.

In terms of Australia's major trading partners, the largest contribution to the overall deficit on goods and services was the United States of America with a deficit of $11.5 billion. A deterioration in the trading positions with Singapore, Taiwan, Germany and Japan of $1.2 billion, $0.9 billion, $0.8 billion and $0.7 billion, respectively, during 2001-02 contributed to the turnaround in the balance of goods and services. These deteriorations were partly offset by a reduction in the deficit with the United Kingdom of $0.4m, and an increase in the surplus with New Zealand of $0.7 billion.

Table F2 shows that, with the exception of the small surpluses with Belgium and Luxembourg, the Netherlands and the Russian Federation, Australia ran trade deficits with all of the identified European trading partners in 2001-02 (including the residual category for Europe n.e.s.), with many of those individual deficits over $1.0 billion.

Table F4 provides further details of the balance of trade in services with selected trading partners in 2001-02. Deficits were recorded for most European trading partners, with the major exception being the United Kingdom with which there was a surplus of $0.7 billion. Australia recorded surpluses with a number of its Asian trading partners, the largest being with Japan at $1.7 billion. Australia also recorded a surplus with New Zealand ($0.6 billion). The largest trade in services deficit was recorded with the United States of America at $1.7 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

TABLE F1: AUSTRALIA'S TRADE IN GOODS AND SERVICES WITH SELECTED MAJOR TRADING PARTNERS

Balance on Goods and ServicesCreditsDebits
1999-00
2000-01
2001-02
1999-00
2000-01
2001-02
1999-00
2000-01
2001-02
Country
$m
$m
$m
$m
$m
$m
$m
$m
$m

China, Peoples Republic of
-2,485
-2,960
-3,137
5,706
7,760
8,703
-8,191
-10,720
-11,840
Germany
-4,699
-5,059
-5,848
2,040
2,367
2,210
-6,739
-7,426
-8,058
Hong Kong (SAR of China)
1,625
1,996
2,102
4,219
5,097
5,479
-2,594
-3,101
-3,377
Indonesia
-26
26
-618
3,234
4,022
4,163
-3,260
-3,996
-4,781
Japan
5,972
9,677
8,976
22,278
27,297
26,368
-16,306
-17,620
-17,392
Korea, Republic of
3,725
4,839
5,444
8,281
10,022
10,682
-4,556
-5,183
-5,238
Malaysia
-1,632
-1,785
-1,364
2,925
3,378
3,345
-4,557
-5,163
-4,709
New Zealand
2,837
2,794
3,478
8,830
9,156
9,884
-5,993
-6,362
-6,406
Singapore
1,025
1,977
814
6,558
8,161
7,137
-5,533
-6,184
-6,323
Taiwan
1,740
2,863
1,938
5,154
6,382
5,237
-3,414
-3,519
-3,299
United Kingdom
-1,751
-778
-356
7,316
8,272
8,679
-9,067
-9,050
-9,035
United States of America
-15,512
-11,452
-11,525
14,269
17,707
16,867
-29,781
-29,159
-28,392
Sub-total
-9,181
2,138
-96
90,810
109,621
108,754
-99,991
-107,483
-108,850
All other countries
-5,108
-1,263
-1,477
35,224
43,890
43,642
-40,332
-45,153
-45,119
Total all countries
-14,289
875
-1,573
126,034
153,511
152,396
-140,323
-152,636
-153,969



TABLE F2: GOODS AND SERVICES BY SELECTED COUNTRIES AND COUNTRY GROUPS, 2001-02

CREDITSDEBITS
Balance on goods and services
Total goods and services
Goods
Services
Total goods and services
Goods
Services
Country
$m
$m
$m
$m
$m
$m
$m

Belgium and Luxembourg
23
939
867
72
-916
-885
-31
Brunei Darussalam
-356
64
50
14
-420
-411
-9
Canada
349
2,330
1,910
420
-1,981
-1,625
-356
Central America and Caribbean
-48
214
187
27
-262
-233
-29
Chile
36
179
155
24
-143
-98
-45
China, People's Republic of
-3,137
8,703
7,867
836
-11,840
-11,366
-474
Fiji
136
616
532
84
-480
-234
-246
France
-1,485
1,634
1,311
323
-3,119
-2,721
-398
Germany
-5,848
2,210
1,355
855
-8,058
-6,807
-1,251
Greece
-535
133
87
46
-668
-414
-254
Hong Kong (SAR of China)
2,102
5,479
4,036
1,443
-3,377
-1,421
-1,956
Indonesia
-618
4,163
3,218
945
-4,781
-4,137
-644
Ireland, Republic of
-1,334
405
186
219
-1,739
-1,485
-254
Italy
-1,542
2,350
2,181
169
-3,892
-3,446
-446
Japan
8,976
26,368
22,966
3,402
-17,392
-15,670
-1,722
Korea, Republic of
5,444
10,682
9,897
785
-5,238
-4,937
-301
Malaysia
-1,364
3,345
2,544
801
-4,709
-3,903
-806
Mexico
-69
488
481
7
-557
-526
-31
Netherlands
370
1,857
1,543
314
-1,487
-1,106
-381
New Zealand
3,478
9,884
7,716
2,168
-6,406
-4,793
-1,613
Papua New Guinea
-124
1,193
1,020
173
-1,317
-1,136
-181
Peru
22
108
54
54
-86
-71
-15
Philippines
635
1,393
1,265
128
-758
-630
-128
Russian Federation
22
227
180
47
-205
-41
-164
Singapore
814
7,137
4,977
2,160
-6,323
-4,098
-2,225
South Africa
319
1,471
1,352
119
-1,152
-879
-273
Sweden
-1,388
396
222
174
-1,784
-1,638
-146
Switzerland
-1,075
466
229
237
-1,541
-1,315
-226
Taiwan
1,938
5,237
4,880
357
-3,299
-3,164
-135
Thailand
-641
2,691
2,318
373
-3,332
-2,921
-411
United Kingdom
-356
8,679
5,236
3,443
-9,035
-6,280
-2,755
United States of America
-11,525
16,867
12,162
4,705
-28,392
-21,963
-6,429
Viet Nam
-1,365
668
502
166
-2,033
-1,856
-177
Africa n.e.s.
355
2,195
1,918
277
-1,840
-232
-1,608
America n.e.s.
-207
782
666
116
-989
-678
-311
Asia n.e.s.
6,580
12,095
10,875
1,220
-5,515
-4,190
-1,325
Europe n.e.s.
-1,969
3,311
2,204
1,107
-5,280
-3,768
-1,512
Oceania n.e.s.
694
1,418
882
536
-724
-165
-559
Unallocated
1,119
4,018
1,168
2,850
-2,899
-684
-2,215
Total all countries
-1,573
152,396
121,199
31,197
-153,969
-121,927
-32,042
APEC
5,428
107,463
88,572
18,891
-102,035
-83,610
-18,425
ASEAN
-2,157
19,534
14,994
4,540
-21,691
-17,218
-4,473
EU
-11,094
20,882
14,847
6,035
-31,976
-25,181
-6,795
OECD
-4,090
88,857
70,891
17,966
-92,947
-76,361
-16,586



TABLE F3: GOODS AND SERVICES BY SELECTED COUNTRIES AND COUNTRY GROUPS, 2000-01

CREDITSDEBITS
Balance on goods and services
Total goods and services
Goods
Services
Total goods and services
Goods
Services
Country
$m
$m
$m
$m
$m
$m
$m

Belgium and Luxembourg
204
1,094
1,012
82
-890
-837
-53
Brunei Darussalam
-307
61
45
16
-368
-353
-15
Canada
-73
2,248
1,785
463
-2,321
-1,891
-430
Central America and Caribbean
-170
228
202
26
-398
-369
-29
Chile
26
161
133
28
-135
-79
-56
China, People's Republic of
-2,960
7,760
6,898
862
-10,720
-9,981
-739
Fiji
151
748
646
102
-597
-257
-340
France
-1,516
1,431
1,090
341
-2,947
-2,510
-437
Germany
-5,059
2,367
1,500
867
-7,426
-6,256
-1,170
Greece
-184
212
166
46
-396
-109
-287
Hong Kong (SAR of China)
1,996
5,097
3,942
1,155
-3,101
-1,377
-1,724
Indonesia
26
4,022
3,137
885
-3,996
-3,412
-584
Ireland, Republic of
-1,020
393
177
216
-1,413
-1,153
-260
Italy
-1,425
2,356
2,116
240
-3,781
-3,301
-480
Japan
9,677
27,297
23,690
3,607
-17,620
-15,570
-2,050
Korea, Republic of
4,839
10,022
9,284
738
-5,183
-4,849
-334
Malaysia
-1,785
3,378
2,521
857
-5,163
-4,234
-929
Mexico
-230
389
375
14
-619
-589
-30
Netherlands
655
2,079
1,752
327
-1,424
-917
-507
New Zealand
2,794
9,156
6,938
2,218
-6,362
-4,624
-1,738
Papua New Guinea
-344
1,322
1,059
263
-1,666
-1,475
-191
Peru
1
1
0
1
0
0
0
Philippines
1,014
1,663
1,513
150
-649
-518
-131
Russian Federation
217
323
266
57
-106
-27
-79
Singapore
1,977
8,161
6,059
2,102
-6,184
-3,984
-2,200
South Africa
328
1,474
1,310
164
-1,146
-887
-259
Sweden
-1,416
391
185
206
-1,807
-1,638
-169
Switzerland
-724
655
274
381
-1,379
-1,184
-195
Taiwan
2,863
6,382
5,943
439
-3,519
-3,368
-151
Thailand
-640
2,604
2,241
363
-3,244
-2,818
-426
United Kingdom
-778
8,272
4,692
3,580
-9,050
-6,401
-2,649
United States of America
-11,452
17,707
11,750
5,957
-29,159
-22,633
-6,526
Viet Nam
-55
91
0
91
-146
0
-146
Africa n.e.s.
95
1,832
1,614
218
-1,737
-165
-1,572
America n.e.s.
-181
950
732
218
-1,131
-819
-312
Asia n.e.s.
3,125
11,492
10,082
1,410
-8,367
-7,389
-978
Europe n.e.s.
-1,338
3,312
2,143
1,169
-4,650
-3,231
-1,419
Oceania n.e.s.
961
1,590
932
658
-629
-160
-469
Unallocated
1,583
4,790
2,103
2,687
-3,207
-972
-2,235
Total all countries
875
153,511
120,307
33,204
-152,636
-120,337
-32,299
APEC
5,823
107,463
76,964
20,354
-101,640
-83,026
-18,614
ASEAN
-2,702
19,534
13,790
4,587
-22,236
-17,801
-4,435
EU
-11,478
20,882
12,830
6,619
-32,360
-25,657
-6,703
OECD
-5,258
88,857
61,409
19,925
-94,115
-77,582
-16,533


TABLE F4: SERVICES BY SELECTED COUNTRIES AND COUNTRY GROUPS, 2001-02

CREDITSDEBITS
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
41
72
n.p.
39
33
-31
n.p.
-17
-14
Brunei Darussalam
5
14
n.p.
12
2
-9
n.p.
-9
0
Canada
64
420
51
330
39
-356
-81
-221
-54
Central America and Caribbean
-2
27
0
8
19
-29
n.p.
-28
-1
Chile
-21
24
n.p.
22
2
-45
-22
-23
0
China, People's Republic of
362
836
74
634
128
-474
n.p.
-328
-146
Fiji
-162
84
n.p.
64
20
-246
-60
-169
-17
France
-75
323
n.p.
230
93
-398
-45
-260
-93
Germany
-396
855
235
540
80
-1,251
-813
-192
-246
Greece
-208
46
n.p.
38
8
-254
-77
-176
-1
Hong Kong (SAR of China)
-513
1,443
290
542
611
-1,956
-560
-535
-861
Indonesia
301
945
168
608
169
-644
-299
-275
-70
Ireland, Republic of
-35
219
0
177
42
-254
-19
-169
-66
Italy
-277
169
n.p.
153
16
-446
-30
-395
-21
Japan
1,680
3,402
1,129
1,916
357
-1,722
-891
-286
-545
Korea, Republic of
484
785
130
593
62
-301
-152
-66
-83
Malaysia
-5
801
102
586
113
-806
-459
-301
-46
Mexico
-24
7
0
7
0
-31
0
-29
-2
Netherlands
-67
314
15
239
60
-381
-74
-60
-247
New Zealand
555
2,168
484
1,252
432
-1,613
-496
-852
-265
Papua New Guinea
-8
173
n.p.
96
77
-181
-14
-113
-54
Peru
39
54
0
54
0
-15
0
-15
0
Philippines
0
128
n.p.
67
61
-128
-3
-74
-51
Russian Federation
-117
47
n.p.
43
4
-164
-84
-77
-3
Singapore
-65
2,160
910
793
457
-2,225
-1,770
-267
-188
South Africa
-154
119
n.p.
92
27
-273
-55
-192
-26
Sweden
28
174
n.p.
129
45
-146
0
-113
-33
Switzerland
11
237
n.p.
171
66
-226
n.p.
-33
-193
Taiwan
222
357
34
306
17
-135
-27
-105
-3
Thailand
-38
373
n.p.
326
47
-411
-250
-140
-21
United Kingdom
688
3,443
731
1,820
892
-2,755
-811
-677
-1,267
United States of America
-1,724
4,705
755
1,376
2,574
-6,429
-815
-1,839
-3,775
Viet Nam
-11
166
0
113
53
-177
n.p.
-167
-10
Africa n.e.s.
-1,331
277
135
81
61
-1,608
-51
-1,513
-44
America n.e.s.
-195
116
16
88
12
-311
-28
18
-301
Asia n.e.s.
-105
1,220
381
456
383
-1,325
-895
-162
-268
Europe n.e.s.
-405
1,107
619
287
201
-1,512
-1,063
-278
-171
Oceania n.e.s.
-23
536
169
323
44
-559
-34
-447
-78
Unallocated
635
2,687
1,276
167
1,244
-2,235
-570
-447
-1,218
Total all countries
-845
33,204
8,062
15,366
9,776
-32,299
-11,352
-11,189
-9,758
APEC
466
18,891
4,266
9,466
5,159
-18,425
-7,102
-5,630
-5,693
ASEAN
67
4,540
1,248
2,392
900
-4,473
-2,796
-1,233
-444
EU
-760
6,035
1,261
3,484
1,290
-6,795
-1,963
-2,310
-2,522
OECD
1,380
17,966
3,986
9,151
4,829
-16,586
-5,435
-5,636
-5,515

(a) For cells annotated 'n.p.' the data are included in Unallocated

TABLE F5: SERVICES BY SELECTED COUNTRIES AND COUNTRY GROUPS, 2000-01

CREDITSDEBITS
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
41
82
n.p.
51
31
-53
n.p.
-19
-34
Brunei Darussalam
5
16
n.p.
14
2
-15
n.p.
-15
0
Canada
64
463
68
348
47
-430
-77
-279
-74
Central America and Caribbean
-2
26
0
8
18
-29
0
-29
0
Chile
-21
28
n.p.
28
0
-56
-19
-35
-2
China, People's Republic of
362
862
154
610
98
-739
-319
-326
-94
Fiji
-162
102
n.p.
74
28
-340
-77
-200
-63
France
-75
341
n.p.
231
110
-437
-14
-283
-140
Germany
-396
867
208
552
107
-1,170
-746
-209
-215
Greece
-208
46
n.p.
41
5
-287
-81
-190
-16
Hong Kong (SAR of China)
-513
1,155
288
544
323
-1,724
-639
-579
-506
Indonesia
301
885
145
603
137
-584
-234
-280
-70
Ireland, Republic of
-35
216
0
170
46
-260
-19
-191
-50
Italy
-277
240
n.p.
212
28
-480
-32
-404
-44
Japan
1,680
3,607
1,254
2,047
306
-2,050
-1,199
-283
-568
Korea, Republic of
484
738
124
539
75
-334
-153
-59
-122
Malaysia
-5
857
121
591
145
-929
-552
-314
-63
Mexico
-24
14
0
13
1
-30
0
-28
-2
Netherlands
-67
327
54
221
52
-507
-162
-92
-253
New Zealand
555
2,218
448
1,238
532
-1,738
-565
-884
-289
Papua New Guinea
-8
263
n.p.
123
140
-191
-23
-143
-25
Peru
39
1
0
0
1
0
0
0
0
Philippines
0
150
n.p.
90
60
-131
0
-78
-53
Russian Federation
-117
57
n.p.
54
3
-79
n.p.
-76
-3
Singapore
-65
2,102
882
809
411
-2,200
-1,691
-266
-243
South Africa
-154
164
n.p.
140
24
-259
-52
-195
-12
Sweden
28
206
n.p.
141
65
-169
0
-113
-56
Switzerland
11
381
147
189
45
-195
n.p.
-42
-153
Taiwan
222
439
42
373
24
-151
-26
-112
-13
Thailand
-38
363
n.p.
318
45
-426
-268
-133
-25
United Kingdom
688
3,580
768
1,843
969
-2,649
-722
-612
-1,315
United States of America
-1,724
5,957
855
1,459
3,643
-6,526
-1,378
-1,873
-3,275
Viet Nam
-11
91
n.p.
83
8
-146
n.p.
-146
0
Africa n.e.s.
-1,331
218
112
72
34
-1,572
-50
-1,501
-21
America n.e.s.
-195
218
58
124
36
-312
-47
15
-280
Asia n.e.s.
-105
1,410
397
463
550
-978
-536
-115
-327
Europe n.e.s.
-405
1,169
472
364
333
-1,419
-1,066
-240
-113
Oceania n.e.s.
-23
658
189
419
50
-469
-35
-413
-21
Unallocated
635
2,687
1,276
167
1,244
-2,235
-570
-447
-1,218
Total all countries
-845
33,204
8,062
15,366
9,776
-32,299
-11,352
-11,189
-9,758
APEC
466
20,354
4,586
9,840
5,928
-18,614
-7,143
-5,833
-5,638
ASEAN
67
4,587
1,255
2,503
829
-4,435
-2,762
-1,232
-441
EU
-760
6,619
1,370
3,776
1,473
-6,703
-1,929
-2,332
-2,442
OECD
1,380
19,925
4,225
9,641
6,059
-16,533
-5,348
-5,784
-5,401

(a) For cells annotated 'n.p.' the data are included in Unallocated

Download this entire document
in Acrobat format

If you do not have reader software...
International Trade in Goods and Services by Partner Country 2001-02.pdf(47Kb)