5368.0 - International Trade in Goods and Services, Australia, Sep 2019 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 07/11/2019   
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September key points


Balance on goods and services

  • In trend terms, the balance on goods and services was a surplus of $7,530m in September 2019, an increase of $169m on the surplus in August 2019.
  • In seasonally adjusted terms, the balance on goods and services was a surplus of $7,180m in September 2019, an increase of $563m on the surplus in August 2019.


Credits (exports of goods and services)
  • In seasonally adjusted terms, goods and services credits rose $1,452m (3%) to $43,215m. Non-rural goods rose $586m (2%), non-monetary gold rose $558m (26%) and rural goods rose $240m (6%). Net exports of goods under merchanting remained steady at $15m. Services credits rose $69m (1%).


Debits (imports of goods and services)
  • In seasonally adjusted terms, goods and services debits rose $889m (3%) to $36,034m. Capital goods rose $702m (12%), intermediate and other merchandise goods rose $474m (4%) and consumption goods rose $64m (1%). Non-monetary gold fell $373m (34%). Services debits rose $22m.


Key figures
Jul 2019
Aug 2019
Sep 2019
Aug 19 to Sep 19
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
7 097
7 361
7 530
2
Seasonally adjusted
7 316
6 617
7 180
9
CREDITS (Exports of goods & services)
Trend estimates
42 260
42 557
42 777
1
Seasonally adjusted
42 633
41 763
43 215
3
DEBITS (Imports of goods & services)
Trend estimates
35 163
35 196
35 247
-
Seasonally adjusted
35 317
35 145
36 034
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