5368.0 - International Trade in Goods and Services, Australia, Jun 2011 Quality Declaration
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 03/08/2011
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JUNE KEY POINTS
BALANCE ON GOODS AND SERVICES
CREDITS (EXPORTS OF GOODS & SERVICES)
DEBITS (IMPORTS OF GOODS & SERVICES)
Revisions have been made to incorporate the latest data relating to international merchandise trade and international trade in services. The international trade in goods and services on a balance of payments basis series have been revised from July 2010 onwards.
Table 17 summarises revisions to goods and services on a balance of payments basis, in original current price terms, since the last issue of this publication. In original terms, the revisions have increased the surplus on goods and services for the 11 months to May 2011 by $440m.
Seasonally adjusted and trend series have been revised due to the incorporation of the revisions and estimates for the latest month.
IRON ORE AND COAL VALUES
Adjustments have been made to the value of the 'metal ores and minerals' and 'coal, coke and briquettes' components in the balance of payments series. See Commodity value adjustment for details.
CHANGES IN FORTHCOMING ISSUES
The forthcoming July 2011 issue of International Trade in Goods and Services (cat. no 5368.0) has been re-scheduled from the previously notified date of Thursday, 8 September 2011 to Monday, 12 September 2011.
Tables 12 and 13 of this publication present the major commodities for international merchandise trade exports and imports, respectively. The major commodities will be reviewed and updated as appropriate in the July issue of this publication.
The publication Australian Harmonized Export Commodity Classification (AHECC) - Electronic Publication, Jan 2012 (cat. no. 1233.0) will be released on the ABS website on 22 August 2011. See Related releases for details.
IMPACT OF NATURAL DISASTERS
The collection and processing of data included in this publication were not disrupted by the Japanese earthquake and tsunami. See Impact of natural disasters for details.
For further information contact Selvi Sekhar on Canberra (02) 6252 5540 for Goods, and Lee Taylor on Canberra (02) 6252 6377 for Services.
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