5368.0 - International Trade in Goods and Services, Australia, May 2011 Quality Declaration
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 05/07/2011
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MAY 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 10 months to April 2011 by $189m.
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 the section Commodity value adjustment for details.
The publication Australian Outward Finance and Insurance Foreign Affiliate Trade, 2009-10 (cat. no. 5485.0) was released on 27 June 2011. This publication presents details of the activities of the foreign affiliates of Australian resident finance and insurance businesses. The details include number of affiliates and their employment by country and by industry, and sales and purchases of services.
IMPACT OF NATURAL DISASTERS
The collection and processing of data included in this publication were not disrupted by the Japanese earthquake and tsunami. See the section 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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