5368.0 - International Trade in Goods and Services, Australia, Mar 2019 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 07/05/2019   
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MARCH KEY FIGURES

Jan 2019
Feb 2019
Mar 2019
Feb 19 to Mar 19
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
4 471
5 198
5 874
13
Seasonally adjusted
4 653
5 140
4 949
-4
CREDITS (Exports of goods & services)
Trend estimates
39 419
39 988
40 504
1
Seasonally adjusted
39 813
40 043
39 340
-2
DEBITS (Imports of goods & services)
Trend estimates
34 948
34 790
34 630
-
Seasonally adjusted
35 159
34 903
34 391
-1

- 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


MARCH KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a surplus of $5,874m in March 2019, an increase of $676m on the surplus in February 2019.
  • In seasonally adjusted terms, the balance on goods and services was a surplus of $4,949m in March 2019, a decrease of $191m on the surplus in February 2019.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits fell $703m (2%) to $39,340m. Non-monetary gold fell $626m (31%) and non-rural goods fell $189m (1%). Rural goods rose $129m (3%) and net exports of goods under merchanting rose $1m (10%). Services credits fell $18m.


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits fell $512m (1%) to $34,391m. Capital goods fell $344m (5%) and consumption goods fell $294m (3%). Intermediate and other merchandise goods rose $197m (2%) and non-monetary gold rose $20m (5%). Services debits fell $90m (1%).


NOTES

FORTHCOMING ISSUES


ISSUE Release Date
April 2019 6 June 2019
May 2019 3 July 2019
June 2019 6 August 2019
July 2019 5 September 2019
August 2019 3 October 2019
September 2019 7 November 2019


PRIVACY

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INQUIRIES

For further information contact Balance of Payments at <balance.of.payments@abs.gov.au> for goods, and International Trade in Services at <trade.services@abs.gov.au> for services.