1307.8 - Australian Capital Territory in Focus, 2007  
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 29/11/2007  Ceased
   Page tools: RSS Feed RSS Bookmark and Share Search this Product  
Contents >> Economy >> International Trade in Services

INTERNATIONAL TRADE IN SERVICES

In original terms, between 2004-05 and 2005-06 exports of services from the ACT (i.e. international trade in services credits) increased by $49m (6%) to $903m and imports of services to the ACT (i.e. international trade in services debits) increased by $72m (7%) to $1,154m. At the national level, exports of services increased by 6% (to $42b) and imports of services increased by 5% (to $41b).


Government services not included elsewhere (n.i.e.) accounted for the largest proportion of international trade in services for the ACT, for both credits and debits. For credits, Government services n.i.e. accounted for $500m in 2005-06, or 55% of the total. For debits, the expenditure on this component was even more pronounced: $801m or 69% of the total.


At the national level, in contrast, Travel accounted for the largest proportion of expenditure on international trade in services. In 2005-06 travel credits totalled $23b or 54% of the total. Travel debits totalled $15b or 37% of total debits. The most notable difference was in terms of education-related travel, where credits totalled nearly $10b and debits totalled $740m.


The importance of education-related travel to the ACT is highlighted in Table 4.11 below. In 2005-06 the ACT exported $183m worth of education-related travel services, an increase of $11m over 2004-05. Furthermore, exports of education-related travel accounted for 58% of total travel credits. In comparison, at the national level, education related travel accounted for 43% of total travel credits in 2005-06. Although still significant this is 15 percentage points less than for the ACT.

4.11 International trade in services, ACT and Australia: Credits

2004-05
2005-06
ACT
Aust.
ACT
Aust.
$m
$m
$m
$m

Transportation
1
8 002
-
8 293
Travel
Business
48
1 725
32
2 085
Personal
Education-related
172
8 767
183
9 813
Other
88
10 948
101
10 794
Total personal
260
19 715
284
20 607
Communication(a)
15
831
np
829
Construction services
-
106
-
135
Insurance services
-
684
-
704
Financial services
-
998
-
1 002
Computer & information services
-
1 251
np
1 168
Royalties & licence fees
np
706
17
765
Other business services
37
4 263
46
4 828
Personal, cultural & recreational services
np
547
4
659
Government services n.i.e.
473
867
500
874
Total(b)
854
39 695
903
41 949

- nil or rounded to zero (including null cells)
np not available for publication but included in totals where applicable, unless otherwise indicated
(a) Communication services includes other services n.i.e.
(b) Total includes confidential items.
International Trade In Goods and Services by Country, by State and by Detailed Services Category, Financial Year, 2005-06 (cat. no. 5368.0.55.003), Data cubes.

4.12 International trade in services, ACT and Australia: Debits

2004-05
2005-06
ACT
Aust.
ACT
Aust.
$m
$m
$m
$m

Transportation
-1
-13 796
-
-14 509
Travel
Business
-63
-2 472
-68
-2 521
Personal
Education-related
-22
-702
-31
-741
Other
-206
-11 333
-219
-11 892
Total personal
-228
-12 035
-250
-12 633
Communication(a)
np
-842
-14
-829
Construction services
-
-
-
-
Insurance services
-
-872
-
-900
Financial services
-
-527
-
-581
Computer & information services
-1
-1 095
-5
-1 067
Royalties & licence fees
-2
-2 482
-2
-2 733
Other business services
np
-3 314
-14
-3 467
Personal, cultural & recreational services
-
-1 120
-
-1 080
Government services n.i.e.
-760
-760
-801
-801
Total(b)
-1 082
-39 315
-1 154
-41 121

- nil or rounded to zero (including null cells)
np not available for publication but included in totals where applicable, unless otherwise indicated
(a) Communication services includes other services n.i.e.
(b) Total includes confidential items.
International Trade In Goods and Services by Country, by State and by Detailed Services Category, Financial Year, 2005-06, (cat. no. 5368.0.55.003), Data cubes.


Previous PageNext Page