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ANALYSIS AND COMMENTS RURAL GOODS In trend terms, exports of rural goods rose $60m (2%) to $3,463m. In seasonally adjusted terms, exports of rural goods fell $70m (2%) to $3,514m. The main component contributing to the fall in seasonally adjusted estimates was cereal grains and cereal preparations, down $73m (10%). NON-RURAL GOODS In trend terms, exports of non-rural goods rose $92m (1%) to $17,582m. In seasonally adjusted terms, exports of non-rural goods rose $398m (2%) to $17,682m. The main components contributing to the rise in seasonally adjusted estimates were:
Partly offsetting these rises was metals (excl. non-monetary gold), down $196m (17%). For price and volume details, see the Selected commodities section. NET EXPORTS OF GOODS UNDER MERCHANTING In trend terms, net exports of goods under merchanting fell $1m (2%) to $40m. In seasonally adjusted terms, net exports of goods under merchanting fell $10m (23%) to $33m. NON-MONETARY GOLD In trend terms, exports of non-monetary gold fell $6m to $1,201m. In original and seasonally adjusted terms, exports of non-monetary gold rose $29m (2%) to $1,288m. Exports of services In trend terms, service credits fell $9m to $4,999m. In seasonally adjusted terms, services credits fell $4m to $5,012m. The main components contributing to the fall in seasonally adjusted estimates were:
Partly offsetting these falls was other services, up $13m (1%). In seasonally adjusted terms, tourism related service credits fell $18m (1%) to $3,162m. IMPORTS OF GOODS AND SERVICES Between December 2014 and January 2015, the trend estimate of goods and services debits rose $67m to $28,132m. In seasonally adjusted terms, goods and services debits rose $820m (3%) to $28,509m. Intermediate and other merchandise goods rose $346m (4%), capital goods rose $308m (6%) and consumption goods rose $192m (3%). Non-monetary gold fell $28m (10%). Services debits rose $2m. Imports of goods CONSUMPTION GOODS In trend terms, imports of consumption goods rose $53m (1%) to $7,123m. In seasonally adjusted terms, imports of consumption goods rose $192m (3%) to $7,231m. The main components contributing to the rise in seasonally adjusted estimates were:
CAPITAL GOODS In trend terms, imports of capital goods rose $62m (1%) to $5,629m. In seasonally adjusted terms, imports of capital goods rose $308m (6%) to $5,750m. The main component contributing to the rise in seasonally adjusted estimates was civil aircraft and confidentialised items, up $326m (59%). INTERMEDIATE AND OTHER MERCHANDISE GOODS In trend terms, imports of intermediate and other merchandise goods fell $51m (1%) to $9,272m. In seasonally adjusted terms, imports of intermediate and other merchandise goods rose $346m (4%) to $9,420m. The main components contributing to the rise in seasonally adjusted estimates were:
NON-MONETARY GOLD In trend terms, imports of non-monetary gold fell $3m (1%) to $282m. In original and seasonally adjusted terms, imports of non-monetary gold fell $28m (10%) to $266m. Imports of services In trend terms, imports of services debits rose $6m to $5,826m. In seasonally adjusted terms, imports of services debits rose $2m to $5,841m. The main component contributing to the rise in seasonally adjusted estimates was travel, up $23m (1%). Partly offsetting this rise were:
In seasonally adjusted terms, imports of tourism related services debits rose $12m to $2,951m. Selected commodities
Unit values in this publication are presented in Australian dollar terms. Movements in the unit values for some commodities incorporate movements in the United States dollar prices reported to Customs and Border Protection and movements in the Australian dollar to United States dollar exchange rate. On an international merchandise trade basis, in original terms (noting the footnote in the above table), between December 2014 and January 2015 the largest movements recorded for the following selected commodities were: Iron ore lump fell $161m (13%), with quantities down 12% and unit values down 1%. Exports to:
Iron ore fines fell $268m (7%), with quantities down 9% and unit values up 1%. Exports to:
Hard coking coal rose $40m (3%), with unit values up 3%. Exports to India rose $41m (11%), with quantities up 7% and unit values up 4%. Semi-soft coal fell $123m (17%), with quantities down 19% and unit values up 2%. Exports to:
Thermal coal fell $219m (14%), with quantities down 12% and unit values down 2%. Exports to:
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