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ANALYSIS AND COMMENTS RURAL GOODS In trend terms, exports of rural goods rose $78m (3%) to $2,770m. In seasonally adjusted terms, exports of rural goods rose $172m (6%) to $2,874m. The main component contributing to the rise in seasonally adjusted estimates was other rural, up $184m (16%). NON-RURAL GOODS In trend terms, exports of non-rural goods rose $192m (1%) to $17,409m. In seasonally adjusted terms, exports of non-rural goods rose $103m (1%) to $17,561m. The main components contributing to the rise in the seasonally adjusted estimates were:
Partly offsetting these increases was the metal ores and minerals component, down $200m (3%). For price and volume details, see the section Commodity value adjustment. NET EXPORTS OF GOODS UNDER MERCHANTING In trend terms, net exports of goods under merchanting rose $3m (10%) to $32m. In seasonally adjusted terms, net exports of goods under merchanting remained steady at $35m. NON-MONETARY GOLD In trend terms, exports of non-monetary gold rose $67m (5%) to $1,337m. In seasonally adjusted terms, exports of non-monetary gold for May 2011 is the 5th highest on record at $1,621m, rising $536m (49%) between April and May 2011, after falling $260m (19%) between March and April 2011. On a recorded trade basis, between April and May 2011, non-monetary gold rose $546m (53%). Exports to United Kingdom were up $889m, driven by an increase in volumes. Partly offsetting this rise was exports to Singapore, down $319m, driven by a decrease in volumes. Exports of services In trend terms, services credits fell $16m to $4,150m. In seasonally adjusted terms, services credits rose $1m to $4,167m. The only component contributing to the rise in the seasonally adjusted estimates was other services, up $9m (1%). In seasonally adjusted terms, tourism related services credits fell $2m to $2,757m. IMPORTS OF GOODS AND SERVICES Between April 2011 and May 2011 the trend estimate of goods and services debits rose $269m (1%) to $24,009m. In seasonally adjusted terms, goods and services debits rose $97m to $23,926m. Consumption goods rose $204m (4%) and intermediate and other merchandise goods rose $159m (2%). Capital goods fell $347m (8%) and non-monetary gold fell $23m (6%). Services debits rose $104m (2%). Imports of goods CONSUMPTION GOODS In trend terms, imports of consumption goods rose $29m (1%) to $5,356m. In seasonally adjusted terms, imports of consumption goods rose $204m (4%) to $5,261m. The main component contributing to the rise in the seasonally adjusted estimates was non-industrial transport equipment, up $219m (23%) after falling $422m (31%) between March and April 2011. Partly offsetting this rise was the consumption goods n.e.s. component, down $47m (3%). CAPITAL GOODS In trend terms, imports of capital goods fell $12m to $4,258m. In seasonally adjusted terms, imports of capital goods fell $347m (8%) to $4,139m. The main component contributing to the fall in the seasonally adjusted estimates was civil aircraft and confidentialised items, down $301m (42%). INTERMEDIATE AND OTHER MERCHANDISE GOODS In trend terms, imports of intermediate and other merchandise goods rose $186m (2%) to $9,009m. In seasonally adjusted terms, imports of intermediate and other merchandise goods rose $159m (2%) to $9,017m. The main components contributing to the rise in the seasonally adjusted estimates were:
Partly offsetting these increases was the fuels and lubricants component, down $143m (4%). NON-MONETARY GOLD In trend terms, imports of non-monetary gold rose $5m (1%) to $364m. In seasonally adjusted terms, non-monetary gold fell $23m (6%) to $368m. Imports of services In trend terms, services debits rose $60m (1%) to $5,022m. In seasonally adjusted terms, services debits rose $104m (2%) to $5,140m. The main components contributing to the rise in the seasonally adjusted estimates were:
In seasonally adjusted terms, tourism related services debits rose $51m (2%) to $2,925m. Document Selection These documents will be presented in a new window.
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