International trade

• The seasonally adjusted balance on goods and services surplus increased $1,524m to $9,681m in May. 
• Goods and services credits (exports) rose $2,443m (6%) to $42,233m.
• Goods and services debits (imports) rose $919m (3%) to $32,552m.

This publication details all import and export commodities, which have been subjected to confidentiality restrictions since 1 January 1988

•    Exports of goods in June 2021 increased $2,889m (8%) to $41,287m
•    Imports of goods in June 2021 increased $2,122m (8%) to $28,015m
•    For June 2021 there is a goods trade surplus of $13,271m (original, current price, merchandise trade basis)

• Exports of services declined $30b (-29%) to $72b in 2020
• Imports of services declined $47b (-45%) to $57b in 2020

• The current account surplus, seasonally adjusted, rose $2,273m to $18,283m.
• The capital and financial account deficit rose $4,696m to $15,363m.
• Australia’s net IIP liability position was $874.6b at 31 March 2021.

• Australia’s net IIP liability position was $947.2b at 31 December 2020, an increase from last year's figure of $934.4b.
• Foreign investment in Australia rose $97.1b to $3,990.9b.
• Australian investment abroad rose $84.3b to $3,043.7b.

This publication is supplementary to the monthly publication, International Trade in Goods and Services and contains detailed financial year data.

• The number of exporters continues to increase, up 7% to 56,772.
• Small exporters (up 11%) drove the overall increase in the exporter population.
• Small businesses make up 61% of all exporters.
• The mining industry make up 1% of exporters but 61% of the export value.

• Australian enterprises own 5,176 foreign affiliates.
• Australian owned foreign affiliates total number of employees were 412,000.
• Australian owned foreign affiliates total sales of goods and services were $213,044m.
• Total assets of all Australian owned foreign affiliates were $1,956,303m.