| Apr 25 ($m) | May 25 ($m) | Jun 25 ($m) | May 25 to Jun 25 ($m) | May 25 to Jun 25 (%) | ||
|---|---|---|---|---|---|---|
| Balance on goods | 4,210 | 1,604 | 5,365 | 3,761 | na | |
| Credits (Exports of goods) | 43,112 | 41,800 | 44,318 | 2,518 | 6.0 | |
| Debits (Imports of goods) | -38,902 | -40,196 | -38,952 | -1,244 | -3.1 | |
na not applicable
- Large month-to-month changes occurred during the COVID-19 pandemic, resulting in multiple trend breaks. The ABS recommends caution when using trend estimates published in spreadsheets for this period.
Review of seasonal adjustment
The annual seasonal review (ASR) for monthly Trade in Goods series has been undertaken to quality assure seasonal adjustment treatments for seasonally adjusted estimates. The review assessed seasonal factors and appropriateness of any prior corrections in more detail than is possible in the monthly cycle, resulting in larger revisions than usual. Further, from the review it has been determined that care should be exercised when using the seasonally adjusted series for Fuels and lubricants because of the difficulties associated with reliably estimating the seasonal pattern.