From January 2022 reference month, The Australian Bureau of Statistics (ABS) will suspend the production and release of monthly international trade in services statistics, in order to focus on enhancing the quality and range of quarterly international trade in services statistics.
The COVID-19 pandemic has had a substantial impact on the quality and availability of key source data used in the compilation of international trade in services statistics. To ensure data is representative and robust, the ABS will be enhancing the production of existing data, exploring new high-quality source data, and reviewing and enhancing existing surveys, methods, processes and systems.
In addition, the ABS will take the opportunity to review the content and timing of the monthly international merchandise trade statistics to ensure that this continues to meet contemporary user needs.
This paper provides, for information only, a summary of the planned and proposed changes to the suite of Australia’s international trade statistics. To have your say on how the ABS can enhance international trade in services statistics; and on the content and timing of the monthly merchandise trade statistics see ‘2021 Enhancing the quality of Australia's international trade statistics’ on the ABS consultation hub.