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5368.0 - International Trade in Goods and Services, Australia, Jul 2013 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 05/09/2013   
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JULY KEY FIGURES

May 2013
Jun 2013
Jul 2013
Jun 13 to Jul 13
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
36
–48
–129
–169
Seasonally adjusted
184
243
–765
. .
CREDITS (Exports of goods and services)
Trend estimates
26 003
26 169
26 303
1
Seasonally adjusted
26 390
26 148
26 202
DEBITS (Imports of goods and services)
Trend estimates
25 967
26 216
26 432
1
Seasonally adjusted
26 206
25 905
26 967
4

. . not applicable
– nil or rounded to zero (including null cells)

Balance on Goods and Services
Graph: This graph shows the Balance on Goods and Services for the Trend and Seasonally adjusted series



JULY KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a deficit of $129m in July 2013, an increase of $81m (169%) on the deficit in June 2013.
  • In seasonally adjusted terms, the balance on goods and services was a deficit of $765m in July 2013, a turnaround of $1,008m on the surplus in June 2013.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits rose $54m to $26,202m. Non–rural goods rose $113m (1%), rural goods rose $86m (3%) and net exports of goods under merchanting rose $1m (8%). Non–monetary gold fell $219m (19%). Services credits rose $72m (2%).


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits rose $1,062m (4%) to $26,967m. Intermediate and other merchandise goods rose $773m (9%), consumption goods rose $118m (2%), non–monetary gold rose $41m (11%) and capital goods rose $12m. Services debits rose $119m (2%).


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
August 2013 2 October 2013
September 2013 6 November 2013
October 2013 5 December 2013
November 2013 7 January 2014
December 2013 6 February 2014
January 2014 6 March 2014



REVISIONS

Since the previous issue of this publication revisions have been made to align with the data published in the June quarter 2013 issues of Balance of Payments and International Investment Position, Australia (cat. no. 5302.0) and Australian National Accounts: National Income, Expenditure and Product (cat. no. 5206.0). On an international merchandise trade basis, exports and imports have been revised back to January 2013. On a balance of payments basis goods and services have been revised back to April 2013.

See the Revisions section for details.


CHANGES IN THIS AND FORTHCOMING ISSUES

Changes in this issue:
Changes in forthcoming issues:
  • Introduction of a new goods debits adjustment.

See the Changes in this and forthcoming issues section for details.


VALUE ADJUSTMENTS

Adjustments have been made to the value of the 'metal ores and minerals' and 'capital goods n.e.s.' components in the balance of payments series.

See the Value adjustments section for details.


RELATED RELEASES

See the Related releases section for details.


INQUIRIES

For further information contact Val Tot on Canberra (02) 62525540 for Goods, and Lauren Binns on Hobart (03) 6222 5926 for Services.


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