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5368.0 - International Trade in Goods and Services, Australia, Nov 2009  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 07/01/2010   
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NOVEMBER KEY FIGURES

Sep 2009
Oct 2009
Nov 2009
Oct 09 to Nov 09
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
-1 406
-1 562
-1 691
. .
Seasonally adjusted
-1 485
-2 080
-1 700
. .
CREDITS (Exports of goods & services)
Trend estimates
19 439
19 347
19 275
-
Seasonally adjusted
20 056
19 323
19 032
-2
DEBITS (Imports of goods & services)
Trend estimates
20 845
20 909
20 966
-
Seasonally adjusted
21 540
21 403
20 733
-3

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

Balance on Goods and Services
Graph: Balance on Goods and Services



NOVEMBER KEY POINTS


BALANCE ON GOODS AND SERVICES
  • The trend estimate of the balance on goods and services was a deficit of $1,691m in November 2009, an increase of $129m on a revised deficit in October 2009.
  • In seasonally adjusted terms, the balance on goods and services was a deficit of $1,700m in November 2009, a decrease of $380m on a revised deficit in October 2009.


CREDITS (EXPORTS OF GOODS & SERVICES)
  • Seasonally adjusted, goods and services credits fell $291m (2%) to $19,032m. Non-rural goods fell $314m (3%) with the other non-rural (incl. sugar and beverages) component down $160m (15%), the coal, coke and briquettes component down $132m (5%) and the metals (excl. non-monetary gold) component down $120m (14%). Non-monetary gold fell $29m (3%) and rural goods rose $86m (5%). Services credits fell $33m (1%).


DEBITS (IMPORTS OF GOODS & SERVICES)
  • Seasonally adjusted, goods and services debits fell $670m (3%) to $20,733m. Capital goods fell $307m (8%), non-monetary gold fell $231m (34%) and intermediate and other merchandise goods fell $127m (2%). Consumption goods rose $12m. Services debits fell $19m.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
December 2009 3 February 2010
January 2010 4 March 2010
February 2010 1 April 2010
March 2010 6 May 2010
April 2010 3 June 2010
May 2010 6 July 2010



REVISIONS

Table 17 summarises revisions, in original current price terms, since the last issue of this publication, for the last three financial years and last six months.

Revisions have been made to incorporate the latest available data relating to merchandise trade and international trade in services. In original terms, these revisions have:
  • decreased the deficit on goods and services for October 2009 by $196m
  • increased the surplus on goods and services for 2008-09 by $399m.

Seasonally adjusted and trend series are revised due to the incorporation of revised estimates, incorporation of estimates for the latest month and the rederivation of seasonal factors under the concurrent seasonal adjustment methodology.


INQUIRIES

For further information about this publication, contact Selvi Sekhar on Canberra (02) 62525540


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