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5368.0 - International Trade in Goods and Services, Australia, Apr 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 31/05/2007   
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APRIL KEY FIGURES

February 2007
March 2007
April 2007
Mar 07 to Apr 07
$m
$m
$m
% change

TREND

Balance on goods and services
-1 112
-1 110
-1 104
. .
Credits (exports of goods & services)
18 109
18 144
18 141
-
Debits (imports of goods & services)
19 220
19 254
19 246
-

SEASONALLY ADJUSTED

Balance on goods and services
-757
-1 628
-962
. .
Credits (exports of goods & services)
18 632
17 816
18 079
1
Debits (imports of goods & services)
19 389
19 444
19 041
-2

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

Balance on goods and services
Graph: Balance on goods and services

APRIL KEY POINTS


TREND ESTIMATES
  • The provisional trend estimate of the balance on goods and services was a deficit of $1,104m in April 2007, a decrease of $6m on the revised deficit in March.
  • Goods and services credits fell $3m to $18,141m. Goods and services debits fell $8m to $19,246m.


SEASONALLY ADJUSTED ESTIMATES
  • In seasonally adjusted terms, the balance on goods and services was a deficit of $962m in April, a decrease of $666m on the revised deficit in March.
  • Goods and services credits rose $263m (1%) to $18,079m. Non-rural and other goods rose $301m (3%) while rural goods fell $58 (3%). Services credits rose $20m (1%).
  • Goods and services debits fell $403m (2%) to $19,041m. Capital goods fell $247m (7%), intermediate and other goods fell $145m (2%) and consumption goods fell $25m (1%). Services debits rose $15m.


ORIGINAL ESTIMATES
  • In original terms, the April 2007 balance on goods and services was a deficit of $389m, a decrease of $602m on the deficit in March. Goods and services credits fell $98m (1%) and goods and services debits fell $700m (4%).
  • In the ten months to April, exports of non-rural and other goods were up $14.4b (14%) and rural goods were up $0.3b (1%) on the corresponding period in 2005-06.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
May 2007 4 July 2007
June 2007 1 August 2007
July 2007 31 August 2007
August 2007 3 October 2007
September 2007 1 November 2007
October 2007 3 December 2007



REVISIONS

Revisions were made to the merchandise trade series to incorporate the latest available data. There were no revisions to the balance of payments series in original terms. However, the seasonally adjusted and trend estimates have been revised due to the use of concurrent seasonal adjustment. (See Paragraph 8 in Explanatory Notes.)



INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Tom Jebbink on Canberra (02) 62525540.


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