5368.0 - International Trade in Goods and Services, Australia, Feb 2017 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 04/04/2017   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

FEBRUARY KEY FIGURES

Dec 2016
Jan 2017
Feb 2017
Jan 17 to Feb 17
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
2 098
2 775
3 320
20
Seasonally adjusted
3 701
1 503
3 574
138
CREDITS (Exports of goods & services)
Trend estimates
31 490
32 317
32 957
2
Seasonally adjusted
33 061
31 936
32 405
1
DEBITS (Imports of goods & services)
Trend estimates
29 392
29 542
29 637
-
Seasonally adjusted
29 360
30 433
28 832
-5

- 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



FEBRUARY KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a surplus of $3,320m in February 2017, an increase of $545m (20%) on the surplus in January 2017.
  • In seasonally adjusted terms, the balance on goods and services was a surplus of $3,574m in February 2017, an increase of $2,071m on the surplus in January 2017.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits rose $469m (1%) to $32,405m. Non-monetary gold rose $352m (33%) and non-rural goods rose $236m (1%). Rural goods fell $195m (5%). Net exports of goods under merchanting remained steady at $41m. Services credits rose $76m (1%).


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits fell $1,601m (5%) to $28,832m. Consumption goods fell $859m (10%) and intermediate and other merchandise goods fell $792m (9%). Capital goods rose $77m (1%) and non-monetary gold rose $2m. Services debits fell $28m.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
March 2017 4 May 2017
April 2017 8 June 2017
May 2017 6 July 2017
June 2017 3 August 2017
July 2017 7 September 2017
August 2017 5 October 2017



PRIVACY

The ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to the ABS.


INQUIRIES

For further information contact Balance of Payments on Canberra (02) 62525540 for Goods, and International Trade in Services on Hobart (03) 6222 5706 for Services.