5368.0 - International Trade in Goods and Services, Australia, Aug 2017 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 05/10/2017   
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AUGUST KEY FIGURES

Jun 2017
Jul 2017
Aug 2017
Jul 17 to Aug 17
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
1 268
1 017
735
-28
Seasonally adjusted
1 003
808
989
22
CREDITS (Exports of goods & services)
Trend estimates
32 552
32 396
32 226
-1
Seasonally adjusted
32 566
32 063
32 229
1
DEBITS (Imports of goods & services)
Trend estimates
31 284
31 379
31 490
-
Seasonally adjusted
31 564
31 255
31 240
-

- 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



AUGUST KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a surplus of $735m in August 2017, a decrease of $282m on the surplus in July 2017.
  • In seasonally adjusted terms, the balance on goods and services was a surplus of $989m in August 2017, an increase of $181m on the surplus in July 2017.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits rose $166m (1%) to $32,229m. Non-rural goods rose $398m (2%). Non-monetary gold fell $308m (19%) and rural goods fell $31m (1%). Net exports of goods under merchanting remained steady at $47m. Services credits rose $106m (1%).


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits fell $15m to $31,240m. Consumption goods fell $306m (4%), capital goods fell $169m (3%) and non-monetary gold fell $9m (2%). Intermediate and other merchandise goods rose $386m (4%). Services debits rose $84m (1%).


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
September 2017 2 November 2017
October 2017 7 December 2017
November 2017 5 January 2018
December 2017 6 February 2018
January 2018 8 March 2018
February 2018 5 April 2018



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INQUIRIES

For further information contact Balance of Payments on Canberra (02) 6252 5540 for Goods, and International Trade in Services on Hobart (03) 6222 5706 for Services.