Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
5368.0 - International Trade in Goods and Services, Australia, Feb 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 03/04/2007   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

FEBRUARY KEY FIGURES

December
2006
January
2007
February
2007
Jan 07 to
Feb 07
$m
$m
$m
% change

TREND

Balance on goods and services
-1 095
-1 073
-1 028
. .
Credits (exports of goods & services)
18 024
18 153
18 266
1
Debits (imports of goods & services)
19 118
19 226
19 294
-

SEASONALLY ADJUSTED

Balance on goods and services
-1 423
-832
-838
. .
Credits (exports of goods & services)
17 839
18 158
18 546
2
Debits (imports of goods & services)
19 262
18 991
19 385
2

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

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



FEBRUARY KEY POINTS


TREND ESTIMATES
  • The provisional trend estimate of the balance on goods and services was a deficit of $1,028m in February 2007, a decrease of $45m on the revised deficit in January.
  • Goods and services credits rose $113m (1%) to $18,266m. Goods and services debits rose $68m to $19,294m.


SEASONALLY ADJUSTED ESTIMATES
  • In seasonally adjusted terms, the balance on goods and services was a deficit of $838m in February, an increase of $6m on the revised deficit in January.
  • Goods and services credits rose $388m (2%) to $18,546m. Non-rural and other goods rose $357m (3%) and rural goods rose $24m (1%). Services credits rose $7m.
  • Goods and services debits rose $394m (2%) to $19,385m. Consumption goods rose $227 (5%), capital goods rose $101m (3%) and intermediate and other goods rose $72m (1%). Services debits fell $5m.


ORIGINAL ESTIMATES
  • In original terms, the February 2007 balance on goods and services was a deficit of $208m, a decrease of $1,921m on the revised deficit in January. Goods and services credits rose $775m (5%) while goods and services debits fell $1,146m (6%).
  • In the eight months to February, exports of non-rural and other goods were up $13.1b (16%) and rural goods were up $0.7b (4%) on the corresponding period in 2005-06.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
March 2007 4 May 2007
April 2007 31 May 2007
May 2007 4 July 2007
June 2007 1 August 2007
July 2007 31 August 2007
August 2007 3 October 2007



REVISIONS

Revisions were made to both the balance of payments and merchandise trade series to incorporate the latest available administrative and survey data. Trade in services data for some previously forecast periods have been replaced with reported data. In original terms, revisions have:
  • increased the deficit on goods and services for January 2007 by $14m
  • increased the deficit on good and services for the seven months to January by $83m
  • decreased the deficit on goods and services for 2005-06 by $17m.


CHANGES TO FORTHCOMING ISSUES

As announced in the January issue, the format of the datacube containing forward seasonal adjustment factors (table 90 Monthly forward seasonal adjustment factors) is to be changed to align with the current standard of excel spreadsheets (i.e. in .xls format). The new format is be available as table 91 and both tables 90 and 91 are available in this issue. Table 90 will be withdrawn from the March 2007 issue.



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.


Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.