5368.0 - International Trade in Goods and Services, Australia, Nov 2016 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 06/01/2017   
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NOVEMBER KEY FIGURES

Sep 2016
Oct 2016
Nov 2016
Oct 16 to Nov 16
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
-1 011
-519
-16
97
Seasonally adjusted
-662
-1 119
1 243
(a). .
CREDITS (Exports of goods & services)
Trend estimates
27 666
28 198
28 706
2
Seasonally adjusted
27 672
27 761
30 083
8
DEBITS (Imports of goods & services)
Trend estimates
28 677
28 717
28 723
-
Seasonally adjusted
28 334
28 880
28 840
-

. . not applicable
- nil or rounded to zero (including null cells)
(a) See paragraph 15 of the Explanatory Notes.

Balance on Goods and Services

Graph: This graph shows the Balance on Goods and Services for the Trend and Seasonally adjusted series



NOVEMBER KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a deficit of $16m in November 2016, a decrease of $503m (97%) on the deficit in October 2016.
  • In seasonally adjusted terms, the balance on goods and services was a surplus of $1,243m in November 2016, a turnaround of $2,362m on the deficit in October 2016.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits rose $2,322m (8%) to $30,083m. Non-rural goods rose $2,010m (12%) and rural goods rose $588m (17%). Non-monetary gold fell $305m (18%). Net exports of goods under merchanting remained steady at $5m. Services credits rose $29m.


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits fell $40m to $28,840m. Capital goods fell $137m (2%) and consumption goods fell $33m. Intermediate and other merchandise goods rose $99m (1%) and non-monetary gold rose $17m (4%). Services debits rose $15m.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
December 2016 2 February 2017
January 2017 2 March 2017
February 2017 4 April 2017
March 2017 4 May 2017
April 2017 8 June 2017
May 2017 6 July 2017



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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.