Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Catalogue Number
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
5368.0 - International Trade in Goods and Services, Australia, Nov 2014 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 06/01/2015   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

NOVEMBER KEY FIGURES

Sep 2014
Oct 2014
Nov 2014
Oct 14 to Nov 14
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
-1 239
-1 102
-980
11
Seasonally adjusted
-1 825
-877
-925
-5
CREDITS (Exports of goods and services)
Trend estimates
26 645
26 787
26 958
1
Seasonally adjusted
26 630
26 925
27 085
1
DEBITS (Imports of goods and services)
Trend estimates
27 884
27 889
27 938
-
Seasonally adjusted
28 455
27 802
28 010
1

- 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



NOVEMBER KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a deficit of $980m in November 2014, a decrease of $122m (11%) on the deficit in October 2014.
  • In seasonally adjusted terms, the balance on goods and services was a deficit of $925m in November 2014, an increase of $48m (5%) on the deficit in October 2014.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits rose $160m (1%) to $27,085m. Non-rural goods rose $486m (3%) and rural goods rose $179m (6%). Non-monetary gold fell $519m (38%). Net exports of goods under merchanting remained steady at $43m. Service credits rose $14m.


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits rose $208m (1%) to $28,010m. Intermediate and other merchandise goods rose $224m (2%) and consumption goods rose $131m (2%). Non-monetary gold fell $90m (27%) and capital goods fell $78m (1%). Service debits rose $20m.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
December 2014 3 February 2015
January 2015 5 March 2015
February 2015 2 April 2015
March 2015 5 May 2015
April 2015 4 June 2015
May 2015 2 July 2015



REVISIONS

Revisions have been made to incorporate the latest data relating to international trade in goods and services since the last issue of this publication:
  • on an international merchandise trade basis, exports and imports have been revised back to May 2014
  • on a balance of payments basis, revisions have been applied to:
      • goods credits back to April 2014
      • goods debits back to July 2013
      • services credits and debits back to July 2013.


CHANGES IN FORTHCOMING ISSUES

Changes in forthcoming issues:
  • changes to the AHECC
  • changes to Customs Tariff import classification.

See the Changes in forthcoming issues section for details.


VALUE ADJUSTMENTS

Adjustments have been made to the value of the 'metal ores and minerals' and 'coal, coke and briquettes' in the balance of payments series.

See the Value adjustments section for details.


RELATED RELEASES

The Australian Harmonized Export Commodity Classification (AHECC) - Electronic Publication, Jan 2012 (cat. no. 1233.0) was updated on the ABS website on 20 November 2014 to include new codes that came into effect on 1 January 2015.

See the Changes in forthcoming issues section for details.


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 5926 for Services.


Bookmark and Share. Opens in a new window

Commonwealth of Australia 2015

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.