5368.0.55.004 - International Trade: Supplementary Information, Calendar Year, 2015  
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 23/05/2016   
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NOTES

The data cubes in International Trade: Supplementary Information, Calendar Year (cat. no. 5368.0.55.004) reflect the expansion of the International Trade in Services, by Country, by State and by Detailed Services Category, Calendar Year (cat. no. 5368.0.55.004). This issue now incorporates total exports and imports on an international merchandise trade basis for selected countries as announced in the Feature Article: Outcomes of the Review of International Accounts Statistical Outputs, published in the June quarter 2015 issue of Balance of Payments and International Investment Position, Australia (cat. no. 5302.0) released on 1 September 2015.


REVISIONS TO TRANSPORT DEBITS BY COUNTRY (TABLE 6)

The methodology for calculating transport sea freight debits by country has changed. Formerly country allocation of sea freight debits were calculated based on sea freight direct commissions data as collected from the ABS Survey of International Trade in Services. Country allocation is now determined using country of beneficial owner data as sourced from Bloomberg and the World Shipping Register. This is a more accurate reflection of international trade in sea freight, and has caused revisions from 2007 (source data prior to 2007 was unavailable or not fit for purpose). Because of this change in methodology, a trend break occurs for several countries from 2006 to 2007.