5368.0 - International Trade in Goods and Services, Australia, Mar 2018 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 03/05/2018   
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MARCH KEY FIGURES

Jan 2018
Feb 2018
Mar 2018
Feb 18 to Mar 18
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
476
795
1 112
40
Seasonally adjusted
1 159
1 349
1 527
13
CREDITS (Exports of goods & services)
Trend estimates
33 516
34 095
34 589
1
Seasonally adjusted
34 114
34 352
34 840
1
DEBITS (Imports of goods & services)
Trend estimates
33 040
33 300
33 476
1
Seasonally adjusted
32 955
33 004
33 314
1

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



MARCH KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a surplus of $1,112m in March 2018, an increase of $317m on the surplus in February 2018.
  • In seasonally adjusted terms, the balance on goods and services was a surplus of $1,527m in March 2018, an increase of $178m on the surplus in February 2018.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits rose $488m (1%) to $34,840m. Non-rural goods rose $191m (1%), non-monetary gold rose $131m (8%) and rural goods rose $126m (3%). Net exports of goods under merchanting fell $1m (14%). Services credits rose $41m (1%).


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits rose $310m (1%) to $33,314m. Intermediate and other merchandise goods rose $381m (4%) and non-monetary gold rose $232m (48%). Consumption goods fell $198m (2%) and capital goods fell $61m (1%). Services debits fell $44m (1%).


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
April 2018 7 June 2018
May 2018 4 July 2018
June 2018 2 August 2018
July 2018 6 September 2018
August 2018 4 October 2018
September 2018 1 November 2018


PRIVACY

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INQUIRIES

For further information contact Balance of Payments at <balance.of.payments@abs.gov.au> for goods, and International Trade in Services at <trade.services@abs.gov.au> for services.