5368.0 - International Trade in Goods and Services, Australia, Jul 2018 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 06/09/2018   
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JULY KEY FIGURES

May 2018
Jun 2018
Jul 2018
Jun 18 to Jul 18
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
1 242
1 408
1 425
1
Seasonally adjusted
772
1 937
1 551
-20
CREDITS (Exports of goods & services)
Trend estimates
35 487
35 831
36 074
1
Seasonally adjusted
35 529
36 432
36 070
-1
DEBITS (Imports of goods & services)
Trend estimates
34 245
34 424
34 649
1
Seasonally adjusted
34 757
34 495
34 519
-

- 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



JULY KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a surplus of $1,425m in July 2018, an increase of $17m on the surplus in June 2018.
  • In seasonally adjusted terms, the balance on goods and services was a surplus of $1,551m in July 2018, a decrease of $386m on the surplus in June 2018.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits fell $362m (1%) to $36,070m. Non-monetary gold fell $189m (10%), non-rural goods fell $138m (1%) and rural goods fell $76m (2%). Net exports of goods under merchanting rose $7m. Services credits rose $34m.


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits rose $24m to $34,519m. Intermediate and other merchandise goods rose $605m (6%) and non-monetary gold rose $69m (11%). Capital goods fell $429m (6%) and consumption goods fell $329m (4%). Services debits rose $109m (1%).


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
August 2018 4 October 2018
September 2018 1 November 2018
October 2018 6 December 2018
November 2018 8 January 2019
December 2018 5 February 2019
January 2019 7 March 2019


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.