5368.0 - International Trade in Goods and Services, Australia, Oct 2010 
Quality Declaration
Quality Declaration ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 02/12/2010
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ANALYSIS AND COMMENTS RURAL GOODS In trend terms, exports of rural goods fell $3m to $2,403m. In seasonally adjusted terms, exports of rural goods rose $181m (8%) to $2,417m. The main component contributing to the rise in the seasonally adjusted estimates was cereal grains and cereal preparations, up $171m (30%). In original terms on a merchandise trade basis, exports of wheat and meslin increased $156m (45%) in October 2010. NON-RURAL GOODS In trend terms, exports of non-rural goods fell $211m (1%) to $16,398m. In seasonally adjusted terms, exports of non-rural goods fell $245m (2%) to $15,989m. The main components contributing to the fall in the seasonally adjusted estimates were:
For price and volume details, see the section Selected commodities for details. NET EXPORTS OF GOODS UNDER MERCHANTING In trend terms, net exports of goods under merchanting fell $3m (14%) to $19m. In seasonally adjusted terms, net exports of goods under merchanting fell $23m (79%) to $6m. NON-MONETARY GOLD In trend terms, exports of non-monetary gold rose $36m (3%) to $1,258m. In seasonally adjusted terms, exports of non-monetary gold rose $414m (36%) to $1,560m. In original terms, on merchandise trade basis, this increase was driven by exports to the United Kingdom and India. Exports of services In trend terms, services credits fell $12m to $4,397m. In seasonally adjusted terms, services credits fell $73m (2%) to $4,353m. The main component contributing to the decrease in the seasonally adjusted estimates was travel services, down $78m (3%). In seasonally adjusted terms, tourism related services credits fell $83m (3%) to $2,901m. IMPORTS OF GOODS AND SERVICES Between September 2010 and October 2010 the trend estimate of goods and services debits fell $222m (1%) to $22,029m. In seasonally adjusted terms, goods and services debits fell $558m (3%) to $21,699m. Intermediate and other merchandise goods fell $411m (5%), consumption goods fell $111m (2%) and non-monetary gold fell $48m (8%). Capital goods rose $5m. Services debits rose $8m. Imports of goods CONSUMPTION GOODS In trend terms, imports of consumption goods fell $31m (1%) to $5,438m. In seasonally adjusted terms, imports of consumption goods fell $111m (2%) to $5,361m. The main components contributing to the fall in the seasonally adjusted estimates were:
CAPITAL GOODS In trend terms, imports of capital goods fell $75m (2%) to $3,863m. In seasonally adjusted terms, imports of capital goods rose $5m to $3,819m. The main component contributing to the rise in the seasonally adjusted estimates was industrial transport equipment n.e.s., up $111m (23%). Partly offsetting this rise were the following components:
INTERMEDIATE AND OTHER MERCHANDISE GOODS In trend terms, imports of intermediate and other merchandise goods fell $93m (1%) to $7,613m. In seasonally adjusted terms, imports of intermediate and other merchandise goods fell $411m (5%) to $7,318m. The main components contributing to the fall in the seasonally adjusted estimates were:
NON-MONETARY GOLD In trend terms, imports of non-monetary gold fell $22m (5%) to $430m. In seasonally adjusted terms, imports of non-monetary gold fell $48m (8%) to $555m. Imports of services In trend terms, services debits fell $1m to $4,684m. In seasonally adjusted terms, services debits rose $8m to $4,647m. The components contributing to the rise in the seasonally adjusted estimates were:
Partly offsetting these rises was the transport component, down $58m (5%) with freight transport down $57m (8%). In seasonally adjusted terms, tourism related services debits rose $20m (1%) to $2,550m. Selected commodities
On a recorded trade basis, between September and October 2010 exports of hard coking coal fell $276m (14%), on both volume and prices, and bituminous (thermal) coal fell $91m (7%), primarily on prices. These falls were partly offset by exports of semi-soft coal which rose $109m (16%) on volumes. COUNTRY BREAKDOWN The following charts show Australia's major trading partners for the financial year 2009-10. The charts include both trade in goods (on a recorded trade basis) and trade in services (on a balance of payments basis). The first chart shows the countries with the largest two-way trade i.e. combined trade in both exports and imports of goods and services. The second chart shows separately total exports and total imports, for the ten countries in the first chart. Combining trade in goods (on a recorded trade basis) and trade in services (on a balance of payments basis) provides a good approximation of total trade. Some components will be excluded (e.g. Merchanting credits and Goods procured in ports by carriers debits) while the Manufacturing services on physical inputs owned by others component, will be double counted. These components are unlikely to impact on the broad analysis. Imports data with the confidentiality restrictions 'no commodity details' or 'no value details' are excluded from the individual country and included in 'no country details' in the detailed breakdown presented in the time series spreadsheet table 14b. In 2009-10, these restrictions represented 3% of the total imports value. In table 14 of this publication, the 'no country details' data is included in 'other countries'. Document Selection These documents will be presented in a new window.
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