5368.0 - International Trade in Goods and Services, Australia, Mar 2011 
Quality Declaration
Quality Declaration ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 10/05/2011
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ANALYSIS AND COMMENTS RURAL GOODS In trend terms, exports of rural goods rose $44m (2%) to $2,523m. In seasonally adjusted terms, exports of rural goods fell $60m (2%) to $2,532m. The components contributing to the fall in the seasonally adjusted estimates were:
NON-RURAL GOODS In trend terms, exports of non-rural goods rose $116m (1%) to $16,644m. In seasonally adjusted terms, exports of non-rural goods rose $1,629m (11%) to $16,746m. The main components contributing to the rise in the seasonally adjusted estimates were:
For price and volume details, see the Selected commodities at the end of this section. NET EXPORTS OF GOODS UNDER MERCHANTING In trend terms, net exports of goods under merchanting remained steady at $26m. In seasonally adjusted terms, net exports of goods under merchanting remained steady at $26m. NON-MONETARY GOLD In trend terms, exports of non-monetary gold fell $34m (3%) to $1,195m. In seasonally adjusted terms, exports of non-monetary gold rose $503m (59%) to $1,352m. Exports of services In trend terms, services credits fell $2m to $4,275m. In seasonally adjusted terms, services credits rose $33m (1%) to $4,334m. The main component contributing to the rise in the seasonally adjusted estimates was travel, up $19m (1%). In seasonally adjusted terms, tourism related services credits rose $10m to $2,892m. IMPORTS OF GOODS AND SERVICES Between February 2011 and March 2011 the trend estimate of goods and services debits rose $189m (1%) to $22,935m. In seasonally adjusted terms, goods and services debits rose $278m (1%) to $23,251m. Intermediate and other merchandise goods rose $623m (8%) and non-monetary gold rose $84m (25%). Capital goods fell $350m (8%) and consumption goods fell $66m (1%). Services debits fell $13m. Preliminary analysis shows that, in seasonally adjusted terms, goods imports volumes increased 0.8% and the implicit price deflator increased 0.9% during the March quarter 2011. In original terms, both the Chain Laspeyres price index and the implicit price deflator increased 1.3%. The final volume and price outcomes will be published in the March quarter 2011 issue of Balance of Payments and International Investment Position, Australia (cat. no. 5302.0). Imports of goods CONSUMPTION GOODS In trend terms, imports of consumption goods fell $24m to $5,203m. In seasonally adjusted terms, imports of consumption goods fell $66m (1%) to $5,178m. The main components contributing to the fall in the seasonally adjusted estimates were:
Partly offsetting these decreases was the non-industrial transport component, up $24m (2%). CAPITAL GOODS In trend terms, imports of capital goods rose $14m to $4,063m. In seasonally adjusted terms, imports of capital goods fell $350m (8%) to $3,846m. The main components contributing to the fall in the seasonally adjusted estimates were:
Partly offsetting these decreases was the ADP equipment component, up $61m (10%). INTERMEDIATE AND OTHER MERCHANDISE GOODS In trend terms, imports of intermediate and other merchandise goods rose $204m (2%) to $8,427m. In seasonally adjusted terms, imports of intermediate and other merchandise goods rose $623m (8%) to $8,907m. The main components contributing to the rise in the seasonally adjusted estimates were:
Partly offsetting these increases was the processed industrial supplied n.e.s. component, down $84m (4%). NON-MONETARY GOLD In trend terms, imports of non-monetary gold fell $33m (9%) to $340m. In seasonally adjusted terms, imports of non-monetary gold rose $84m (25%) to $423m. Imports of services In trend terms, services debits rose $27m (1%) to $4,901m. In seasonally adjusted terms, services debits fell $13m to $4,897m. The components contributing to the fall in the seasonally adjusted estimates were:
Partly offsetting these decreases was the maintenance and repair services n.i.e. component, up $18m. Selected Commodities
On a recorded trade basis, between February and March 2011, large value increases were recorded for the following selected commodities:
See the Impact of the Australian floods on March 2011 exports on the Impact of natural disasters section for details. Document Selection These documents will be presented in a new window.
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