5368.0 - International Trade in Goods and Services, Australia, Oct 2013 
Quality Declaration
Quality Declaration ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 05/12/2013
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ANALYSIS AND COMMENTS RURAL GOODS In trend terms, exports of rural goods fell $27m (1%) to $3,124m. In seasonally adjusted terms, exports of rural goods fell $80m (3%) to $3,047m. The main component contributing to the fall in seasonally adjusted estimates was cereal grains and cereal preparations, down $118m (17%). Partly offsetting this fall was the other rural component, up $58m (4%). NON-RURAL GOODS In trend terms, exports of non-rural goods rose $214m (1%) to $18,334m. In seasonally adjusted terms, exports of non-rural goods fell $51m to $18,254m. The main components contributing to the fall in seasonally adjusted estimates were:
Partly offsetting these falls was the coal, coke and briquettes component, up $243m (7%). For price and volume details, see the Selected commodities section. NET EXPORTS OF GOODS UNDER MERCHANTING In trend terms, net exports of goods under merchanting rose $2m (6%) to $37m. In seasonally adjusted terms, net exports of goods under merchanting rose $15m (50%) to $45m. NON-MONETARY GOLD In trend terms, exports of non-monetary gold rose $25m (2%) to $1,256m. In original and seasonally adjusted terms, exports of non-monetary gold rose $146m (12%) to $1,395m. Exports of services In trend terms, services credits rose $22m to $4,560m. In seasonally adjusted terms, services credits fell $57m (1%) to $4,531m. The main component contributing to the fall in seasonally adjusted estimates was travel, down $57m (2%). In seasonally adjusted terms, tourism related services credits fell $53m (2%) to $2,885m. IMPORTS OF GOODS AND SERVICES Between September and October 2013, the trend estimate of goods and services debits rose $110m to $27,858m. In seasonally adjusted terms, goods and services debits rose $231m (1%) to $27,802m. Intermediate and other merchandise goods rose $83m (1%), consumption goods rose $78m (1%), capital goods rose $23m and non-monetary gold rose $1m. Services debits rose $48m (1%). Imports of goods CONSUMPTION GOODS In trend terms, imports of consumption goods rose $68m (1%) to $6,961m. In seasonally adjusted terms, imports of consumption goods rose $78m (1%) to $6,888m. The main component contributing to the rise in seasonally adjusted estimates was non-industrial transport equipment, up $128m (8%). Partly offsetting this rise was the household electrical items component, down $34m (8%). CAPITAL GOODS In trend terms, imports of capital goods fell $85m (2%) to $5,441m. In seasonally adjusted terms, imports of capital goods rose $23m to $5,425m. The main components contributing to the rise in seasonally adjusted estimates were:
Partly offsetting these rises were:
INTERMEDIATE AND OTHER MERCHANDISE GOODS In trend terms, imports of intermediate and other merchandise goods rose $122m (1%) to $9,609m. In seasonally adjusted terms, imports of intermediate and other merchandise goods rose $83m (1%) to $9,641m. The main component contributing to the rise in seasonally adjusted estimates was fuels and lubricants, up $314m (9%). Partly offsetting this rise were:
NON-MONETARY GOLD In trend terms, imports of non-monetary gold fell $11m (3%) to $390m. In original and seasonally adjusted terms, imports of non-monetary gold rose $1m to $361m. Imports of services In trend terms, services debits rose $15m to $5,456m. In seasonally adjusted terms, services debits rose $48m (1%) to $5,488m. The main components contributing to the rise in seasonally adjusted estimates were:
In seasonally adjusted terms, tourism related services debits rose $12m to $2,786m. Selected commodities
On an international merchandise trade basis, in original terms (noting the footnote in the above table), between September and October 2013 the largest movements recorded for the following selected commodities were: Iron ore lump rose $9m (1%), with quantities up 5% and unit values down 5%. Exports to:
Partly offsetting this rise were exports to:
Iron ore fines fell $59m (1%), with quantities up 2% and unit values down 3%. Exports to:
Partly offsetting these falls was exports to China, up $254m (7%), with quantities up 9% and unit values down 2%. Hard coking coal rose $80m (6%), with quantities up 7% and unit values down 1%. Exports to:
Semi-soft coal rose $45m (7%), with quantities up 8% and unit values down 1%. Exports to:
Thermal coal rose $120m (9%), with quantities up 12% and unit values down 3%. Exports to:
COUNTRY BREAKDOWN The following charts show Australia's major trading partners for the financial year 2012-13. The charts include both trade in goods (on an international merchandise 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 an international merchandise 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. From June 2013, exports data with the confidentiality restrictions 'no commodity details' or 'no value details' are now being excluded from the individual country and included in 'no country details'. These changes are presented in the detailed breakdown in the time series spreadsheet table 14a. In 2012-13, these restrictions represented 0.24% of the total exports value. This figure will vary across individual countries. In table 14 of this publication, the 'no country details' data is included in 'other countries'. 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 2012-13, these restrictions represented 1.89% of the total imports value, however this figure does vary across individual countries. In table 14 of this publication, the 'no country details' data is included in 'other countries'. For further details about these restrictions see Explanatory Notes paragraphs 26-28. Document Selection These documents will be presented in a new window.
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