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APRIL KEY FIGURES

		Feb 2018	Mar 2018	Apr 2018	Mar 18 to Apr 18
		$m	$m	$m	% change
BALANCE ON GOODS AND SERVICES
	Trend estimates	851	1 161	1 461	26
	Seasonally adjusted	1 391	1 731	977	-44
CREDITS (Exports of goods & services)
	Trend estimates	34 042	34 477	34 845	1
	Seasonally adjusted	34 374	34 951	34 188	-2
DEBITS (Imports of goods & services)
	Trend estimates	33 191	33 317	33 384	-
	Seasonally adjusted	32 982	33 220	33 211	-
- nil or rounded to zero (including null cells)

Balance on Goods and Services

• In trend terms, the balance on goods and services was a surplus of $1,461m in April 2018, an increase of $300m on the surplus in March 2018.
• In seasonally adjusted terms, the balance on goods and services was a surplus of $977m in April 2018, a decrease of $754m on the surplus in March 2018.

• In seasonally adjusted terms, goods and services credits fell $763m (2%) to $34,188m. Non-rural goods fell $544m (2%), non-monetary gold fell $294m (16%) and rural goods fell $8m. Net exports of goods under merchanting rose $5m (83%). Services credits rose $78m (1%).

• In seasonally adjusted terms, goods and services debits fell $9m to $33,211m. Consumption goods fell $202m (2%) and non-monetary gold fell $104m (15%). Capital goods rose $114m (2%) and intermediate and other merchandise goods rose $111m (1%). Services debits rose $71m (1%).