AUGUST KEY FIGURES
| | Jun 2018 | Jul 2018 | Aug 2018 | Jul 18 to Aug 18 |
| | $m | $m | $m | % change |
|
BALANCE ON GOODS AND SERVICES | | | | |
| Trend estimates | 1 498 | 1 595 | 1 716 | 8 |
| Seasonally adjusted | 2 119 | 1 548 | 1 604 | 4 |
CREDITS (Exports of goods & services) | | | | |
| Trend estimates | 36 047 | 36 382 | 36 664 | 1 |
| Seasonally adjusted | 36 701 | 36 377 | 36 562 | 1 |
DEBITS (Imports of goods & services) | | | | |
| Trend estimates | 34 549 | 34 787 | 34 948 | - |
| Seasonally adjusted | 34 581 | 34 828 | 34 958 | - |
|
- nil or rounded to zero (including null cells) |
Balance on Goods and Services
| |
AUGUST KEY POINTS
BALANCE ON GOODS AND SERVICES
- In trend terms, the balance on goods and services was a surplus of $1,716m in August 2018, an increase of $121m on the surplus in July 2018.
- In seasonally adjusted terms, the balance on goods and services was a surplus of $1,604m in August 2018, an increase of $56m on the surplus in July 2018.
CREDITS (EXPORTS OF GOODS AND SERVICES)
- In seasonally adjusted terms, goods and services credits rose $185m (1%) to $36,562m. Non-monetary gold rose $228m (13%) and rural goods rose $134m (3%). Non-rural goods fell $222m (1%). Net exports of goods under merchanting remained steady at $18m. Services credits rose $45m (1%).
DEBITS (IMPORTS OF GOODS AND SERVICES)
- In seasonally adjusted terms, goods and services debits rose $130m to $34,958m. Capital goods rose $569m (9%) and consumption goods rose $32m. Non-monetary gold fell $289m (41%) and intermediate and other merchandise goods fell $264m (2%). Services debits rose $83m (1%).
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
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 |
February 2019 | 3 April 2019 |
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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.