MAY KEY FIGURES
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | Mar 2018 | Apr 2018 | May 2018 | Apr 18 to May 18 |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | $m | $m | $m | % change |
|
BALANCE ON GOODS AND SERVICES | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Trend estimates | 829 | 973 | 1 056 | 9 |
![](/icons/ecblank.gif) | Seasonally adjusted | 1 141 | 472 | 827 | 75 |
CREDITS (Exports of goods & services) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Trend estimates | 34 651 | 35 043 | 35 322 | 1 |
![](/icons/ecblank.gif) | Seasonally adjusted | 34 853 | 34 209 | 35 562 | 4 |
DEBITS (Imports of goods & services) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Trend estimates | 33 822 | 34 071 | 34 266 | 1 |
![](/icons/ecblank.gif) | Seasonally adjusted | 33 712 | 33 737 | 34 735 | 3 |
|
Balance on Goods and Services
![Graph: This graph shows the Balance on Goods and Services for the Trend and Seasonally adjusted series](/ausstats/abs@.nsf/0/ce0c8d13a080b9c0ca2582dc00136f1a/Body/0.1F2C!OpenElement&FieldElemFormat=gif)
| ![](/icons/ecblank.gif) |
MAY KEY POINTS
BALANCE ON GOODS AND SERVICES
- In trend terms, the balance on goods and services was a surplus of $1,056m in May 2018, an increase of $83m on the surplus in April 2018.
- In seasonally adjusted terms, the balance on goods and services was a surplus of $827m in May 2018, an increase of $355m on the surplus in April 2018.
CREDITS (EXPORTS OF GOODS AND SERVICES)
- In seasonally adjusted terms, goods and services credits rose $1,353m (4%) to $35,562m. Non-rural goods rose $938m (4%) and non-monetary gold rose $343m (22%). Rural goods fell $4m. Net exports of goods under merchanting remained steady at $4m. Services credits rose $75m (1%).
DEBITS (IMPORTS OF GOODS AND SERVICES)
- In seasonally adjusted terms, goods and services debits rose $998m (3%) to $34,735m. Consumption goods rose $471m (6%), intermediate and other merchandise goods rose $459m (4%) and non-monetary gold rose $142m (23%). Capital goods fell $98m (2%). Services debits rose $23m.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
June 2018 | 2 August 2018 |
July 2018 | 6 September 2018 |
August 2018 | 4 October 2018 |
September 2018 | 1 November 2018 |
October 2018 | 6 December 2018 |
November 2018 | 8 January 2019 |
PRIVACY
The
ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to the ABS.
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.