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NOVEMBER KEY FIGURES

		Sep 2013	Oct 2013	Nov 2013	Oct 13 to Nov 13
		$m	$m	$m	% change
BALANCE ON GOODS AND SERVICES
	Trend estimates	-681	-494	-350	29
	Seasonally adjusted	-601	-358	-118	67
CREDITS (Exports of goods and services)
	Trend estimates	27 021	27 241	27 384	1
	Seasonally adjusted	27 071	27 283	27 377	-
DEBITS (Imports of goods and services)
	Trend estimates	27 703	27 736	27 733	-
	Seasonally adjusted	27 672	27 641	27 495	-1
- nil or rounded to zero (including null cells)

Balance on Goods and Services

• In trend terms, the balance on goods and services was a deficit of $350m in November 2013, a decrease of $144m (29%) on the deficit in October 2013.
• In seasonally adjusted terms, the balance on goods and services was a deficit of $118m in November 2013, a decrease of $240m (67%) on the deficit in October 2013.

• In seasonally adjusted terms, goods and services credits rose $94m to $27,377m. Non-rural goods rose $93m (1%) and rural goods rose $18m (1%). Net exports of goods under merchanting remained steady at $44m. Non-monetary gold fell $61m (4%). Services credits rose $45m (1%).

• In seasonally adjusted terms, goods and services debits fell $146m (1%) to $27,495m. Consumption goods fell $127m (2%) and non-monetary gold fell $42m (12%). Intermediate and other merchandise goods remained steady at $9,632m. Capital goods rose $70m (1%). Services debits fell $48m (1%).

• on an international merchandise trade basis, exports and imports have been revised back to May 2013
• on a balance of payments basis, goods credits and debits have been revised back to April 2013, and services credits and debits back to July 2012.

• increased the deficit on goods and services for 2012-13 by $378m
• increased the deficit on goods and services for the four months to October 2013 by $445m.

• Changes to export and import statistical codes.