OCTOBER KEY FIGURES
| | Aug 2017 | Sep 2017 | Oct 2017 | Sep 17 to Oct 17 |
| | $m | $m | $m | % change |
|
BALANCE ON GOODS AND SERVICES | | | | |
| Trend estimates | 901 | 756 | 644 | -15 |
| Seasonally adjusted | 810 | 1 604 | 105 | -93 |
CREDITS (Exports of goods & services) | | | | |
| Trend estimates | 32 225 | 32 122 | 32 073 | - |
| Seasonally adjusted | 31 916 | 32 774 | 31 871 | -3 |
DEBITS (Imports of goods & services) | | | | |
| Trend estimates | 31 325 | 31 366 | 31 429 | - |
| Seasonally adjusted | 31 106 | 31 170 | 31 766 | 2 |
|
- nil or rounded to zero (including null cells) |
Balance on Goods and Services
| |
OCTOBER KEY POINTS
BALANCE ON GOODS AND SERVICES
- In trend terms, the balance on goods and services was a surplus of $644m in October 2017, a decrease of $112m on the surplus in September 2017.
- In seasonally adjusted terms, the balance on goods and services was a surplus of $105m in October 2017, a decrease of $1,499m on the surplus in September 2017.
CREDITS (EXPORTS OF GOODS AND SERVICES)
- In seasonally adjusted terms, goods and services credits fell $903m (3%) to $31,871m. Non-rural goods fell $1,074m (5%) and rural goods fell $85m (2%). Non-monetary gold rose $362m (24%) and net exports of goods under merchanting rose $12m (25%). Services credits fell $118m (2%).
DEBITS (IMPORTS OF GOODS AND SERVICES)
- In seasonally adjusted terms, goods and services debits rose $596m (2%) to $31,766m. Intermediate and other merchandise goods rose $385m (4%), consumption goods rose $197m (2%) and non-monetary gold rose $16m (4%). Capital goods fell $120m (2%). Services debits rose $119m (2%).
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
November 2017 | 5 January 2018 |
December 2017 | 6 February 2018 |
January 2018 | 8 March 2018 |
February 2018 | 5 April 2018 |
March 2018 | 3 May 2018 |
April 2018 | 7 June 2018 |
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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.