October key points
Balance on goods and services
- In trend terms, the balance on goods and services was a surplus of $6,341m in October 2019, a decrease of $229m on the surplus in September 2019.
- In seasonally adjusted terms, the balance on goods and services was a surplus of $4,502m in October 2019, a decrease of $2,345m on the surplus in September 2019.
Credits (exports of goods and services)
- In seasonally adjusted terms, goods and services credits fell $2,205m (5%) to $40,750m. Non-rural goods fell $1,710m (6%) and non-monetary gold fell $666m (25%). Rural goods rose $114m (3%) and net exports of goods under merchanting rose $14m (93%). Services credits rose $45m (1%).
Debits (imports of goods and services)
- In seasonally adjusted terms, goods and services debits rose $140m to $36,248m. Consumption goods rose $334m (4%) and intermediate and other merchandise goods rose $256m (2%). Non-monetary gold fell $258m (35%) and capital goods fell $152m (2%). Services debits fell $40m.
Key figures
 | | Aug 2019 | Sep 2019 | Oct 2019 | Sep 19 to Oct 19 |
| | $m | $m | $m | % change |
|
| BALANCE ON GOODS AND SERVICES | | | | |
| Trend estimates | 6 813 | 6 570 | 6 341 | -3 |
| Seasonally adjusted | 6 591 | 6 847 | 4 502 | -34 |
| CREDITS (Exports of goods & services) | | | | |
| Trend estimates | 42 171 | 42 106 | 42 024 | - |
| Seasonally adjusted | 41 766 | 42 955 | 40 750 | -5 |
| DEBITS (Imports of goods & services) | | | | |
| Trend estimates | 35 358 | 35 536 | 35 683 | - |
| Seasonally adjusted | 35 176 | 36 108 | 36 248 | - |
|
| - nil or rounded to zero (including null cells) |
Balance on Goods and Services
Quality Declaration 
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