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JUNE KEY FIGURES

		Apr 2013	May 2013	Jun 2013	May 13 to Jun 13
		$m	$m	$m	% change
BALANCE ON GOODS AND SERVICES
	Trend estimates	354	552	628	14
	Seasonally adjusted	55	507	602	19
CREDITS (Exports of goods and services)
	Trend estimates	25 793	25 991	26 151	1
	Seasonally adjusted	25 420	26 376	26 077	–1
DEBITS (Imports of goods and services)
	Trend estimates	25 438	25 439	25 523	–
	Seasonally adjusted	25 364	25 869	25 475	–2
– nil or rounded to zero (including null cells)

Balance on Goods and Services

• In trend terms, the balance on goods and services was a surplus of $628m in June 2013, an increase of $76m (14%) on the surplus in May 2013.
• In seasonally adjusted terms, the balance on goods and services was a surplus of $602m in June 2013, an increase of $95m (19%) on the surplus in May 2013.

• In seasonally adjusted terms, goods and services credits fell $299m (1%) to $26,077m. Non–monetary gold fell $282m (20%) and non–rural goods fell $34m. Rural goods rose $22m (1%) and net exports of goods under merchanting rose $1m (8%). Services credits fell $6m.

• In seasonally adjusted terms, goods and services debits fell $394m (2%) to $25,475m. Intermediate and other merchandise goods fell $598m (7%) and non–monetary gold fell $59m (14%). Capital goods rose $163m (3%) and consumption goods rose $80m (1%). Services debits rose $19m.

• In original terms, the balance on goods and services for 2012–13 was a deficit of $9.4b, a turnaround of $13.2b on the surplus of $3.8b recorded in 2011–12, resulting from a $15.3b (5%) decrease in goods and services credits partly offset by a $2.1b (1%) decrease in goods and services debits.

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

• Change to method for confidentialising exports data.

• Change to country groupings
• Amendment to schedule 4 of Customs tariff
• Updates to the major commodities listing for international merchandise trade.