This chapter presents statistics on Australia's international accounts, covering exports and imports of goods, international trade in services, international investment transactions, and levels of Australia's foreign financial assets and liabilities. Statistics are also provided on foreign ownership of equity in Australian enterprises.
These statistics are used by economic analysts and policy advisers to monitor, evaluate and forecast developments in Australia's external trade and external sector accounts for the purposes of domestic and international macroeconomic analysis and policy determination. They are also used by governments, government agencies, businesses, industry associations, research institutions and others to analyse patterns of trade and assess particular types of transactions and financial claims and liabilities between Australian residents and non-residents, for purposes such as trade promotion and negotiations, and market and industry performance studies.
The chapter concludes with an article Australian outward foreign affiliates trade, which contains statistics that are part of new suite of globalisation statistics being developed by the Australian Bureau of Statistics (ABS).
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