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International Trade in Goods and Services, Australia

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Statistics about international trade in goods and services, on a balance of payments and international trade basis.

Reference period

April 2022

Released

2/06/2022

View all releases

Key statistics

The seasonally adjusted balance on goods and services surplus increased $757m to $10,495m in April.
Goods and services credits (exports) rose $479m (1.0%) to $50,378m, driven by rises in exports of Travel and Other mineral fuels.
Goods and services debits (imports) fell $278m (0.7%) to $39,883m, driven by a fall in imports of Processed industrial supplies and Non-industrial transport equipment.

Main features

Key Figures, Seasonally Adjusted
		Feb-22 ($m)	Mar-22 ($m)	Apr-22 ($m)	Mar-22 to Apr-22 ($m)	Mar-22 to Apr-22 (%)
Balance on goods and services		7,826	9,738	10,495	757	na
	Credits (Exports of goods & services)	49,908	49,899	50,378	479	1.0
	Debits (Imports of goods & services)	-42,082	-40,161	-39,883	-278	-0.7

na not applicable

Balance on goods and services
	Seasonally Adjusted ($m)
Jan-21	9,622
Feb-21	8,707
Mar-21	6,866
Apr-21	9,278
May-21	10,139
Jun-21	11,395
Jul-21	12,876
Aug-21	12,191
Sep-21	10,852
Oct-21	10,384
Nov-21	9,296
Dec-21	8,207
Jan-22	12,745
Feb-22	7,826
Mar-22	9,738
Apr-22	10,495

Balance on goods and services

["","Seasonally Adjusted"]

[["Jan-21","Feb-21","Mar-21","Apr-21","May-21","Jun-21","Jul-21","Aug-21","Sep-21","Oct-21","Nov-21","Dec-21","Jan-22","Feb-22","Mar-22","Apr-22"],[[9622],[8707],[6866],[9278],[10139],[11395],[12876],[12191],[10852],[10384],[9296],[8207],[12745],[7826],[9738],[10495]]]

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COVID-19

Suspension of trend estimates

The trend series attempts to measure underlying behaviour in international trade activity. In the short term, this measurement will be significantly affected by the COVID-19 pandemic and subsequent changes to regular patterns in international trade resulting from it. If the trend estimates in this publication were to be calculated without fully accounting for this unusual event they would provide a misleading view of underlying international trade activity.

It may be some time before the underlying trend in international trade activity can be accurately estimated. The trend series has therefore been suspended from March 2019 and will be reinstated when more certainty emerges.

Seasonal adjustment and COVID-19

International Accounts uses the concurrent seasonal adjustment method, meaning that seasonal factors are re-estimated each time new data becomes available. If not appropriately accounted for, unusual events such as COVID-19 can distort estimates calculated using this method. From March 2020, seasonal factors for series that have been notably impacted by COVID-19 will be calculated using data up to and including February 2020, then projected from March 2020 onwards. This approach, known as the forward factor method, ensures that seasonal factors are not distorted by COVID-19 impacts.

The ABS has advised users that it moved to using forward factors for seasonal analysis of a number of series, including Travel Services. Current ABS (and international) practice requires at least three years of data to assess whether a change in seasonal pattern has occurred. Should COVID-19 result in a long-term change to the seasonal pattern then revisions to these series may occur in the future. The ABS will consult with users on any future methods changes to seasonal adjustment and potential revisions. The Feature Article International travel services time series outlines the matter in greater detail.

Quality of international trade in services statistics

Monthly International Trade in Services statistics (ITS) are compiled using multiple data sources. These data, compared with the publication reference period, are lagged. The lag in data results in most ITS estimates being nowcast when initially published. In recent times, these estimates have been more volatile, due in part to COVID-19 but also due to services data availability. While the Australian Bureau of Statistics (ABS) make every effort to ensure estimates of monthly ITS are reflective and robust, in the current environment, the ABS recommends monthly services estimates be interpreted and used with caution. The International Trade in Services; Concepts, Source and Methods outlines this in further detail.

Changes to timing of release of International Trade, Supplementary Information, financial year (2020-21) and calendar year (2021)

COVID-19 has impacted the availability and quality of source data used to compile international trade in services estimates. As a result the 2020-2021 and 2021 International Trade, Supplementary Information publications (former cat. Nos. 5368.0.55.003 and 5368.0.55.004) have been delayed. Both publications are expected to be released commencing from June 2022.

Changes in this issue

Balance on goods and services

In seasonally adjusted terms, the balance on goods and services was a surplus of $10,495m in April 2022, an increase of $757m on the surplus in March 2022.

Balance on goods and services(a), seasonally adjusted
			Feb-22 ($m)	Mar-22 ($m)	Apr-22 ($m)	Mar-22 to Apr-22 ($m)	Mar-22 to Apr-22 (%)
Balance on goods and services			7,826	9,738	10,495	757	na
	Total goods and services credits		49,908	49,899	50,378	479	1.0
		Total goods credits	45,032	45,047	45,059	12	-
		Total services credits	4,875	4,852	5,319	467	9.6
	Total goods and services debits		-42,082	-40,161	-39,883	-278	-0.7
		Total goods debits	-36,219	-34,396	-34,121	-275	-0.8
		Total services debits	-5,863	-5,765	-5,762	-3	-0.1

na not applicable
- nil (including null cells)
(a) For sign conventions, see the Explanatory notes.

Goods and services credits (exports), seasonally adjusted

Goods credits

	Seasonally Adjusted ($m)	Trend (a) ($m)
Apr-18	27,139	27,648
May-18	28,177	28,179
Jun-18	29,018	28,763
Jul-18	29,387	29,325
Aug-18	29,892	29,779
Sep-18	30,024	30,072
Oct-18	30,545	30,285
Nov-18	30,628	30,472
Dec-18	30,174	30,701
Jan-19	31,460	31,017
Feb-19	31,542	31,502
Mar-19	30,460	-
Apr-19	31,459	-
May-19	34,074	-
Jun-19	34,253	-
Jul-19	34,939	-
Aug-19	33,098	-
Sep-19	33,784	-
Oct-19	31,570	-
Nov-19	31,801	-
Dec-19	32,101	-
Jan-20	30,843	-
Feb-20	28,525	-
Mar-20	34,371	-
Apr-20	31,832	-
May-20	29,300	-
Jun-20	29,426	-
Jul-20	28,844	-
Aug-20	27,754	-
Sep-20	28,533	-
Oct-20	30,320	-
Nov-20	31,589	-
Dec-20	33,367	-
Jan-21	34,565	-
Feb-21	34,826	-
Mar-21	34,321	-
Apr-21	35,763	-
May-21	37,432	-
Jun-21	38,984	-
Jul-21	41,003	-
Aug-21	41,836	-
Sep-21	39,173	-
Oct-21	38,828	-
Nov-21	40,601	-
Dec-21	41,286	-
Jan-22	44,992	-
Feb-22	45,032	-
Mar-22	45,047	-
Apr-22	45,059	-

["","Seasonally Adjusted","Trend (a)"]

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(a) Trend series suspended from March 2019.

Goods credits, seasonally adjusted
			Feb-22 ($m)	Mar-22 ($m)	Apr-22 ($m)	Mar-22 to Apr-22 ($m)	Mar-22 to Apr-22 (%)
Total goods credits			45,032	45,047	45,059	12	-
	General merchandise		42,673	43,180	43,738	558	1.3
		Rural goods	5,514	5,347	5,526	179	3.3
		Non-rural goods	37,159	37,833	38,212	379	1.0
	Net exports of goods under merchanting(a)		31	32	24	-8	-25.0
	Non-monetary gold(a)		2,328	1,835	1,297	-538	-29.3

- nil (including null cells)
(a) This component is not seasonally adjusted.

Rural goods

Rural goods, seasonally adjusted
Rural goods, seasonally adjusted
	Feb-22 ($m)	Mar-22 ($m)	Apr-22 ($m)	Mar-22 to Apr-22 ($m)	Mar-22 to Apr-22 (%)
Rural goods	5,514	5,347	5,526	179	3.3
	Meat and meat preparations	1,261	1,389	1,413	24	1.7
	Cereal grains and cereal preparations	1,553	1,351	1,463	112	8.3
	Wool and sheepskins	283	263	283	20	7.6
	Other rural(a)	2,416	2,345	2,368	23	1.0

Non-rural goods

Non-rural goods, seasonally adjusted
		Feb-22 ($m)	Mar-22 ($m)	Apr-22 ($m)	Mar-22 to Apr-22 ($m)	Mar-22 to Apr-22 (%)
Non-rural goods	37,159	37,833	38,212	379	1.0
	Metal ores and minerals	14,062	14,164	14,043	-121	-0.9
	Coal, coke and briquettes	9,412	9,570	9,246	-324	-3.4
	Other mineral fuels	7,569	7,751	8,155	404	5.2
	Metals (excl. non-monetary gold)	1,135	1,280	1,495	215	16.8
	Machinery	946	992	1,022	30	3.0
	Transport equipment	414	283	378	95	33.6
	Other manufactures	2,054	2,072	2,095	23	1.1
	Other non-rural (incl. sugar and beverages)(a)	1,251	1,418	1,469	51	3.6
	Goods procured in ports by carriers(b)	315	302	311	9	3.0

Services credits

	Seasonally Adjusted ($m)	Trend (a) ($m)
Apr-18	7,552	7,555
May-18	7,556	7,613
Jun-18	7,662	7,674
Jul-18	7,730	7,748
Aug-18	7,853	7,826
Sep-18	7,909	7,897
Oct-18	8,005	7,957
Nov-18	8,004	8,011
Dec-18	7,991	8,061
Jan-19	8,074	8,111
Feb-19	8,262	8,162
Mar-19	8,234	-
Apr-19	8,241	-
May-19	8,310	-
Jun-19	8,409	-
Jul-19	8,524	-
Aug-19	8,667	-
Sep-19	8,728	-
Oct-19	8,834	-
Nov-19	8,859	-
Dec-19	8,770	-
Jan-20	8,186	-
Feb-20	7,471	-
Mar-20	6,904	-
Apr-20	5,417	-
May-20	5,579	-
Jun-20	5,735	-
Jul-20	5,272	-
Aug-20	5,101	-
Sep-20	5,293	-
Oct-20	5,390	-
Nov-20	5,466	-
Dec-20	5,363	-
Jan-21	5,308	-
Feb-21	5,127	-
Mar-21	4,989	-
Apr-21	4,947	-
May-21	5,125	-
Jun-21	5,285	-
Jul-21	4,833	-
Aug-21	4,740	-
Sep-21	4,834	-
Oct-21	4,630	-
Nov-21	4,681	-
Dec-21	4,712	-
Jan-22	4,857	-
Feb-22	4,875	-
Mar-22	4,852	-
Apr-22	5,319	-

["","Seasonally Adjusted","Trend (a)"]

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(a) Trend series suspended from March 2019.

Services credits, seasonally adjusted
			Feb-22 ($m)	Mar-22 ($m)	Apr-22 ($m)	Mar-22 to Apr-22 ($m)	Mar-22 to Apr-22 (%)
Total services credits			4,875	4,852	5,319	467	9.6
	Manufacturing services on physical inputs owned by others(a)		-	-	-	-	-
	Maintenance and repair services n.i.e.(a)		1	-	-	-	-
	Transport		357	367	385	18	4.9
		Passenger(b)(c)	30	40	55	15	37.5
		Freight(d)	30	29	28	-1	-3.4
		Other	162	162	165	3	1.9
		Postal and courier services(e)	136	136	136	-	-
	Travel(c)		1,714	1,659	2,103	444	26.8
	Other services		2,804	2,826	2,831	5	0.2
Memorandum item
	Tourism related services credits(f)		1,744	1,699	2,158	459	27.0

- nil (including null cells)
(a) This component is not seasonally adjusted.
(b) Passenger transportation services includes agency fees and commissions for air transport.
(c) This component has been seasonally adjusted using the forward factor method since March 2020 due to the impacts of COVID-19.
(d) In using these seasonally adjusted series, care should be exercised because of the difficulties associated with reliably estimating the seasonal pattern.
(e) Postal and courier services includes indirect commissions for sea transport.
(f) For a more detailed explanation of tourism related services, see the Explanatory notes.

Goods and services debits (imports), seasonally adjusted

Goods debits

	Seasonally Adjusted ($m)	Trend (a) ($m)
Apr-18	25,255	26,253
May-18	26,715	26,426
Jun-18	27,140	26,697
Jul-18	26,558	26,972
Aug-18	27,178	27,109
Sep-18	26,834	27,101
Oct-18	27,320	26,964
Nov-18	27,379	26,780
Dec-18	25,039	26,658
Jan-19	27,113	26,597
Feb-19	26,761	26,590
Mar-19	26,297	-
Apr-19	26,634	-
May-19	27,021	-
Jun-19	26,409	-
Jul-19	26,643	-
Aug-19	26,813	-
Sep-19	27,504	-
Oct-19	27,578	-
Nov-19	26,298	-
Dec-19	26,586	-
Jan-20	25,649	-
Feb-20	24,715	-
Mar-20	24,874	-
Apr-20	25,032	-
May-20	23,984	-
Jun-20	24,187	-
Jul-20	25,757	-
Aug-20	26,249	-
Sep-20	24,453	-
Oct-20	25,113	-
Nov-20	27,348	-
Dec-20	26,356	-
Jan-21	26,250	-
Feb-21	27,169	-
Mar-21	28,325	-
Apr-21	27,191	-
May-21	28,091	-
Jun-21	28,459	-
Jul-21	28,410	-
Aug-21	29,755	-
Sep-21	28,381	-
Oct-21	28,115	-
Nov-21	30,681	-
Dec-21	32,453	-
Jan-22	31,560	-
Feb-22	36,219	-
Mar-22	34,396	-
Apr-22	34,121	-

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(a) Trend series suspended from March 2019.

Goods debits (imports) (a), seasonally adjusted
			Feb-22 ($m)	Mar-22 ($m)	Apr-22 ($m)	Mar-22 to Apr-22 ($m)	Mar-22 to Apr-22 (%)
Total goods debits			-36,219	-34,396	-34,121	-275	-0.8
	General merchandise debits		-35,637	-33,794	-33,449	-345	-1.0
		Consumption goods	-11,503	-10,567	-10,447	-120	-1.1
		Capital goods	-7,912	-7,705	-7,611	-94	-1.2
		Intermediate and other merchandise goods	-16,221	-15,521	-15,391	-130	-0.8
	Non-monetary gold(b)		-582	-602	-672	70	11.6

(a) For sign conventions, see the Explanatory notes.
(b) This component is not seasonally adjusted.

Consumption goods

Consumption goods(a), seasonally adjusted
	Feb-22 ($m)	Mar-22 ($m)	Apr-22 ($m)	Mar-22 to Apr-22 ($m)	Mar-22 to Apr-22 (%)
Consumption goods	-11,503	-10,567	-10,447	-120	-1.1
	Food and beverages, mainly for consumption	-1,504	-1,536	-1,564	28	1.8
	Household electrical items	-769	-654	-656	2	0.3
	Non-industrial transport equipment	-2,694	-2,632	-2,092	-540	-20.5
	Textiles, clothing and footwear	-2,062	-1,803	-1,835	32	1.8
	Toys, books and leisure goods	-778	-709	-724	15	2.1
	Consumption goods n.e.s.	-3,697	-3,233	-3,577	344	10.6

Capital goods

Capital goods(a), seasonally adjusted
	Feb-22 ($m)	Mar-22 ($m)	Apr-22 ($m)	Mar-22 to Apr-22 ($m)	Mar-22 to Apr-22 (%)
Capital goods	-7,912	-7,705	-7,611	-94	-1.2
	Machinery and industrial equipment	-2,484	-2,784	-2,651	-133	-4.8
	ADP equipment	-1,291	-1,286	-1,300	14	1.1
	Telecommunications equipment	-1,383	-1,292	-1,320	28	2.2
	Civil aircraft and confidentialised items(b)(c)	-396	-461	-361	-100	-21.7
	Industrial transport equipment n.e.s.	-1,246	-1,184	-1,303	119	10.1
	Capital goods n.e.s.(d)	-1,112	-699	-675	-24	-3.4

Intermediate and other merchandise goods

Intermediate and other merchandise goods(a), seasonally adjusted
	Feb-22 ($m)	Mar-22 ($m)	Apr-22 ($m)	Mar-22 to Apr-22 ($m)	Mar-22 to Apr-22 (%)
Intermediate and other merchandise goods	-16,221	-15,521	-15,391	-130	-0.8
	Food and beverages, mainly for industry	-209	-212	-223	11	5.2
	Primary industrial supplies n.e.s.(b)	-151	-193	-141	-52	-26.9
	Fuels and lubricants(c)	-4,408	-4,421	-5,126	705	15.9
	Parts for transport equipment	-1,291	-1,310	-1,229	-81	-6.2
	Parts for ADP equipment	-93	-56	-75	19	33.9
	Other parts for capital goods	-1,949	-1,845	-1,862	17	0.9
	Organic and inorganic chemicals	-588	-551	-537	-14	-2.5
	Paper and paperboard	-221	-244	-211	-33	-13.5
	Textile yarn and fabrics	-164	-157	-155	-2	-1.3
	Iron and steel	-486	-475	-461	-14	-2.9
	Plastics	-551	-530	-483	-47	-8.9
	Processed industrial supplies n.e.s.	-6,070	-5,490	-4,830	-660	-12.0
	Other merchandise goods(d)	-32	-30	-50	20	66.7
	Goods procured in ports by carriers(e)	-9	-9	-8	-1	-11.1

Services debits

	Seasonally Adjusted ($m)	Trend (a) ($m)
Apr-18	8,180	8,170
May-18	8,188	8,251
Jun-18	8,325	8,331
Jul-18	8,471	8,402
Aug-18	8,432	8,454
Sep-18	8,444	8,480
Oct-18	8,544	8,476
Nov-18	8,529	8,451
Dec-18	8,353	8,429
Jan-19	8,376	8,428
Feb-19	8,392	8,451
Mar-19	8,490	-
Apr-19	8,613	-
May-19	8,681	-
Jun-19	8,553	-
Jul-19	8,577	-
Aug-19	8,682	-
Sep-19	8,560	-
Oct-19	8,566	-
Nov-19	8,478	-
Dec-19	8,550	-
Jan-20	8,538	-
Feb-20	8,314	-
Mar-20	5,956	-
Apr-20	3,851	-
May-20	3,832	-
Jun-20	3,851	-
Jul-20	3,769	-
Aug-20	3,826	-
Sep-20	3,755	-
Oct-20	4,032	-
Nov-20	4,156	-
Dec-20	4,147	-
Jan-21	4,002	-
Feb-21	4,077	-
Mar-21	4,120	-
Apr-21	4,241	-
May-21	4,327	-
Jun-21	4,414	-
Jul-21	4,549	-
Aug-21	4,631	-
Sep-21	4,774	-
Oct-21	4,960	-
Nov-21	5,304	-
Dec-21	5,337	-
Jan-22	5,545	-
Feb-22	5,863	-
Mar-22	5,765	-
Apr-22	5,762	-

["","Seasonally Adjusted","Trend (a)"]

[["Apr-18","May-18","Jun-18","Jul-18","Aug-18","Sep-18","Oct-18","Nov-18","Dec-18","Jan-19","Feb-19","Mar-19","Apr-19","May-19","Jun-19","Jul-19","Aug-19","Sep-19","Oct-19","Nov-19","Dec-19","Jan-20","Feb-20","Mar-20","Apr-20","May-20","Jun-20","Jul-20","Aug-20","Sep-20","Oct-20","Nov-20","Dec-20","Jan-21","Feb-21","Mar-21","Apr-21","May-21","Jun-21","Jul-21","Aug-21","Sep-21","Oct-21","Nov-21","Dec-21","Jan-22","Feb-22","Mar-22","Apr-22"],[[8180],[8188],[8325],[8471],[8432],[8444],[8544],[8529],[8353],[8376],[8392],[8490],[8613],[8681],[8553],[8577],[8682],[8560],[8566],[8478],[8550],[8538],[8314],[5956],[3851],[3832],[3851],[3769],[3826],[3755],[4032],[4156],[4147],[4002],[4077],[4120],[4241],[4327],[4414],[4549],[4631],[4774],[4960],[5304],[5337],[5545],[5863],[5765],[5762]],[[8170],[8251],[8331],[8402],[8454],[8480],[8476],[8451],[8429],[8428],[8451],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null],[null]]]

[]

[{"axis_id":"0","tick_interval":"12","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

(a) Trend series suspended from March 2019.

Services debits(a), seasonally adjusted
			Feb-22 ($m)	Mar-22 ($m)	Apr-22 ($m)	Mar-22 to Apr-22 ($m)	Mar-22 to Apr-22 (%)
Total services debits			-5,863	-5,765	-5,762	-3	-0.1
	Manufacturing services on physical inputs owned by others(b)		-	-	-	-	-
	Maintenance and repair services n.i.e.(b)		-20	-51	-48	-3	-5.9
	Transport		-2,588	-2,450	-2,418	-32	-1.3
		Passenger(c)(d)	-218	-225	-258	33	14.7
		Freight	-2,318	-2,174	-2,112	-62	-2.9
		Other(b)	-16	-16	-18	2	12.5
		Postal and courier services(e)(f)	-36	-35	-29	-6	-17.1
	Travel(d)		-180	-171	-217	46	26.9
	Other services		-3,075	-3,093	-3,079	-14	-0.5
Memorandum item
	Tourism related services debits(g)		-398	-396	-475	79	19.9

- nil (including null cells)
(a) For sign conventions, see the Explanatory Notes.
(b) This component is not seasonally adjusted.
(c) Passenger services includes agency fees and commissions for air transport.
(d) This component has been seasonally adjusted using the forward factor method since March 2020 due to the impacts of COVID-19.
(e) Postal and courier services includes indirect commissions for sea transport.
(f) In using these seasonally adjusted series, care should be exercised because of the difficulties associated with reliably estimating the seasonal pattern.
(g) For a more detailed explanation of tourism related services, see the Explanatory notes.

Previous catalogue number

This release previously used catalogue number 5368.0.

Supplementary information

Selected commodities

Selected commodities, quantities (a)
	Nov-21 (%)	Dec-21 (%)	Jan-22 (%)	Feb-22 (%)	Mar-22 (%)	Apr-22 (%)
Iron ore - Lump	16.5	7.7	-16.8	-18.1	28.1	0.9
Iron ore - Fines	-5.2	15.3	-8.5	-15.0	14.2	-3.4
Coal - Hard coking	-9.5	5.8	5.9	-18.9	12.4	-8.8
Coal - Semi-soft	-4.2	-14.0	13.9	-11.2	20.5	-9.2
Coal - Thermal	-1.5	4.7	1.8	-19.5	-1.3	1.2
Gas - LNG	-2.4	-0.1	-8.1	0.2	5.5	-6.3

- nil (including null cells)
(a) Data in this table is on a revised international merchandise trade basis and excludes value adjustments applied to balance of payments series.

Selected commodities, unit values (a)
	Nov-21 (%)	Dec-21 (%)	Jan-22 (%)	Feb-22 (%)	Mar-22 (%)	Apr-22 (%)
Iron ore - Lump	-10.3	12.5	14.9	10.9	0.5	4.5
Iron ore - Fines	-10.7	16.1	17.1	12.3	1.4	5.3
Coal - Hard coking	15.8	-2.3	6.2	8.6	-31.1	2.8
Coal - Semi-soft	16.6	1.7	1.8	12.4	-0.7	10.9
Coal - Thermal	12.3	-9.8	11.4	11.1	8.3	17.2
Gas - LNG	13.6	-0.9	2.7	-3.7	-0.6	7.4

- nil (including null cells)
(a) Data in this table is on a revised international merchandise trade basis and excludes value adjustments applied to balance of payments series.

Selected commodity movements

On an international merchandise trade basis, in original terms (noting the footnote in the above table), between March 2022 and April 2022 the largest movements recorded for the following selected commodities were:

Iron ore (lump), movement by country, Mar-22 to Apr-22
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Iron ore (lump) - Total movement	166	5.4	0.9	4.5
China (excludes SARs and Taiwan)	160	6.7	3.0	3.6
Vietnam	38	89.7	90.2	-0.3
Netherlands	35	-	-	-
Taiwan	29	30.2	43.8	-9.5
Korea, Republic of (South)	-60	-33.6	-35.9	3.5

Iron ore (fines), movement by country, Mar-22 to Apr-22
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Iron ore (fines) - Total movement	136	1.7	-3.4	5.3
China (excludes SARs and Taiwan)	104	1.5	-2.7	4.3
Korea, Republic of (South)	86	19.8	8.1	10.8
Taiwan	41	54.5	51.9	1.7
Netherlands	-20	-100.0	-100.0	-
Japan	-75	-17.2	-28.1	15.2

Hard coking (high rank) coal, Mar-22 to Apr-22
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
High rank coal - Total movement	-188	-6.2	-8.8	2.8
Netherlands	-250	-60.2	-45.6	-26.8
Korea, Republic of (South)	-206	-43.0	-44.0	1.8
Brazil	-93	-86.4	-82.2	-23.2
France (includes Andorra and Monaco)	128	359.6	450.3	-16.5
India	182	21.6	8.9	11.7

Semi soft coal, movement by country, Mar-22 to Apr-22
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Semi soft coal - Total movement	12	0.7	-9.2	10.9
Brazil	215	7,952.8	1,258.2	492.9
Japan	35	6.7	-15.2	25.8
Germany	-34	-100.0	-100.0	-
Netherlands	-85	-78.0	-52.6	-53.6
Korea, Republic of (South)	-165	-41.3	-33.7	-11.4

Thermal Coal, movement by country, Mar-22 to Apr-22
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Thermal coal - Total movement	650	18.6	1.2	17.2
Japan	686	38.7	14.1	21.5
Malaysia	157	255.0	128.0	55.7
Thailand	126	427.8	305.3	30.2
Netherlands	101	154.8	120.9	15.4
Korea, Republic of (South)	-181	-39.1	-45.4	11.5

Liquid Natural Gas, total movement, Mar-22 to Apr-22
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Liquid Natural Gas (LNG) - Total movement	38	0.6	-6.3	7.4

Selected commodities, quantity and unit value analysis - International merchandise trade basis: Original terms

International merchandise trade exports data presented in the above tables are based on information reported by exporters to the Department of Home Affairs (Home Affairs). For commodities such as iron ore and coal, newly negotiated contract prices are not fully reflected in data first reported to Home Affairs. Final quantity and/or unit price information is updated progressively in international merchandise trade data as exporters revise the information provided to Home Affairs. When additional information for these commodities is available, the ABS may adjust the data to reflect actual transaction values.

Unit values in this publication are presented in Australian dollar terms. Movements in the unit values for some commodities incorporate movements in the United States dollar prices reported to Home Affairs and movements in the Australian dollar to United States dollar exchange rate.

Value adjustments

Goods credits on an international merchandise trade basis

On a merchandise trade basis, adjustments have been applied to iron ore lump and iron ore fines. When actual final transaction prices become available estimates are replaced with these data. For price and volume details, see the Selected commodities section.

Iron Ore Adjustment, Original Terms
	Oct-21 ($m)	Nov-21 ($m)	Dec-21 ($m)	Jan-22 ($m)	Feb-22 ($m)	Mar-22 ($m)	Apr-22 ($m)
Iron ore lump	0	0	25	35	5	0	0
Iron ore fines	-20	20	70	-25	-10	30	300

Goods credits on a balance of payments basis

Coal (in original terms)

On a balance of payments basis, adjustments have been applied to the coal, coke and briquettes component in April 2022 (+$35m). This adjustment takes into account additional information on the unit value of hard coking, semi-soft and thermal coal exports. To maintain consistency with the March quarter 2022 issue of Balance of Payments and International Investment Position, Australia released on 31 May 2022, previous adjustments have remained for November (+$20m), December (+$55m) 2021, January (+$205m), February (+$415m) and March (+$2,265m)

In the international merchandise trade series, the unit value of coal, coke and briquettes rose 10.1% between February 2022 and March 2022 and fell 10.1% between March 2022 and April 2022.

In the balance of payments series, the unit value of coal, coke and briquettes rose 7.0% between between February 2022 and March 2022 and fell 8.0% between March 2022 and April 2022.

International merchandise trade exports data presented in this publication are based on information reported by exporters to the Department of Home Affairs (Home Affairs). At the time of initial reporting to Home Affairs, the final prices at which transactions take place are not known for some commodities. Final quantity and/or unit price information is updated progressively in international merchandise trade data as exporters revise the information provided to Home Affairs.

For commodities such as iron ore and coal, newly negotiated contract prices are not fully reflected in data first reported to Home Affairs. When additional information on quantity and/or unit price for these commodities is available, the ABS may adjust the data to reflect actual transaction values.

Iron ore adjustments are applied on an international merchandise trade basis at the Australian Harmonized Export Commodity Classification (AHECC) level. Coal, coke and briquettes are adjusted on a balance of payments basis in current price, original terms. When actual final transaction prices become available estimates are replaced with these data.

In most instances, transfer of ownership occurs when goods cross the customs frontier. In certain circumstances the change of ownership of large value capital expenditure items can occur prior to the items crossing the customs frontier. The ABS may adjust the relevant balance of payments series to record the timing when transfer of ownership was affected.

Revisions

Confidential Commodities List

Data downloads

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Time series spreadsheets

Data files

Table 1. Goods and services, summary - seasonally adjusted and trend estimates, current prices
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Table 2. Goods and services, summary - original, current prices
Download xlsx [127.94 KB]
Table 3. Goods credits, original, current prices
Download xlsx [127.71 KB]
Table 4. Goods debits, original, current prices
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Table 5. Goods credits, seasonally adjusted, current prices
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Table 6. Goods debits, seasonally adjusted, current prices
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Table 7. Goods credits, trend estimates, current prices
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Table 8. Goods debits, trend estimates, current prices
Download xlsx [295.06 KB]
Table 9. Services, summary - original, current prices
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Table 10. Services, summary - seasonally adjusted and trend estimates, current prices
Download xlsx [299.91 KB]
Table 11a. Services credits, original, current prices - quarterly
Download xlsx [422.61 KB]
Table 11b. Services debits, original, current prices - quarterly
Download xlsx [416.22 KB]
Table 12a. Merchandise exports, standard international trade classification (1 and 2 digit), FOB value
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Table 12b. Merchandise exports, standard international trade classification (3 digit), FOB value
Download xlsx [608.54 KB]
Table 13a. Merchandise imports, standard international trade classification (1 and 2 digit), customs value
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Table 13b. Merchandise imports, standard international trade classification (3 digit), customs value
Download xlsx [634.38 KB]
Table 14a. Merchandise exports, country and country groups, FOB value
Download xlsx [539.77 KB]
Table 14b. Merchandise imports, country and country groups, customs value
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Table 15a. Merchandise exports, state and Australia, FOB value
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Table 15b. Merchandise imports, state and Australia, customs value
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Table 16. Period average exchange rates, units of foreign currency per Australian dollar
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Table 17. Summary of revisions, goods and services
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Table 31. Merchandise exports, broad economic category, FOB value
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Table 32a. Merchandise exports, industry (ANZSIC 2006), FOB value
Download xlsx [82.32 KB]
Table 32b. Merchandise exports, industry (ANZSIC 1993), FOB value
Download xlsx [79.52 KB]
Table 33. Merchandise imports, broad economic category, customs value
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Table 34. Merchandise imports, balance of payments broad economic category, customs value
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Table 35a. Merchandise imports, industry (ANZSIC 2006), customs value
Download xlsx [82.1 KB]
Table 35b. Merchandise imports, industry (ANZSIC 1993), customs value
Download xlsx [78.67 KB]
Table 36a. Merchandise exports, state of origin New South Wales, by country and country groups, FOB value
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Table 36b. Merchandise exports, state of origin Victoria, by country and country groups, FOB value
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Table 36c. Merchandise exports, state of origin Queensland, by country and country groups, FOB value
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Table 36d. Merchandise exports, state of origin South Australia, by country and country groups, FOB value
Download xlsx [459.4 KB]
Table 36e. Merchandise exports, state of origin Western Australia, by country and country groups, FOB value
Download xlsx [482.32 KB]
Table 36f. Merchandise exports, state of origin Tasmania, by country and country groups, FOB value
Download xlsx [422.77 KB]
Table 36g. Merchandise exports, state of origin Northern Territory, by country and country groups, FOB value
Download xlsx [404.61 KB]
Table 36h. Merchandise exports, state of origin Australian Capital Territory, by country and country groups, FOB value
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Table 36i. Merchandise exports, state of origin not available, by country and country groups, FOB value
Download xlsx [359.88 KB]
Table 36j. Merchandise exports, re-exports, by country and country groups, FOB value
Download xlsx [451.13 KB]
Table 37a. Merchandise imports, state of destination New South Wales, by country and country groups, customs value
Download xlsx [501.06 KB]
Table 37b. Merchandise imports, state of destination Victoria, by country and country groups, customs value
Download xlsx [495.18 KB]
Table 37c. Merchandise imports, state of destination Queensland, by country and country groups, customs value
Download xlsx [473.15 KB]
Table 37d. Merchandise imports, state of destination South Australia, by country and country groups, customs value
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Table 37e. Merchandise imports, state of destination Western Australia, by country and country groups, customs value
Download xlsx [466.07 KB]
Table 37f. Merchandise imports, state of destination Tasmania, by country and country groups, customs value
Download xlsx [407.29 KB]
Table 37g. Merchandise imports, state of destination Northern Territory, by country and country groups, customs value
Download xlsx [398.59 KB]
Table 37h. Merchandise imports, state of destination Australian Capital Territory, by country and country groups, customs value
Download xlsx [356.02 KB]
Table 37i. Merchandise imports, state of destination not available, by country and country groups, customs value
Download xlsx [354.19 KB]
Table 91. Monthly combined seasonal adjustment factors
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Table 92. Confidential commodities list
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Data Cubes

Data files

Table 18. Balance of payments broad economic categories (detailed level), by country, latest 7 months, customs value, ($million)
Download xlsx [1.03 MB]
Table 19. Balance of payments broad economic categories (1 and 2 digit), by country, latest 7 months, customs value, ($million)
Download xlsx [1.2 MB]

Methodology

International Trade in Goods and Services, Australia methodology, April 2022

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APA

International Trade in Goods and Services, Australia

APA

Key statistics

Main features

COVID-19

Suspension of trend estimates

Seasonal adjustment and COVID-19

Quality of international trade in services statistics

Changes to timing of release of International Trade, Supplementary Information, financial year (2020-21) and calendar year (2021)

Changes in this issue

Changes to the International Merchandise Trade: Confidential Commodities List

Balance on goods and services

Goods and services credits (exports), seasonally adjusted

Goods credits

Rural goods

Non-rural goods

Services credits

Goods and services debits (imports), seasonally adjusted

Goods debits

Consumption goods

Capital goods

Intermediate and other merchandise goods

Services debits

Previous catalogue number

Supplementary information

Selected commodities

Selected commodity movements

Selected commodities, quantity and unit value analysis - International merchandise trade basis: Original terms

Value adjustments

Goods credits on an international merchandise trade basis

Goods credits on a balance of payments basis

Revisions

Confidential Commodities List

Confidential Commodities List

Data downloads

Time series spreadsheets

Table 1. Goods and services, summary - seasonally adjusted and trend estimates, current prices

Table 2. Goods and services, summary - original, current prices

Table 3. Goods credits, original, current prices

Table 4. Goods debits, original, current prices

Table 5. Goods credits, seasonally adjusted, current prices

Table 6. Goods debits, seasonally adjusted, current prices

Table 7. Goods credits, trend estimates, current prices

Table 8. Goods debits, trend estimates, current prices

Table 9. Services, summary - original, current prices

Table 10. Services, summary - seasonally adjusted and trend estimates, current prices

Table 11a. Services credits, original, current prices - quarterly

Table 11b. Services debits, original, current prices - quarterly

Table 12a. Merchandise exports, standard international trade classification (1 and 2 digit), FOB value

Table 12b. Merchandise exports, standard international trade classification (3 digit), FOB value

Table 13a. Merchandise imports, standard international trade classification (1 and 2 digit), customs value

Table 13b. Merchandise imports, standard international trade classification (3 digit), customs value

Table 14a. Merchandise exports, country and country groups, FOB value

Table 14b. Merchandise imports, country and country groups, customs value

Table 15a. Merchandise exports, state and Australia, FOB value

Table 15b. Merchandise imports, state and Australia, customs value

Table 16. Period average exchange rates, units of foreign currency per Australian dollar

Table 17. Summary of revisions, goods and services

Table 31. Merchandise exports, broad economic category, FOB value

Table 32a. Merchandise exports, industry (ANZSIC 2006), FOB value

Table 32b. Merchandise exports, industry (ANZSIC 1993), FOB value

Table 33. Merchandise imports, broad economic category, customs value

Table 34. Merchandise imports, balance of payments broad economic category, customs value

Table 35a. Merchandise imports, industry (ANZSIC 2006), customs value

Table 35b. Merchandise imports, industry (ANZSIC 1993), customs value

Table 36a. Merchandise exports, state of origin New South Wales, by country and country groups, FOB value

Table 36b. Merchandise exports, state of origin Victoria, by country and country groups, FOB value

Table 36c. Merchandise exports, state of origin Queensland, by country and country groups, FOB value

Table 36d. Merchandise exports, state of origin South Australia, by country and country groups, FOB value

Table 36e. Merchandise exports, state of origin Western Australia, by country and country groups, FOB value

Table 36f. Merchandise exports, state of origin Tasmania, by country and country groups, FOB value

Table 36g. Merchandise exports, state of origin Northern Territory, by country and country groups, FOB value

Table 36h. Merchandise exports, state of origin Australian Capital Territory, by country and country groups, FOB value

Table 36i. Merchandise exports, state of origin not available, by country and country groups, FOB value

Table 36j. Merchandise exports, re-exports, by country and country groups, FOB value

Table 37a. Merchandise imports, state of destination New South Wales, by country and country groups, customs value

Table 37b. Merchandise imports, state of destination Victoria, by country and country groups, customs value

Table 37c. Merchandise imports, state of destination Queensland, by country and country groups, customs value

Table 37d. Merchandise imports, state of destination South Australia, by country and country groups, customs value