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

August 2022

Released

6/10/2022

View all releases

Key statistics

The seasonally adjusted balance on goods and services surplus decreased $643m in August.
Goods and services credits (exports) rose $1,434m (2.6%) driven by Coal, coke and briquettes.
Goods and services debits (imports) rose $2,077m (4.5%) driven by Fuels and lubricants.

Main features

Key Figures, Seasonally Adjusted
		Jun-22 ($m)	Jul-22 ($m)	Aug-22 ($m)	Jul-22 to Aug-22 ($m)	Jul-22 to Aug-22 (%)
Balance on goods and services		17,496	8,967	8,324	-643	na
	Credits (Exports of goods & services)	61,731	55,340	56,774	1,434	2.6
	Debits (Imports of goods & services)	-44,235	-46,373	-48,450	2,077	4.5

na not applicable

Balance on goods and services
	Seasonally Adjusted ($m)
May-21	9,803
Jun-21	10,787
Jul-21	13,956
Aug-21	12,723
Sep-21	10,464
Oct-21	10,416
Nov-21	9,282
Dec-21	7,598
Jan-22	11,997
Feb-22	6,950
Mar-22	8,882
Apr-22	11,897
May-22	14,257
Jun-22	17,496
Jul-22	8,967
Aug-22	8,324

Balance on goods and services

["","Seasonally Adjusted"]

[["May-21","Jun-21","Jul-21","Aug-21","Sep-21","Oct-21","Nov-21","Dec-21","Jan-22","Feb-22","Mar-22","Apr-22","May-22","Jun-22","Jul-22","Aug-22"],[[9803],[10787],[13956],[12723],[10464],[10416],[9282],[7598],[11997],[6950],[8882],[11897],[14257],[17496],[8967],[8324]]]

[]

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COVID-19

Changes in this issue

Balance on goods and services

In seasonally adjusted terms, the balance on goods and services was a surplus of $8,324m in August 2022, a decrease of $643m on the surplus in July 2022.

Balance on goods and services(a), seasonally adjusted
			Jun-22 ($m)	Jul-22 ($m)	Aug-22 ($m)	Jul-22 to Aug-22 ($m)	Jul-22 to Aug-22 (%)
Balance on goods and services			17,496	8,967	8,324	-643	na
	Total goods and services credits		61,731	55,340	56,774	1,434	2.6
		Total goods credits	55,593	49,026	50,435	1,409	2.9
		Total services credits	6,137	6,314	6,339	25	0.4
	Total goods and services debits		-44,235	-46,373	-48,450	2,077	4.5
		Total goods debits	-36,185	-37,589	-39,407	1,818	4.8
		Total services debits	-8,050	-8,784	-9,043	259	2.9

na not applicable
(a) For sign conventions, see the Explanatory notes.

Goods and services credits (exports), seasonally adjusted

Goods credits

	Seasonally Adjusted ($m)	Trend (a) ($m)
Aug-18	29,778	29,782
Sep-18	30,006	30,068
Oct-18	30,557	30,270
Nov-18	30,579	30,459
Dec-18	30,171	30,708
Jan-19	31,465	31,029
Feb-19	31,584	31,500
Mar-19	30,472	-
Apr-19	31,650	-
May-19	33,817	-
Jun-19	33,793	-
Jul-19	35,646	-
Aug-19	33,180	-
Sep-19	33,545	-
Oct-19	31,519	-
Nov-19	31,984	-
Dec-19	32,086	-
Jan-20	30,647	-
Feb-20	28,765	-
Mar-20	34,361	-
Apr-20	31,748	-
May-20	29,203	-
Jun-20	29,162	-
Jul-20	29,329	-
Aug-20	27,739	-
Sep-20	28,686	-
Oct-20	30,372	-
Nov-20	31,229	-
Dec-20	33,293	-
Jan-21	34,624	-
Feb-21	34,846	-
Mar-21	34,487	-
Apr-21	35,667	-
May-21	37,055	-
Jun-21	38,495	-
Jul-21	42,349	-
Aug-21	41,939	-
Sep-21	38,759	-
Oct-21	38,877	-
Nov-21	40,678	-
Dec-21	41,037	-
Jan-22	44,842	-
Feb-22	45,298	-
Mar-22	45,478	-
Apr-22	47,974	-
May-22	52,540	-
Jun-22	55,593	-
Jul-22	49,026	-
Aug-22	50,435	-

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

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(a) Trend series suspended from March 2019.

Goods credits, seasonally adjusted
			Jun-22 ($m)	Jul-22 ($m)	Aug-22 ($m)	Jul-22 to Aug-22 ($m)	Jul-22 to Aug-22 (%)
Total goods credits			55,593	49,026	50,435	1,409	2.9
	General merchandise		51,939	46,584	47,865	1,281	2.7
		Rural goods	6,361	6,546	6,989	443	6.8
		Non-rural goods	45,578	40,038	40,876	838	2.1
	Net exports of goods under merchanting(a)		25	25	25	-	-
	Non-monetary gold(a)		3,629	2,417	2,545	128	5.3

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

Rural goods

Rural goods, seasonally adjusted
	Jun-22 ($m)	Jul-22 ($m)	Aug-22 ($m)	Jul-22 to Aug-22 ($m)	Jul-22 to Aug-22 (%)
Rural goods	6,361	6,546	6,989	443	6.8
	Meat and meat preparations	1,583	1,527	1,636	109	7.1
	Cereal grains and cereal preparations	1,737	1,930	2,030	100	5.2
	Wool and sheepskins	336	365	444	79	21.6
	Other rural(a)	2,706	2,724	2,878	154	5.7

Non-rural goods

Non-rural goods, seasonally adjusted
		Jun-22 ($m)	Jul-22 ($m)	Aug-22 ($m)	Jul-22 to Aug-22 ($m)	Jul-22 to Aug-22 (%)
Non-rural goods	45,578	40,038	40,876	838	2.1
	Metal ores and minerals	15,096	13,163	13,137	-26	-0.2
	Coal, coke and briquettes	14,870	12,182	12,541	359	2.9
	Other mineral fuels	9,385	8,714	8,988	274	3.1
	Metals (excl. non-monetary gold)	1,326	1,253	1,036	-217	-17.3
	Machinery	988	943	1,013	70	7.4
	Transport equipment	281	341	338	-3	-0.9
	Other manufactures	2,077	1,935	2,191	256	13.2
	Other non-rural (incl. sugar and beverages)(a)	1,252	1,202	1,337	135	11.2
	Goods procured in ports by carriers(b)	302	304	295	-9	-3.0

Services credits

	Seasonally Adjusted ($m)	Trend (a) ($m)
Aug-18	7,850	7,828
Sep-18	7,897	7,888
Oct-18	7,976	7,937
Nov-18	7,987	7,981
Dec-18	7,976	8,024
Jan-19	8,012	8,070
Feb-19	8,217	8,122
Mar-19	8,190	-
Apr-19	8,211	-
May-19	8,332	-
Jun-19	8,411	-
Jul-19	8,532	-
Aug-19	8,654	-
Sep-19	8,693	-
Oct-19	8,785	-
Nov-19	8,818	-
Dec-19	8,750	-
Jan-20	8,151	-
Feb-20	7,465	-
Mar-20	6,895	-
Apr-20	5,419	-
May-20	5,602	-
Jun-20	5,763	-
Jul-20	5,273	-
Aug-20	5,097	-
Sep-20	5,289	-
Oct-20	5,381	-
Nov-20	5,454	-
Dec-20	5,351	-
Jan-21	5,299	-
Feb-21	5,112	-
Mar-21	4,987	-
Apr-21	4,966	-
May-21	5,170	-
Jun-21	5,325	-
Jul-21	4,863	-
Aug-21	4,768	-
Sep-21	4,864	-
Oct-21	4,674	-
Nov-21	4,721	-
Dec-21	4,757	-
Jan-22	5,046	-
Feb-22	5,064	-
Mar-22	5,113	-
Apr-22	5,553	-
May-22	5,884	-
Jun-22	6,137	-
Jul-22	6,314	-
Aug-22	6,339	-

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

[["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","May-22","Jun-22","Jul-22","Aug-22"],[[7850],[7897],[7976],[7987],[7976],[8012],[8217],[8190],[8211],[8332],[8411],[8532],[8654],[8693],[8785],[8818],[8750],[8151],[7465],[6895],[5419],[5602],[5763],[5273],[5097],[5289],[5381],[5454],[5351],[5299],[5112],[4987],[4966],[5170],[5325],[4863],[4768],[4864],[4674],[4721],[4757],[5046],[5064],[5113],[5553],[5884],[6137],[6314],[6339]],[[7828],[7888],[7937],[7981],[8024],[8070],[8122],[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],[null],[null],[null],[null]]]

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(a) Trend series suspended from March 2019.

Services credits, seasonally adjusted
			Jun-22 ($m)	Jul-22 ($m)	Aug-22 ($m)	Jul-22 to Aug-22 ($m)	Jul-22 to Aug-22 (%)
Total services credits			6,137	6,314	6,339	25	0.4
	Manufacturing services on physical inputs owned by others(a)		-	-	-	-	-
	Maintenance and repair services n.i.e.(a)		3	3	3	-	-
	Transport		558	550	594	44	8.0
		Passenger(b)(c)	223	215	259	44	20.5
		Freight(d)	34	35	36	1	2.9
		Other	186	185	186	1	0.5
		Postal and courier services(e)	115	114	114	-	-
	Travel(c)		2,793	2,905	2,862	-43	-1.5
	Other services		2,784	2,856	2,880	24	0.8
Memorandum item
	Tourism related services credits(f)		3,016	3,121	3,121	-	-

- 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)
Aug-18	27,049	27,091
Sep-18	26,863	27,080
Oct-18	27,279	26,943
Nov-18	27,397	26,767
Dec-18	25,085	26,655
Jan-19	26,994	26,602
Feb-19	26,843	26,603
Mar-19	26,353	-
Apr-19	26,668	-
May-19	26,950	-
Jun-19	26,626	-
Jul-19	26,752	-
Aug-19	26,796	-
Sep-19	27,570	-
Oct-19	27,644	-
Nov-19	26,452	-
Dec-19	26,697	-
Jan-20	25,662	-
Feb-20	24,999	-
Mar-20	25,096	-
Apr-20	25,155	-
May-20	23,950	-
Jun-20	24,319	-
Jul-20	25,922	-
Aug-20	26,199	-
Sep-20	24,461	-
Oct-20	25,181	-
Nov-20	27,466	-
Dec-20	26,460	-
Jan-21	26,245	-
Feb-21	27,347	-
Mar-21	28,470	-
Apr-21	27,364	-
May-21	28,082	-
Jun-21	28,603	-
Jul-21	28,699	-
Aug-21	29,351	-
Sep-21	28,382	-
Oct-21	28,181	-
Nov-21	30,782	-
Dec-21	32,631	-
Jan-22	31,667	-
Feb-22	36,639	-
Mar-22	34,747	-
Apr-22	34,456	-
May-22	36,547	-
Jun-22	36,185	-
Jul-22	37,589	-
Aug-22	39,407	-

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

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(a) Trend series suspended from March 2019.

Goods debits (imports) (a), seasonally adjusted
			Jun-22 ($m)	Jul-22 ($m)	Aug-22 ($m)	Jul-22 to Aug-22 ($m)	Jul-22 to Aug-22 (%)
Total goods debits			-36,185	-37,589	-39,407	1,818	4.8
	General merchandise debits		-35,454	-36,902	-38,879	1,977	5.4
		Consumption goods	-10,511	-11,495	-12,310	815	7.1
		Capital goods	-8,052	-8,416	-8,462	46	0.5
		Intermediate and other merchandise goods	-16,891	-16,991	-18,106	1,115	6.6
	Non-monetary gold(b)		-731	-687	-528	-159	-23.1

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

Consumption goods

Consumption goods(a), seasonally adjusted
	Jun-22 ($m)	Jul-22 ($m)	Aug-22 ($m)	Jul-22 to Aug-22 ($m)	Jul-22 to Aug-22 (%)
Consumption goods	-10,511	-11,495	-12,310	815	7.1
	Food and beverages, mainly for consumption	-1,503	-1,639	-1,720	81	4.9
	Household electrical items	-697	-697	-733	36	5.2
	Non-industrial transport equipment	-2,147	-2,678	-2,942	264	9.9
	Textiles, clothing and footwear	-1,877	-2,084	-2,079	-5	-0.2
	Toys, books and leisure goods	-711	-808	-745	-63	-7.8
	Consumption goods n.e.s.	-3,576	-3,591	-4,092	501	14.0

Capital goods

Capital goods(a), seasonally adjusted
	Jun-22 ($m)	Jul-22 ($m)	Aug-22 ($m)	Jul-22 to Aug-22 ($m)	Jul-22 to Aug-22 (%)
Capital goods	-8,052	-8,416	-8,462	46	0.5
	Machinery and industrial equipment	-2,781	-2,811	-2,886	75	2.7
	ADP equipment	-1,190	-1,293	-1,312	19	1.5
	Telecommunications equipment	-1,263	-1,309	-1,415	106	8.1
	Civil aircraft and confidentialised items(b)(c)	-256	-607	-298	-309	-50.9
	Industrial transport equipment n.e.s.	-1,346	-1,398	-1,505	107	7.7
	Capital goods n.e.s.(d)	-1,216	-998	-1,046	48	4.8

Intermediate and other merchandise goods

Intermediate and other merchandise goods(a), seasonally adjusted
	Jun-22 ($m)	Jul-22 ($m)	Aug-22 ($m)	Jul-22 to Aug-22 ($m)	Jul-22 to Aug-22 (%)
Intermediate and other merchandise goods	-16,891	-16,991	-18,106	1,115	6.6
	Food and beverages, mainly for industry	-224	-230	-237	7	3.0
	Primary industrial supplies n.e.s.(b)	-279	-169	-171	2	1.2
	Fuels and lubricants(c)	-6,173	-6,196	-6,886	690	11.1
	Parts for transport equipment	-1,308	-1,330	-1,387	57	4.3
	Parts for ADP equipment	-80	-76	-54	-22	-28.9
	Other parts for capital goods	-1,900	-1,934	-2,095	161	8.3
	Organic and inorganic chemicals	-616	-626	-669	43	6.9
	Paper and paperboard	-220	-229	-243	14	6.1
	Textile yarn and fabrics	-158	-166	-170	4	2.4
	Iron and steel	-453	-454	-466	12	2.6
	Plastics	-541	-552	-542	-10	-1.8
	Processed industrial supplies n.e.s.	-4,748	-4,861	-4,974	113	2.3
	Other merchandise goods(d)	-111	-54	-98	44	81.5
	Goods procured in ports by carriers(e)	-81	-114	-114	-	-

Services debits

	Seasonally Adjusted ($m)	Trend (a) ($m)
Aug-18	8,425	8,441
Sep-18	8,444	8,470
Oct-18	8,507	8,470
Nov-18	8,529	8,450
Dec-18	8,390	8,433
Jan-19	8,379	8,437
Feb-19	8,378	8,461
Mar-19	8,498	-
Apr-19	8,643	-
May-19	8,668	-
Jun-19	8,541	-
Jul-19	8,528	-
Aug-19	8,695	-
Sep-19	8,656	-
Oct-19	8,675	-
Nov-19	8,663	-
Dec-19	8,985	-
Jan-20	8,890	-
Feb-20	8,735	-
Mar-20	6,254	-
Apr-20	3,867	-
May-20	3,860	-
Jun-20	3,880	-
Jul-20	3,765	-
Aug-20	3,812	-
Sep-20	3,740	-
Oct-20	4,023	-
Nov-20	4,141	-
Dec-20	4,150	-
Jan-21	3,993	-
Feb-21	4,070	-
Mar-21	4,114	-
Apr-21	4,247	-
May-21	4,339	-
Jun-21	4,430	-
Jul-21	4,557	-
Aug-21	4,634	-
Sep-21	4,778	-
Oct-21	4,954	-
Nov-21	5,336	-
Dec-21	5,565	-
Jan-22	6,225	-
Feb-22	6,772	-
Mar-22	6,961	-
Apr-22	7,175	-
May-22	7,620	-
Jun-22	8,050	-
Jul-22	8,784	-
Aug-22	9,043	-

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

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[]

[{"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
			Jun-22 ($m)	Jul-22 ($m)	Aug-22 ($m)	Jul-22 to Aug-22 ($m)	Jul-22 to Aug-22 (%)
Total services debits			-8,050	-8,784	-9,043	259	2.9
	Manufacturing services on physical inputs owned by others(b)		-	-	-	-	-
	Maintenance and repair services n.i.e.(b)		-82	-35	-54	19	54.3
	Transport		-2,906	-3,267	-3,459	192	5.9
		Passenger(c)(d)	-528	-735	-798	63	8.6
		Freight	-2,312	-2,472	-2,601	129	5.2
		Other(b)	-45	-47	-47	-	-
		Postal and courier services(e)(f)	-21	-13	-13	-	-
	Travel(d)		-1,984	-2,318	-2,346	28	1.2
	Other services		-3,078	-3,164	-3,184	20	0.6
Memorandum item
	Tourism related services debits(g)		-2,513	-3,053	-3,144	91	3.0

- 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)
	Mar-22 (%)	Apr-22 (%)	May-22 (%)	Jun-22 (%)	Jul-22 (%)	Aug-22 (%)
Iron ore - Lump	29.8	-0.1	2.1	11.6	-3.5	-2.5
Iron ore - Fines	13.6	-3.7	8.2	3.1	-7.6	1.5
Coal - Hard coking	16.2	-10.3	15.2	2.9	-12.7	-5.4
Coal - Semi-soft	17.6	-10.2	3.9	15.5	-21.5	10.7
Coal - Thermal	-1.1	1.0	22.1	3.7	-32.2	45.6
Gas - LNG	5.1	-5.9	8.0	5.1	-15.3	7.0

(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)
	Mar-22 (%)	Apr-22 (%)	May-22 (%)	Jun-22 (%)	Jul-22 (%)	Aug-22 (%)
Iron ore - Lump	-0.8	0.6	-4.3	-0.8	-17.5	-3.1
Iron ore - Fines	0.3	3.0	-3.2	1.6	-11.9	-3.4
Coal - Hard coking	13.3	13.3	-5.3	-2.0	-18.7	-34.6
Coal - Semi-soft	14.8	29.5	-5.9	-1.0	-6.0	-16.6
Coal - Thermal	10.2	22.8	13.4	10.5	13.2	-9.0
Gas - LNG	1.5	6.4	-2.1	1.8	20.0	3.1

(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 July 2022 and August 2022 the largest movements recorded for the following selected commodities were:

Iron ore (lump), movement by country, Jul-22 to Aug-22
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Iron ore (lump) - Total movement	-152	-5.6	-2.5	-3.1
China (excludes SARs and Taiwan)	-242	-11.6	-7.0	-4.8
Japan	17	4.7	-	4.7
Korea, Republic of (South)	19	13.3	8.7	4.2
Indonesia	21	132.6	146.4	-5.6
Taiwan	36	47.9	81.5	-18.5

- nil (including null cells)

Iron ore (fines), movement by country, Jul-22 to Aug-22
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Iron ore (fines) - Total movement	-145	-2.0	1.5	-3.4
China (excludes SARs and Taiwan)	-396	-6.4	-0.7	-5.8
Indonesia	-19	-27.0	-15.3	-13.9
Taiwan	-4	-5.4	-8.8	3.7
Japan	135	36.4	16.7	16.9
Korea, Republic of (South)	160	39.5	30.6	6.8

Hard coking (high rank) coal, Jul-22 to Aug-22
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
High rank coal - Total movement	-1,567	-38.1	-5.4	-34.6
India	-443	-34.6	-5.7	-30.6
Japan	-344	-39.2	-9.8	-32.6
Korea, Republic of (South)	-241	-47.9	-16.9	-37.3
Vietnam	-84	-32.6	-18.0	-17.8
Taiwan	-22	-9.2	11.8	-18.8

Semi soft coal, movement by country, Jul-22 to Aug-22
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Semi soft coal - Total movement	-141	-7.7	10.7	-16.6
India	-208	-47.8	-30.6	-24.8
Vietnam	-74	-48.3	-33.8	-21.9
Taiwan	-66	-34.9	-33.9	-1.5
Japan	61	9.5	28.7	-14.9
Korea, Republic of (South)	194	75.5	144.5	-28.2

Thermal Coal, movement by country, Jul-22 to Aug-22
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Thermal coal - Total movement	1,772	32.5	45.6	-9.0
Japan	1,375	44.7	55.5	-7.0
Taiwan	146	14.8	14.4	0.4
Vietnam	8	4.0	28.4	-19.0
Malaysia	-9	-3.5	-5.7	2.3
Korea, Republic of (South)	-178	-28.4	-21.3	-9.0

Liquid Natural Gas, total movement, Jul-22 to Aug-22
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Liquid Natural Gas (LNG) - Total movement	732	10.3	7.0	3.1

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
	Feb-22($m)	March-22($m)	April-22($m)	May-22($m)	June-22($m)	July-22($m)	August-22($m)
Iron ore lump	5	0	-20	-40	-95	50	0
Iron ore fines	0	-10	-30	-65	-175	-85	0

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 (+$90m), May (+$165m), June (+$225m), July (+$120m) and August (+$840m) 2022. This adjustment takes into account additional information on the unit value of hard coking, semi-soft and thermal coal exports. All previous adjustments have been removed.

In the international merchandise trade series, the unit value of coal, coke and briquettes fell 1.7% between June 2022 and July 2022 and fell 17.8% between July 2022 and August 2022.

In the balance of payments series, the unit value of coal, coke and briquettes fell 2.1% between June 2022 and July 2022 and fell 12.7% between July 2022 and August 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

The ABS will no longer publish Tables 11a and 11b as part of this publication. Please see the Enhancing Trade in Services Statistics article for further information.

Download all (11.33 MB)

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 [128.37 KB]
Table 3. Goods credits, original, current prices
Download xlsx [128.31 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
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Table 9. Services, summary - original, current prices
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Table 10. Services, summary - seasonally adjusted and trend estimates, current prices
Download xlsx [303.51 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
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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
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Table 14a. Merchandise exports, country and country groups, FOB value
Download xlsx [544.42 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
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Table 32b. Merchandise exports, industry (ANZSIC 1993), FOB value
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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
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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
Download xlsx [495.26 KB]
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 [463.13 KB]
Table 36e. Merchandise exports, state of origin Western Australia, by country and country groups, FOB value
Download xlsx [486.43 KB]
Table 36f. Merchandise exports, state of origin Tasmania, by country and country groups, FOB value
Download xlsx [425.96 KB]
Table 36g. Merchandise exports, state of origin Northern Territory, by country and country groups, FOB value
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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
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Table 36j. Merchandise exports, re-exports, by country and country groups, FOB value
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Table 37a. Merchandise imports, state of destination New South Wales, by country and country groups, customs value
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Table 37b. Merchandise imports, state of destination Victoria, by country and country groups, customs value
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Table 37c. Merchandise imports, state of destination Queensland, by country and country groups, customs value
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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
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Table 37f. Merchandise imports, state of destination Tasmania, by country and country groups, customs value
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Table 37g. Merchandise imports, state of destination Northern Territory, by country and country groups, customs value
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Table 37h. Merchandise imports, state of destination Australian Capital Territory, by country and country groups, customs value
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Table 37i. Merchandise imports, state of destination not available, by country and country groups, customs value
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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 [1.19 MB]

Methodology

International Trade in Goods and Services, Australia methodology, August 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

Changes in this issue

Seasonal adjustment

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 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

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

Table 37f. Merchandise imports, state of destination Tasmania, by country and country groups, customs value

Table 37g. Merchandise imports, state of destination Northern Territory, by country and country groups, customs value

Table 37h. Merchandise imports, state of destination Australian Capital Territory, by country and country groups, customs value