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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

May 2021

Released

1/07/2021

View all releases

Key statistics

The seasonally adjusted balance on goods and services surplus increased $1,524m to $9,681m in May.
Goods and services credits (exports) rose $2,443m (6%) to $42,233m.
Goods and services debits (imports) rose $919m (3%) to $32,552m.

Main features

Key Figures, Seasonally Adjusted
		Mar-21 ($m)	Apr-21 ($m)	May-21 ($m)	Apr-21 to May-21 ($m)	Apr-21 to May-21 (%)
Balance on goods and services		6 003	8 157	9 681	1 524	na
	Credits (Exports of goods & services)	38 502	39 790	42 233	2 443	6
	Debits (Imports of goods & services)	-32 499	-31 633	-32 552	919	3

na not applicable

Balance on goods and services
	Seasonally Adjusted
Feb-20	3,213
Mar-20	9,754
Apr-20	7,462
May-20	6,626
Jun-20	7,563
Jul-20	4,979
Aug-20	3,194
Sep-20	6,100
Oct-20	6,841
Nov-20	5,596
Dec-20	7,691
Jan-21	9,865
Feb-21	8,024
Mar-21	6,003
Apr-21	8,157
May-21	9,681

Balance on goods and services

["","Seasonally Adjusted"]

[["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"],[[3213],[9754],[7462],[6626],[7563],[4979],[3194],[6100],[6841],[5596],[7691],[9865],[8024],[6003],[8157],[9681]]]

[]

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COVID-19

Cessation of International Merchandise Trade, Preliminary, Australia

Balance on goods and services

In seasonally adjusted terms, the balance on goods and services was a surplus of $9,681m in May 2021, an increase of $1,524m on the surplus in April 2021.

Balance on goods and services(a), seasonally adjusted
			Mar-21 ($m)	Apr-21 ($m)	May-21 ($m)	Apr-21 to May-21 ($m)	Apr-21 to May-21 (%)
Balance on goods and services			6 003	8 157	9 681	1 524	na
	Total goods and services credits		38 502	39 790	42 233	2 443	6
		Total goods credits	33 695	35 030	37 248	2 218	6
		Total services credits	4 807	4 760	4 985	225	5
	Total goods and services debits		-32 499	-31 633	-32 552	919	3
		Total goods debits	-28 480	-27 485	-28 212	727	3
		Total services debits	-4 019	-4 148	-4 340	192	5

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)
May-17	25,619	25,366
Jun-17	25,090	25,090
Jul-17	24,650	24,879
Aug-17	24,643	24,721
Sep-17	25,286	24,733
Oct-17	24,664	24,964
Nov-17	24,803	25,379
Dec-17	25,682	25,903
Jan-18	26,928	26,437
Feb-18	27,639	26,932
Mar-18	27,501	27,370
Apr-18	26,756	27,756
May-18	28,119	28,120
Jun-18	28,885	28,554
Jul-18	29,065	29,025
Aug-18	29,495	29,459
Sep-18	29,821	29,801
Oct-18	30,229	30,126
Nov-18	30,791	30,488
Dec-18	30,116	30,918
Jan-19	31,880	31,381
Feb-19	32,152	31,901
Mar-19	31,094	-
Apr-19	31,555	-
May-19	33,617	-
Jun-19	34,028	-
Jul-19	35,585	-
Aug-19	33,497	-
Sep-19	33,998	-
Oct-19	31,681	-
Nov-19	32,112	-
Dec-19	32,061	-
Jan-20	30,766	-
Feb-20	28,475	-
Mar-20	33,851	-
Apr-20	31,292	-
May-20	28,718	-
Jun-20	29,753	-
Jul-20	29,299	-
Aug-20	28,112	-
Sep-20	28,696	-
Oct-20	30,297	-
Nov-20	31,552	-
Dec-20	33,090	-
Jan-21	34,543	-
Feb-21	34,376	-
Mar-21	33,695	-
Apr-21	35,030	-
May-21	37,248	-

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

[["May-17","Jun-17","Jul-17","Aug-17","Sep-17","Oct-17","Nov-17","Dec-17","Jan-18","Feb-18","Mar-18","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"],[[25619],[25090],[24650],[24643],[25286],[24664],[24803],[25682],[26928],[27639],[27501],[26756],[28119],[28885],[29065],[29495],[29821],[30229],[30791],[30116],[31880],[32152],[31094],[31555],[33617],[34028],[35585],[33497],[33998],[31681],[32112],[32061],[30766],[28475],[33851],[31292],[28718],[29753],[29299],[28112],[28696],[30297],[31552],[33090],[34543],[34376],[33695],[35030],[37248]],[[25366],[25090],[24879],[24721],[24733],[24964],[25379],[25903],[26437],[26932],[27370],[27756],[28120],[28554],[29025],[29459],[29801],[30126],[30488],[30918],[31381],[31901],[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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[{"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.

Goods credits, seasonally adjusted
			Mar-21 ($m)	Apr-21 ($m)	May-21 ($m)	Apr-21 to May-21 ($m)	Apr-21 to May-21 (%)
Total goods credits			33 695	35 030	37 248	2 218	6
	General merchandise		31 525	33 217	35 394	2 177	7
		Rural goods	4 109	4 243	4 497	254	6
		Non-rural goods	27 416	28 974	30 897	1 923	7
	Net exports of goods under merchanting(a)		50	37	37	-	-
	Non-monetary gold(a)		2 120	1 776	1 817	41	2

- nil or rounded to zero (including null cells)
(a) This component is not seasonally adjusted.

Rural goods

Rural goods, seasonally adjusted
	Mar-21 ($m)	Apr-21 ($m)	May-21 ($m)	Apr-21 to May-21 ($m)	Apr-21 to May-21 (%)
Rural goods	4 109	4 243	4 497	254	6
	Meat and meat preparations	1 130	1 165	1 202	37	3
	Cereal grains and cereal preparations	869	975	1 085	110	11
	Wool and sheepskins	231	257	299	42	16
	Other rural(a)	1 878	1 847	1 910	63	3

Non-rural goods

Non-rural goods, seasonally adjusted
		Mar-21 ($m)	Apr-21 ($m)	May-21 ($m)	Apr-21 to May-21 ($m)	Apr-21 to May-21 (%)
Non-rural goods	27 416	28 974	30 897	1 923	7
	Metal ores and minerals	15 664	16 174	17 986	1 812	11
	Coal, coke and briquettes	3 013	3 583	3 504	- 79	- 2
	Other mineral fuels	3 565	3 818	3 892	74	2
	Metals (excl. non-monetary gold)	1 049	1 126	1 174	48	4
	Machinery	910	924	953	29	3
	Transport equipment	297	337	343	6	2
	Other manufactures	1 771	1 901	1 785	- 116	- 6
	Other non-rural (incl. sugar and beverages)(a)	973	933	1 073	140	15
	Goods procured in ports by carriers(b)	174	179	189	10	6

Services credits

Services Credits
	Seasonally Adjusted ($m)	Trend (a) ($m)
May-17	7,226	7,176
Jun-17	7,174	7,191
Jul-17	7,107	7,175
Aug-17	7,134	7,139
Sep-17	7,163	7,110
Oct-17	7,113	7,115
Nov-17	7,130	7,162
Dec-17	7,098	7,238
Jan-18	7,372	7,337
Feb-18	7,563	7,442
Mar-18	7,545	7,539
Apr-18	7,610	7,616
May-18	7,649	7,675
Jun-18	7,731	7,727
Jul-18	7,743	7,780
Aug-18	7,867	7,838
Sep-18	7,903	7,896
Oct-18	7,981	7,954
Nov-18	7,988	8,014
Dec-18	8,034	8,077
Jan-19	8,145	8,142
Feb-19	8,285	8,210
Mar-19	8,259	-
Apr-19	8,321	-
May-19	8,423	-
Jun-19	8,513	-
Jul-19	8,587	-
Aug-19	8,675	-
Sep-19	8,709	-
Oct-19	8,777	-
Nov-19	8,789	-
Dec-19	8,802	-
Jan-20	8,214	-
Feb-20	7,481	-
Mar-20	6,908	-
Apr-20	5,470	-
May-20	5,576	-
Jun-20	5,768	-
Jul-20	5,282	-
Aug-20	5,094	-
Sep-20	5,278	-
Oct-20	5,357	-
Nov-20	5,428	-
Dec-20	5,405	-
Jan-21	5,094	-
Feb-21	4,902	-
Mar-21	4,807	-
Apr-21	4,760	-
May-21	4,985	-

Services Credits

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

[["May-17","Jun-17","Jul-17","Aug-17","Sep-17","Oct-17","Nov-17","Dec-17","Jan-18","Feb-18","Mar-18","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"],[[7226],[7174],[7107],[7134],[7163],[7113],[7130],[7098],[7372],[7563],[7545],[7610],[7649],[7731],[7743],[7867],[7903],[7981],[7988],[8034],[8145],[8285],[8259],[8321],[8423],[8513],[8587],[8675],[8709],[8777],[8789],[8802],[8214],[7481],[6908],[5470],[5576],[5768],[5282],[5094],[5278],[5357],[5428],[5405],[5094],[4902],[4807],[4760],[4985]],[[7176],[7191],[7175],[7139],[7110],[7115],[7162],[7238],[7337],[7442],[7539],[7616],[7675],[7727],[7780],[7838],[7896],[7954],[8014],[8077],[8142],[8210],[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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[{"axis_id":"0","tick_interval":"1000","axis_min":"4000","axis_max":"9000","axis_title":"$m","precision":"","table_units":"($m)","tooltip_units":"(m)","axis_units":"","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

(a) Trend series suspended from March 2019

Services credits, seasonally adjusted
			Mar-21 ($m)	Apr-21 ($m)	May-21 ($m)	Apr-21 to May-21 ($m)	Apr-21 to May-21 (%)
Total services credits			4 807	4 760	4 985	225	5
	Manufacturing services on physical inputs owned by others(a)		2	2	2	-	-
	Maintenance and repair services n.i.e.(a)		5	5	5	-	-
	Transport		316	330	353	23	7
		Passenger(b)	2	13	35	22	169
		Freight(c)	20	21	21	-	-
		Other	167	165	165	-	-
		Postal and courier services(d)	127	131	132	1	1
	Travel		1 824	1 884	2 054	170	9
	Other services		2 660	2 539	2 571	32	1
Memorandum item
	Tourism related services credits(e)		1 826	1 898	2 089	191	10

- nil or rounded to zero (including null cells)
(a) This component is not seasonally adjusted.
(b) Passenger transportation services includes agency fees and commissions for air transport.
(c) In using these seasonally adjusted series, care should be exercised because of the difficulties associated with reliably estimating the seasonal pattern.
(d) Postal and courier services includes indirect commissions for sea transport.
(e) For a more detailed explanation of tourism related services, see the Explanatory notes.

Goods and services debits (imports), seasonally adjusted

Goods debits

Goods Debits
	Seasonally Adjusted	Trend (a)
May-17	23,490	23,852
Jun-17	23,887	23,879
Jul-17	24,256	23,885
Aug-17	23,803	23,927
Sep-17	24,073	24,076
Oct-17	24,007	24,406
Nov-17	24,085	24,822
Dec-17	26,515	25,250
Jan-18	25,609	25,624
Feb-18	25,728	25,903
Mar-18	25,978	26,102
Apr-18	25,506	26,272
May-18	26,925	26,452
Jun-18	26,897	26,707
Jul-18	26,696	26,954
Aug-18	27,027	27,077
Sep-18	26,718	27,083
Oct-18	27,352	26,971
Nov-18	27,422	26,798
Dec-18	25,354	26,672
Jan-19	27,019	26,599
Feb-19	26,497	26,588
Mar-19	26,208	-
Apr-19	26,814	-
May-19	27,318	-
Jun-19	26,187	-
Jul-19	26,727	-
Aug-19	26,731	-
Sep-19	27,428	-
Oct-19	27,347	-
Nov-19	26,025	-
Dec-19	26,752	-
Jan-20	25,472	-
Feb-20	24,729	-
Mar-20	24,916	-
Apr-20	25,485	-
May-20	23,910	-
Jun-20	24,128	-
Jul-20	25,878	-
Aug-20	26,254	-
Sep-20	24,196	-
Oct-20	24,862	-
Nov-20	27,283	-
Dec-20	26,715	-
Jan-21	25,877	-
Feb-21	27,261	-
Mar-21	28,480	-
Apr-21	27,485	-
May-21	28,212	-

Goods Debits

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

[["May-17","Jun-17","Jul-17","Aug-17","Sep-17","Oct-17","Nov-17","Dec-17","Jan-18","Feb-18","Mar-18","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"],[[23490],[23887],[24256],[23803],[24073],[24007],[24085],[26515],[25609],[25728],[25978],[25506],[26925],[26897],[26696],[27027],[26718],[27352],[27422],[25354],[27019],[26497],[26208],[26814],[27318],[26187],[26727],[26731],[27428],[27347],[26025],[26752],[25472],[24729],[24916],[25485],[23910],[24128],[25878],[26254],[24196],[24862],[27283],[26715],[25877],[27261],[28480],[27485],[28212]],[[23852],[23879],[23885],[23927],[24076],[24406],[24822],[25250],[25624],[25903],[26102],[26272],[26452],[26707],[26954],[27077],[27083],[26971],[26798],[26672],[26599],[26588],[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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[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

(a) Trend series suspended from March 2019

Goods debits (imports) (a), seasonally adjusted
			Mar-21 ($m)	Apr-21 ($m)	May-21 ($m)	Apr-21 to May-21 ($m)	Apr-21 to May-21 (%)
Total goods debits			-28 480	-27 485	-28 212	727	3
	General merchandise debits		-27 499	-26 959	-27 327	368	1
		Consumption goods	-9 998	-9 724	-9 824	100	1
		Capital goods	-6 846	-6 502	-6 713	211	3
		Intermediate and other merchandise goods	-10 655	-10 733	-10 791	58	1
	Non-monetary gold(b)		- 981	- 526	- 885	359	68

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

Consumption goods

Consumption goods(a), seasonally adjusted
	Mar-21 ($m)	Apr-21 ($m)	May-21 ($m)	Apr-21 to May-21 ($m)	Apr-21 to May-21 (%)
Consumption goods	-9 998	-9 724	-9 824	100	1
	Food and beverages, mainly for consumption	-1 460	-1 377	-1 412	35	3
	Household electrical items	- 733	- 610	- 640	30	5
	Non-industrial transport equipment	-2 280	-2 531	-2 290	- 241	- 10
	Textiles, clothing and footwear	-1 852	-1 621	-1 793	172	11
	Toys, books and leisure goods	- 693	- 655	- 657	2	-
	Consumption goods n.e.s.	-2 981	-2 930	-3 033	103	4

Capital goods

Capital goods(a), seasonally adjusted
	Mar-21 ($m)	Apr-21 ($m)	May-21 ($m)	Apr-21 to May-21 ($m)	Apr-21 to May-21 (%)
Capital goods	-6,846	-6,502	-6,713	211	3
	Machinery and industrial equipment	-2,374	-2,312	-2,347	35	2
	ADP equipment	-926	-932	-978	46	5
	Telecommunications equipment	-1,090	-1,099	-1,041	-58	-5
	Civil aircraft and confidentialised items(b)(c)	-360	-191	-274	83	43
	Industrial transport equipment n.e.s.	-1,219	-1,181	-1,104	-77	-7
	Capital goods n.e.s.(d)	-877	-787	-968	181	23

Intermediate and other merchandise goods

Intermediate and other merchandise goods(a), seasonally adjusted
	Mar-21 ($m)	Apr-21 ($m)	May-21 ($m)	Apr-21 to May-21 ($m)	Apr-21 to May-21 (%)
Intermediate and other merchandise goods	-10 655	-10 733	-10 791	58	1
	Food and beverages, mainly for industry	-185	-176	-175	-1	-1
	Primary industrial supplies n.e.s.(b)	-158	-186	-179	-7	-4
	Fuels and lubricants	-2 403	-2 646	-2 512	-134	-5
	Parts for transport equipment	-1 188	-1 087	-1 176	89	8
	Parts for ADP equipment	-81	-75	-80	5	7
	Other parts for capital goods	-1 641	-1 600	-1 673	73	5
	Organic and inorganic chemicals	-310	-312	-316	4	1
	Paper and paperboard	-213	-177	-183	6	3
	Textile yarn and fabrics	-143	-140	-143	3	2
	Iron and steel	-331	-270	-280	10	4
	Plastics	-440	-415	-441	26	6
	Processed industrial supplies n.e.s.	-3 532	-3 559	-3 493	-66	-2
	Other merchandise goods(c)	-22	-85	-137	52	61
	Goods procured in ports by carriers	-6	-5	-3	-2	-40

Services debits

	Seasonally Adjusted	Trend (a)
May-17	7,487	7,408
Jun-17	7,371	7,460
Jul-17	7,473	7,499
Aug-17	7,595	7,530
Sep-17	7,567	7,555
Oct-17	7,560	7,599
Nov-17	7,606	7,675
Dec-17	7,815	7,763
Jan-18	7,771	7,853
Feb-18	7,991	7,939
Mar-18	8,183	8,012
Apr-18	7,984	8,072
May-18	8,011	8,125
Jun-18	8,191	8,179
Jul-18	8,302	8,241
Aug-18	8,320	8,304
Sep-18	8,332	8,364
Oct-18	8,413	8,409
Nov-18	8,440	8,434
Dec-18	8,505	8,458
Jan-19	8,431	8,486
Feb-19	8,539	8,517
Mar-19	8,478	-
Apr-19	8,631	-
May-19	8,707	-
Jun-19	8,616	-
Jul-19	8,692	-
Aug-19	8,799	-
Sep-19	8,790	-
Oct-19	8,663	-
Nov-19	8,635	-
Dec-19	8,700	-
Jan-20	8,539	-
Feb-20	8,014	-
Mar-20	6,089	-
Apr-20	3,816	-
May-20	3,758	-
Jun-20	3,830	-
Jul-20	3,724	-
Aug-20	3,759	-
Sep-20	3,678	-
Oct-20	3,951	-
Nov-20	4,101	-
Dec-20	4,089	-
Jan-21	3,896	-
Feb-21	3,993	-
Mar-21	4,019	-
Apr-21	4,148	-
May-21	4,340	-

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

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

(a) Trend series suspended from March 2019

Services debits(a), seasonally adjusted
			Mar-21 ($m)	Apr-21 ($m)	May-21 ($m)	Apr-21 to May-21 ($m)	Apr-21 to May-21 (%)
Total services debits			-4 019	-4 148	-4 340	192	5
	Manufacturing services on physical inputs owned by others(b)		-	-	-	-	-
	Maintenance and repair services n.i.e.(b)		- 37	- 37	- 43	6	16
	Transport		-1 262	-1 273	-1 292	19	1
		Passenger(c)	- 57	- 68	- 83	15	22
		Freight	-1 178	-1 179	-1 182	3	-
		Other(b)	- 16	- 15	- 15	-	-
		Postal and courier services(d)(e)	- 11	- 11	- 11	-	-
	Travel		- 57	- 127	- 271	144	113
	Other services		-2 663	-2 712	-2 734	22	1
Memorandum item
	Tourism related services debits(f)		- 114	- 195	- 354	159	82

- nil or rounded to zero (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) Postal and courier services includes indirect commissions for sea transport.
(e) In using these seasonally adjusted series, care should be exercised because of the difficulties associated with reliably estimating the seasonal pattern.
(f) For a more detailed explanation of tourism related services, see the Explanatory notes.

Supplementary information

Selected commodities

Selected commodities, quantities (a)
	Dec-20 (%)	Jan-21 (%)	Feb-21 (%)	Mar-21 (%)	Apr-21 (%)	May-21 (%)
Iron ore - Lump	10	- 12	- 9	19	- 8	12
Iron ore - Fines	11	- 13	- 5	15	- 4	8
Coal - Hard coking	34	- 21	- 11	23	- 3	1
Coal - Semi-soft	- 12	16	- 3	- 18	12	-
Coal - Thermal	25	- 7	- 6	- 16	14	11
Gas - LNG	- 4	-	- 6	15	- 2	- 13

- nil or rounded to zero (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)
	Dec-20 (%)	Jan-21 (%)	Feb-21 (%)	Mar-21 (%)	Apr-21 (%)	May-21 (%)
Iron ore - Lump	16	13	-	5	8	8
Iron ore - Fines	16	4	-	3	4	8
Coal - Hard coking	- 13	2	9	9	- 8	16
Coal - Semi-soft	- 5	2	9	3	9	- 2
Coal - Thermal	2	13	8	6	3	- 3
Gas - LNG	7	5	0	- 5	6	5

- nil or rounded to zero (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 April 2021 to May 2021 the largest movements recorded for the following selected commodities were:

Iron ore (lump), movement by country, Apr-21 to May-21
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Iron ore (lump) - Total movement	795	21	12	8
China (excludes SARs and Taiwan)	644	24	17	6
Japan	87	18	4	14
Taiwan	46	28	11	15
Vietnam	44	165	163	1
Korea, Republic of (South)	- 73	- 26	- 26	-

- nil or rounded to zero (including null cells)

Iron ore (fines), movement by country, Apr-21 to May-21
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Iron ore (fines) - Total movement	1 711	17	8	8
China (excludes SARs and Taiwan)	1 443	18	9	8
Singapore	167	52	41	8
Hong Kong (SAR of China)	128	30	26	4
Japan	71	15	1	14
Korea, Republic of (South)	- 143	- 20	- 25	7

Hard coking (high rank) coal, Apr-21 to May-21
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
High rank coal - Total movement	235	16	1	16
India	65	12	- 10	25
Taiwan	45	116	101	8
Turkey	43	-	-	-
Croatia	30	-	-	-
France (includes Andorra and Monaco)	- 32	- 57	- 54	- 7

- nil or rounded to zero (including null cells)

Semi soft coal, movement by country, Apr-21 to May-21
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Semi soft coal - Total movement	- 11	- 2	-	- 2
Japan	- 42	- 17	- 16	- 1
India	- 16	- 10	- 2	- 8
Netherlands	9	-	-	-
Vietnam	12	107	110	- 2
Malaysia	13	-	-	-

- nil or rounded to zero (including null cells)

Thermal Coal, movement by country, Apr-21 to May-21
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Thermal coal - Total movement	119	8	11	- 3
Korea, Republic of (South)	99	50	65	- 9
Taiwan	41	21	13	7
Turkey	30	-	-	-
Japan	- 22	- 4	- 7	3
Malaysia	- 28	- 36	- 39	5

- nil or rounded to zero (including null cells)

Liquid Natural Gas, total movement, Apr-21 to May-21
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Liquid Natural Gas (LNG) - Total movement	-263	-9	-13	5

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
	Nov-20($m)	Dec-20($m)	Jan-21($m)	Feb-21($m)	Mar-21($m)	Apr-21($m)	May-21($m)
Iron ore lump	55	10	15	110	20	10	40
Iron ore fines	5	55	-5	55	80	55	140

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 (-$10m) and May (-$240m) 2021. 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 2.7% between March 2021 and April 2021 and rose 3.7% between April 2021 and May 2021.

In the balance of payments series, the unit value of coal, coke and briquettes fell 3.0% between March 2021 and April 2021 and fell 2.6% between April 2021 and May 2021.

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

Previous catalogue number

This release previously used catalogue number 5368.0.

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 xls [281 KB]
Table 3. Goods credits, original, current prices
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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
Download xls [1.16 MB]
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 xls [1.05 MB]
Table 11a. Services credits, original, current prices - quarterly
Download xls [3.28 MB]
Table 11b. Services debits, original, current prices - quarterly
Download xls [3.16 MB]
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 xls [900.5 KB]
Table 13a. Merchandise imports, standard international trade classification (1 and 2 digit), customs value
Download xls [306.5 KB]
Table 13b. Merchandise imports, standard international trade classification (3 digit), customs value
Download xls [900.5 KB]
Table 14a. Merchandise exports, country and country groups, FOB value
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Table 14b. Merchandise imports, country and country groups, customs value
Download xls [867 KB]
Table 15a. Merchandise exports, state and Australia, FOB value
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Table 15b. Merchandise imports, state and Australia, customs value
Download xls [101.5 KB]
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
Download xls [175.5 KB]
Table 31. Merchandise exports, broad economic category, FOB value
Download xls [130.5 KB]
Table 32a. Merchandise exports, industry (ANZSIC 2006), FOB value
Download xls [108 KB]
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
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Table 36a. Merchandise exports, state of origin New South Wales, by country and country groups, FOB value
Download xls [865.5 KB]
Table 36b. Merchandise exports, state of origin Victoria, by country and country groups, FOB value
Download xls [865 KB]
Table 36c. Merchandise exports, state of origin Queensland, by country and country groups, FOB value
Download xls [865 KB]
Table 36d. Merchandise exports, state of origin South Australia, by country and country groups, FOB value
Download xls [865.5 KB]
Table 36e. Merchandise exports, state of origin Western Australia, by country and country groups, FOB value
Download xls [865.5 KB]
Table 36f. Merchandise exports, state of origin Tasmania, by country and country groups, FOB value
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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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Download all (371.88 KB)

Data Cubes

Data files

Table 18. Balance of payments broad economic categories (detailed level), by country, latest 7 months, customs value, ($million)
Download xls [1.08 MB]
Table 19. Balance of payments broad economic categories (1 and 2 digit), by country, latest 7 months, customs value, ($million)
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Methodology

International Trade in Goods and Services, Australia methodology, May 2021

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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

Cessation of International Merchandise Trade, Preliminary, Australia

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

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

Previous catalogue number

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

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

Table 37i. Merchandise imports, state of destination not available, by country and country groups, customs value