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

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 services6 0038 1579 6811 524na
 Credits (Exports of goods & services)38 50239 79042 2332 4436
 Debits (Imports of goods & services)-32 499-31 633-32 5529193

na not applicable

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 services6 0038 1579 6811 524na
 Total goods and services credits38 50239 79042 2332 4436
  Total goods credits33 69535 03037 2482 2186
  Total services credits4 8074 7604 9852255
 Total goods and services debits-32 499-31 633-32 552919 3
  Total goods debits-28 480-27 485-28 212727 3
  Total services debits-4 019-4 148-4 340192 5

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

Goods and services credits (exports), seasonally adjusted

Goods credits

(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 credits33 69535 03037 2482 2186
 General merchandise31 52533 21735 3942 1777
  Rural goods4 1094 2434 4972546
  Non-rural goods27 41628 97430 8971 9237
 Net exports of goods under merchanting(a)503737--
 Non-monetary gold(a)2 1201 7761 817412

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

Rural goods

Non-rural goods

Services credits

(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 credits4 8074 7604 9852255
 Manufacturing services on physical inputs owned by others(a)222--
 Maintenance and repair services n.i.e.(a)555--
 Transport316330353237
  Passenger(b)2133522169
  Freight(c)202121--
  Other167165165--
  Postal and courier services(d)12713113211
 Travel1 8241 8842 0541709
 Other services2 6602 5392 571321
Memorandum item     
 Tourism related services credits(e)1 8261 8982 08919110

- 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

(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 2127273
 General merchandise debits-27 499-26 959-27 3273681
  Consumption goods-9 998-9 724-9 8241001
  Capital goods-6 846-6 502-6 7132113
  Intermediate and other merchandise goods-10 655-10 733-10 791581
 Non-monetary gold(b)- 981- 526- 88535968

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

Consumption goods

Capital goods

Intermediate and other merchandise goods

Services debits

(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 3401925
 Manufacturing services on physical inputs owned by others(b)-----
 Maintenance and repair services n.i.e.(b)- 37- 37- 43616
 Transport-1 262-1 273-1 292191
  Passenger(c)- 57- 68- 831522
  Freight-1 178-1 179-1 1823-
  Other(b)- 16- 15- 15--
  Postal and courier services(d)(e)- 11- 11- 11--
 Travel- 57- 127- 271144113
 Other services-2 663-2 712-2 734221
Memorandum item     
 Tourism related services debits(f)- 114- 195- 35415982

- 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

Value adjustments

Revisions

Previous catalogue number

This release previously used catalogue number 5368.0.
 

Data downloads

Time series spreadsheets

Data files
Data files
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