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International Trade in Goods

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

Reference period
May 2024
Released
4/07/2024

Key statistics

  • The seasonally adjusted balance on goods decreased $254m in May.
  • Goods credits (exports) rose $1,187m (2.8%) driven by Metal ores and minerals.
  • Goods debits (imports) rose $1,442m (3.9%) driven by Fuels and lubricants.

Trade overview

Key Figures, Seasonally Adjusted
 Mar 24 ($m)Apr 24 ($m)May 24 ($m)Apr 24 to May 24 ($m)Apr 24 to May 24 (%)
Balance on goods4,2546,0275,773-254na
 Credits (Exports of goods)43,76742,79243,9791,1872.8
 Debits (Imports of goods)-39,513-36,764-38,2061,4423.9

na not applicable

 

  1. Large month-to-month changes occurred during the COVID-19 pandemic, resulting in multiple trend breaks. The ABS recommends caution when using trend estimates published in spreadsheets for this period.

Goods credits

  1. Large month-to-month changes occurred during the COVID-19 pandemic, resulting in multiple trend breaks. The ABS recommends caution when using trend estimates published in spreadsheets for this period.
Goods credits, seasonally adjusted
 Mar 24 ($m)Apr 24 ($m)May 24 ($m)Apr 24 to May 24 ($m)Apr 24 to May 24 (%)
Total goods credits43,76742,79243,9791,1872.8
 General merchandise41,04939,82441,0301,2063.0
  Rural goods5,4695,2535,192-61-1.2
  Non-rural goods35,57934,57035,8381,2683.7
 Net exports of goods under merchanting(a)-8-10-10--
 Non-monetary gold(a)2,7262,9782,959-19-0.6

- nil or rounded to zero (including null cells) 
 

  1. This component is not seasonally adjusted.

Rural goods

Non-rural goods

Goods debits

  1. Large month-to-month changes occurred during the COVID-19 pandemic, resulting in multiple trend breaks. The ABS recommends caution when using trend estimates published in spreadsheets for this period.
Goods debits(a), seasonally adjusted
 Mar 24 ($m)Apr 24 ($m)May 24 ($m)Apr 24 to May 24 ($m)Apr 24 to May 24 (%)
Total goods debits-39,513-36,764-38,2061,4423.9
 General merchandise debits-38,903-36,139-37,4881,3493.7
  Consumption goods-12,480-11,823-12,1082852.4
  Capital goods-9,546-8,937-8,985480.5
  Intermediate and other merchandise goods-16,877-15,380-16,3951,0156.6
 Non-monetary gold(b)-610-625-7189314.9
  1. For sign conventions, see the methodology page.
  2. This component is not seasonally adjusted.

Consumption goods

Capital goods

Intermediate and other merchandise goods

Supplementary information

Selected commodities

Value adjustments

Revisions

Confidential Commodities List

Data downloads

Time series spreadsheets

Data files
Data files

Create your own tables and visualisations with Data Explorer

Caution: Data in Data Explorer is currently released after the 11:30am release on the ABS website. Please check the reference period when using Data Explorer.

Data explorer for the monthly trade in goods. Users might need to update links to the new version. 

For information on Data Explorer and how it works, see the Data Explorer user guide.

Previous catalogue number

This release previously used catalogue number 5368.0.

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