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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
February 2021
Released
1/04/2021

Key statistics

  • The seasonally adjusted balance on goods and services surplus decreased $2,087m to $7,529m in February. 
  • Goods and services credits (exports) fell $526m (1%) to $38,926m.
  • Goods and services debits (imports) rose $1,563m (5%) to $31,398m.

Main features

Key figures, seasonally adjusted
  Dec-20 ($m)Jan-21 ($m)Feb-21 ($m)Jan-21 to Feb-21 ($m)Jan-21 to Feb-21 (%)
Balance on goods and services7 5779 6167 529-2 087na
 Credits (Exports of goods & services)38 01739 45238 926- 526- 1
 Debits (Imports of goods & services)-30 440-29 835-31 3981 5635

na not applicable

COVID-19

Balance on goods and services

In seasonally adjusted terms, the balance on goods and services was a surplus of $7,529m in February 2021, a decrease of $2,087m on the surplus in January 2021.

Balance on goods and services(a), seasonally adjusted
   Dec-20 ($m)Jan-21 ($m)Feb-21 ($m)Jan-21 to Feb-21 ($m)Jan-21 to Feb-21 (%)
Balance on goods and services7 5779 6167 529-2 087na
 Total goods and services credits38 01739 45238 926- 526- 1
  Total goods credits32 64334 29033 906- 384- 1
  Total services credits5 3745 1625 021- 141- 3
 Total goods and services debits-30 440-29 835-31 3981 5635
  Total goods debits-26 359-25 836-27 2471 411 5
  Total services debits-4 081-3 999-4 1501514

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
 Dec-20 ($m)Jan-21 ($m)Feb-21 ($m)Jan-21 to Feb-21 ($m)Jan-21 to Feb-21 (%)
Total goods credits32 64334 29033 906- 384- 1
 General merchandise29 76931 56331 007- 556- 2
  Rural goods4 0663 9654 2262617
  Non-rural goods25 70327 59726 780- 817- 3
 Net exports of goods under merchanting(a)777171--
 Non-monetary gold(a)2 7972 6562 8281726

- 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
 Dec-20 ($m)Jan-21 ($m)Feb-21 ($m)Jan-21 to Feb-21 ($m)Jan-21 to Feb-21 (%)
Total services credits5 3745 1625 021- 141- 3
 Manufacturing services on physical inputs owned by others(a)-22--
 Maintenance and repair services n.i.e.(a)255--
 Transport30630931231
  Passenger(b)1121100
  Freight(c)192020--
  Other16216216421
  Postal and courier services(d)124126126--
 Travel2 5212 3262 145- 181- 8
 Other services2 5452 5212 557361
Memorandum item     
 Tourism related services credits(e)2 5222 3272 146- 181- 8

-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
 Dec-20 ($m)Jan-21 ($m)Feb-21 ($m)Jan-21 to Feb-21 ($m)Jan-21 to Feb-21 (%)
Total goods debits-26 359-25 836-27 2471 4115
 General merchandise debits-25 779-25 391-26 7951 4046
  Consumption goods-9 842-9 620-9 8752553
  Capital goods-6 602-6 517-6 469- 48- 1
  Intermediate and other merchandise goods-9 335-9 254-10 4521 19813
 Non-monetary gold(b)- 580- 445- 45272

(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
 Dec-20 ($m)Jan-21 ($m)Feb-21 ($m)Jan-21 to Feb-21 ($m)Jan-21 to Feb-21 (%)
Total services debits-4 081-3 999-4 1501514
 Manufacturing services on physical inputs owned by others(b)-----
 Maintenance and repair services n.i.e.(b)- 35- 57- 29- 28- 49
 Transport-1 185-1 126-1 27715113
  Passenger(c)- 62- 52- 621019
  Freight-1 092-1 057-1 19814113
  Other(b)- 10- 8- 8--
  Postal and courier services(d)(e)- 20- 9- 9--
 Travel- 55- 45- 52716
 Other services-2 806-2 771-2 793221
Memorandum item     
 Tourism related services debits(f)- 117- 97- 1131616

- 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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