International Trade in Goods, March 2024

Trade overview

Key Figures, Seasonally Adjusted

Key Figures, Seasonally Adjusted
		Jan 24 ($m)	Feb 24 ($m)	Mar 24 ($m)	Feb 24 to Mar 24 ($m)	Feb 24 to Mar 24 (%)
Balance on goods		9,688	6,591	5,024	-1,567	na
	Credits (Exports of goods)	46,328	44,860	44,911	51	0.1
	Debits (Imports of goods)	-36,639	-38,269	-39,887	1,618	4.2

na not applicable

Balance on goods

Balance on goods
	Seasonally Adjusted ($m)	Trend (a) ($m)
Mar-20	9,296	-
Apr-20	6,686	-
May-20	5,092	-
Jun-20	5,237	-
Jul-20	3,329	-
Aug-20	1,834	-
Sep-20	4,132	-
Oct-20	4,679	-
Nov-20	3,133	-
Dec-20	6,575	-
Jan-21	7,788	-
Feb-21	7,350	-
Mar-21	6,436	-
Apr-21	8,365	-
May-21	9,461	-
Jun-21	10,337	-
Jul-21	13,923	-
Aug-21	12,418	-
Sep-21	10,093	-
Oct-21	9,692	-
Nov-21	9,229	-
Dec-21	7,790	-
Jan-22	13,442	-
Feb-22	8,509	-
Mar-22	10,798	-
Apr-22	13,963	13,600
May-22	14,894	14,365
Jun-22	19,808	14,697
Jul-22	11,535	14,514
Aug-22	12,038	14,237
Sep-22	14,986	13,860
Oct-22	14,132	13,679
Nov-22	13,808	13,732
Dec-22	12,935	13,825
Jan-23	11,353	13,750
Feb-23	14,343	13,349
Mar-23	15,157	12,753
Apr-23	9,663	11,941
May-23	10,467	10,870
Jun-23	10,173	9,728
Jul-23	7,654	8,812
Aug-23	9,832	8,372
Sep-23	5,809	8,394
Oct-23	7,669	8,694
Nov-23	11,491	8,959
Dec-23	9,864	9,046
Jan-24	9,688	8,884
Feb-24	6,591	8,541
Mar-24	5,024	8,265

Balance on goods

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

[["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","Sep-22","Oct-22","Nov-22","Dec-22","Jan-23","Feb-23","Mar-23","Apr-23","May-23","Jun-23","Jul-23","Aug-23","Sep-23","Oct-23","Nov-23","Dec-23","Jan-24","Feb-24","Mar-24"],[[9296],[6686],[5092],[5237],[3329],[1834],[4132],[4679],[3133],[6575],[7788],[7350],[6436],[8365],[9461],[10337],[13923],[12418],[10093],[9692],[9229],[7790],[13442],[8509],[10798],[13963],[14894],[19808],[11535],[12038],[14986],[14132],[13808],[12935],[11353],[14343],[15157],[9663],[10467],[10173],[7654],[9832],[5809],[7669],[11491],[9864],[9688],[6591],[5024]],[[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],[13600],[14365],[14697],[14514],[14237],[13860],[13679],[13732],[13825],[13750],[13349],[12753],[11941],[10870],[9728],[8812],[8372],[8394],[8694],[8959],[9046],[8884],[8541],[8265]]]

[]

[{"value":"0","axis_id":"0","axis_title":"","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":"12","precision":"-1","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":"0","axis_max":"18000","tick_interval":null,"precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false},{"value":"1","axis_id":"1","axis_title":"","axis_units":"","tooltip_units":"","table_units":"","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

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

Goods credits (exports), seasonally adjusted

Goods credits (exports), seasonally adjusted
	Seasonally Adjusted ($m)	Trend (a) ($m)
Mar-20	34,326	-
Apr-20	31,956	-
May-20	29,146	-
Jun-20	29,403	-
Jul-20	29,202	-
Aug-20	27,835	-
Sep-20	28,458	-
Oct-20	29,778	-
Nov-20	30,671	-
Dec-20	33,266	-
Jan-21	34,088	-
Feb-21	34,848	-
Mar-21	34,732	-
Apr-21	35,926	-
May-21	37,641	-
Jun-21	38,792	-
Jul-21	42,546	-
Aug-21	41,401	-
Sep-21	38,277	-
Oct-21	37,740	-
Nov-21	40,103	-
Dec-21	41,041	-
Jan-22	45,081	-
Feb-22	45,302	-
Mar-22	45,500	-
Apr-22	48,483	48,804
May-22	51,960	50,190
Jun-22	55,797	51,152
Jul-22	48,758	51,584
Aug-22	50,172	51,587
Sep-22	52,958	51,261
Oct-22	51,435	50,902
Nov-22	50,323	50,621
Dec-22	49,773	50,323
Jan-23	50,029	49,858
Feb-23	48,583	49,167
Mar-23	50,671	48,386
Apr-23	45,555	47,512
May-23	47,508	46,576
Jun-23	45,158	45,763
Jul-23	44,078	45,232
Aug-23	45,953	45,070
Sep-23	44,811	45,201
Oct-23	45,343	45,451
Nov-23	46,095	45,619
Dec-23	45,866	45,659
Jan-24	46,328	45,575
Feb-24	44,860	45,416
Mar-24	44,911	45,301

Goods credits (exports), seasonally adjusted

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

[["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","Sep-22","Oct-22","Nov-22","Dec-22","Jan-23","Feb-23","Mar-23","Apr-23","May-23","Jun-23","Jul-23","Aug-23","Sep-23","Oct-23","Nov-23","Dec-23","Jan-24","Feb-24","Mar-24"],[[34326],[31956],[29146],[29403],[29202],[27835],[28458],[29778],[30671],[33266],[34088],[34848],[34732],[35926],[37641],[38792],[42546],[41401],[38277],[37740],[40103],[41041],[45081],[45302],[45500],[48483],[51960],[55797],[48758],[50172],[52958],[51435],[50323],[49773],[50029],[48583],[50671],[45555],[47508],[45158],[44078],[45953],[44811],[45343],[46095],[45866],[46328],[44860],[44911]],[[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],[48804],[50190],[51152],[51584],[51587],[51261],[50902],[50621],[50323],[49858],[49167],[48386],[47512],[46576],[45763],[45232],[45070],[45201],[45451],[45619],[45659],[45575],[45416],[45301]]]

[]

[{"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}]

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

Goods credits, seasonally adjusted
			Jan 24 ($m)	Feb 24 ($m)	Mar 24 ($m)	Feb 24 to Mar 24 ($m)	Feb 24 to Mar 24 (%)
Total goods credits			46,328	44,860	44,911	51	0.1
	General merchandise		42,866	42,154	42,169	15	0.0
		Rural goods	5,910	5,541	5,695	154	2.8
		Non-rural goods	36,956	36,613	36,474	-139	-0.4
	Net exports of goods under merchanting(a)		13	13	15	2	15.4
	Non-monetary gold(a)		3,449	2,693	2,727	34	1.3

This component is not seasonally adjusted.

Rural goods

Rural goods, seasonally adjusted
	Jan 24 ($m)	Feb 24 ($m)	Mar 24 ($m)	Feb 24 to Mar 24 ($m)	Feb 24 to Mar 24 (%)
Rural goods	5,910	5,541	5,695	154	2.8
	Meat and meat preparations	1,778	1,636	1,739	103	6.3
	Cereal grains and cereal preparations	1,592	1,267	1,331	64	5.1
	Wool and sheepskins	265	251	241	-10	-4.0
	Other rural(a)	2,275	2,386	2,384	-2	-0.1

Non-rural goods

Non-rural goods, seasonally adjusted
	Jan 24 ($m)	Feb 24 ($m)	Mar 24 ($m)	Feb 24 to Mar 24 ($m)	Feb 24 to Mar 24 (%)
Non-rural goods	36,956	36,613	36,474	-139	-0.4
	Metal ores and minerals	15,774	14,390	14,306	-84	-0.6
	Coal, coke and briquettes	7,782	8,380	7,748	-632	-7.5
	Other mineral fuels	7,111	7,416	7,837	421	5.7
	Metals (excl. non-monetary gold)	1,210	1,252	1,362	110	8.8
	Machinery	1,144	1,156	1,256	100	8.7
	Transport equipment	417	463	502	39	8.4
	Other manufactures	2,187	2,191	2,158	-33	-1.5
	Other non-rural (incl. sugar and beverages)(a)	1,031	1,045	963	-82	-7.8
	Goods procured in ports by carriers(b)	299	319	340	21	6.6

Goods debits

Goods debits (imports), seasonally adjusted

Goods debits (imports), seasonally adjusted
	Seasonally Adjusted ($m)	Trend (a) ($m)
Mar-20	25,030	-
Apr-20	25,270	-
May-20	24,054	-
Jun-20	24,166	-
Jul-20	25,874	-
Aug-20	26,001	-
Sep-20	24,326	-
Oct-20	25,099	-
Nov-20	27,538	-
Dec-20	26,691	-
Jan-21	26,300	-
Feb-21	27,498	-
Mar-21	28,297	-
Apr-21	27,560	-
May-21	28,179	-
Jun-21	28,455	-
Jul-21	28,623	-
Aug-21	28,983	-
Sep-21	28,184	-
Oct-21	28,048	-
Nov-21	30,874	-
Dec-21	33,251	-
Jan-22	31,638	-
Feb-22	36,793	-
Mar-22	34,702	-
Apr-22	34,520	35,203
May-22	37,066	35,825
Jun-22	35,989	36,455
Jul-22	37,223	37,071
Aug-22	38,134	37,350
Sep-22	37,973	37,401
Oct-22	37,303	37,223
Nov-22	36,515	36,889
Dec-22	36,838	36,498
Jan-23	38,675	36,109
Feb-23	34,241	35,818
Mar-23	35,514	35,632
Apr-23	35,892	35,571
May-23	37,041	35,706
Jun-23	34,985	36,035
Jul-23	36,425	36,420
Aug-23	36,121	36,698
Sep-23	39,002	36,806
Oct-23	37,674	36,758
Nov-23	34,605	36,660
Dec-23	36,002	36,613
Jan-24	36,639	36,691
Feb-24	38,269	36,876
Mar-24	39,887	37,037

Goods debits (imports), seasonally adjusted

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

[["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","Sep-22","Oct-22","Nov-22","Dec-22","Jan-23","Feb-23","Mar-23","Apr-23","May-23","Jun-23","Jul-23","Aug-23","Sep-23","Oct-23","Nov-23","Dec-23","Jan-24","Feb-24","Mar-24"],[[25030],[25270],[24054],[24166],[25874],[26001],[24326],[25099],[27538],[26691],[26300],[27498],[28297],[27560],[28179],[28455],[28623],[28983],[28184],[28048],[30874],[33251],[31638],[36793],[34702],[34520],[37066],[35989],[37223],[38134],[37973],[37303],[36515],[36838],[38675],[34241],[35514],[35892],[37041],[34985],[36425],[36121],[39002],[37674],[34605],[36002],[36639],[38269],[39887]],[[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],[35203],[35825],[36455],[37071],[37350],[37401],[37223],[36889],[36498],[36109],[35818],[35632],[35571],[35706],[36035],[36420],[36698],[36806],[36758],[36660],[36613],[36691],[36876],[37037]]]

[]

[{"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":"23000","axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

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

Goods debits(a), seasonally adjusted
			Jan 24 ($m)	Feb 24 ($m)	Mar 24 ($m)	Feb 24 to Mar 24 ($m)	Feb 24 to Mar 24 (%)
Total goods debits			-36,639	-38,269	-39,887	1,618	4.2
	General merchandise debits		-35,825	-37,396	-39,277	1,881	5.0
		Consumption goods	-11,749	-11,979	-12,465	486	4.1
		Capital goods	-9,226	-9,065	-9,794	729	8.0
		Intermediate and other merchandise goods	-14,851	-16,352	-17,018	666	4.1
	Non-monetary gold(b)		-814	-873	-610	-263	-30.1

For sign conventions, see the methodology page.
This component is not seasonally adjusted.

Consumption goods

Consumption goods(a), seasonally adjusted
	Jan 24 ($m)	Feb 24 ($m)	Mar 24 ($m)	Feb 24 to Mar 24 ($m)	Feb 24 to Mar 24 (%)
Consumption goods	-11,749	-11,979	-12,465	486	4.1
	Food and beverages, mainly for consumption	-1,573	-1,664	-1,899	235	14.1
	Household electrical items	-578	-721	-588	-133	-18.4
	Non-industrial transport equipment	-3,703	-3,310	-3,272	-38	-1.1
	Textiles, clothing and footwear	-1,883	-1,935	-2,142	207	10.7
	Toys, books and leisure goods	-648	-698	-690	-8	-1.1
	Consumption goods n.e.s.	-3,363	-3,651	-3,874	223	6.1

Capital goods

Capital goods(a), seasonally adjusted
	Jan 24 ($m)	Feb 24 ($m)	Mar 24 ($m)	Feb 24 to Mar 24 ($m)	Feb 24 to Mar 24 (%)
Capital goods	-9,226	-9,065	-9,794	729	8.0
	Machinery and industrial equipment	-3,017	-3,202	-3,236	34	1.1
	ADP equipment	-1,029	-1,064	-1,406	342	32.1
	Telecommunications equipment	-1,478	-1,364	-1,345	-19	-1.4
	Civil aircraft and confidentialised items(b)(c)	-297	-192	-319	127	66.1
	Industrial transport equipment n.e.s.	-1,908	-1,779	-1,982	203	11.4
	Capital goods n.e.s.(d)	-1,497	-1,464	-1,504	40	2.7

Intermediate and other merchandise goods

Intermediate and other merchandise goods(a), seasonally adjusted
	Jan 24 ($m)	Feb 24 ($m)	Mar 24 ($m)	Feb 24 to Mar 24 ($m)	Feb 24 to Mar 24 (%)
Intermediate and other merchandise goods	-14,851	-16,352	-17,018	666	4.1
	Food and beverages, mainly for industry	-222	-254	-226	-28	-11.0
	Primary industrial supplies n.e.s.(b)	-147	-239	-188	-51	-21.3
	Fuels and lubricants(c)	-4,842	-5,107	-5,374	267	5.2
	Parts for transport equipment	-1,577	-1,729	-1,766	37	2.1
	Parts for ADP equipment	-77	-79	-81	2	2.5
	Other parts for capital goods	-2,059	-2,126	-2,180	54	2.5
	Organic and inorganic chemicals	-419	-410	-439	29	7.1
	Paper and paperboard	-229	-254	-260	6	2.4
	Textile yarn and fabrics	-140	-145	-157	12	8.3
	Iron and steel	-425	-571	-556	-15	-2.6
	Plastics	-439	-511	-459	-52	-10.2
	Processed industrial supplies n.e.s.	-4,031	-4,689	-5,028	339	7.2
	Other merchandise goods(d)	-49	-41	-104	63	153.7
	Goods procured in ports by carriers(e)	-196	-196	-199	3	1.5

Supplementary information

Selected commodities

Selected commodities, quantities (a)

Selected commodities, quantities (a)
	Oct 23 (%)	Nov 23 (%)	Dec 23 (%)	Jan 24 (%)	Feb 24 (%)	Mar 24 (%)
Iron ore - Lump	0.5	-4.1	8.3	-6.8	-18.7	28.2
Iron ore - Fines	4.8	-4.9	11.1	-14.0	-10.3	26.3
Coal - Hard coking	0.5	16.7	2.1	-12.3	11.0	-6.1
Coal - Semi-soft	27.0	-9.5	9.6	-18.3	-1.1	5.9
Coal - Thermal	5.9	0.8	6.5	-13.5	-6.0	5.0
Gas - LNG	3.1	-2.1	14.3	-5.5	2.4	4.1

Data in this table is on a revised international merchandise trade basis.

Selected commodities, unit values (a)

Selected commodities, unit values (a)
	Oct 23 (%)	Nov 23 (%)	Dec 23 (%)	Jan 24 (%)	Feb 24 (%)	Mar 24 (%)
Iron ore - Lump	3.8	4.1	-1.8	4.7	-4.9	-13.4
Iron ore - Fines	4.7	4.7	-0.4	5.9	-3.1	-13.2
Coal - Hard coking	9.9	9.0	-5.8	2.7	1.1	-18.4
Coal - Semi-soft	6.1	-4.4	-1.0	-1.6	6.2	-2.7
Coal - Thermal	-4.8	2.4	-0.9	0.6	-5.4	3.1
Gas - LNG	0.3	2.1	-2.9	2.4	0.1	-6.0

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 February 2024 and March 2024 the largest movements recorded for the following selected commodities were:

Iron ore (lump), movement by country, Feb 24 to Mar 24

Iron ore (lump), movement by country, Feb 24 to Mar 24
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Iron ore (lump) - Total movement	297	11.0	28.2	-13.4
China (excludes SARs and Taiwan)	267	12.3	29.7	-13.5
Korea, Republic of (South)	97	126.2	133.6	-3.2
Taiwan	7	6.2	31.7	-19.4
Vietnam	-32	-100.0	-100.0	-
Japan	-47	-17.2	-2.9	-14.8

- nil or rounded to zero (including null cells)

Iron ore (fines), movement by country, Feb 24 to Mar 24

Iron ore (fines), movement by country, Feb 24 to Mar 24
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Iron ore (fines) - Total movement	741	9.6	26.3	-13.2
China (excludes SARs and Taiwan)	680	10.1	27.5	-13.6
Indonesia	46	73.4	76.0	-1.5
Japan	35	10.6	24.8	-11.3
Korea, Republic of (South)	29	7.5	18.4	-9.2
Vietnam	-77	-61.6	-55.3	-14.0

Hard coking (high rank) coal, movement by country, Feb 24 to Mar 24

Hard coking (high rank) coal, movement by country, Feb 24 to Mar 24
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
High rank coal - Total movement	-861	-23.3	-6.1	-18.4
India	-360	-30.3	-14.6	-18.4
Indonesia	-127	-73.5	-62.2	-30.0
Korea, Republic of (South)	-89	-21.6	-11.1	-11.8
Japan	-88	-12.8	-2.3	-10.8
Taiwan	-86	-39.3	-31.2	-11.8

Semi soft coal, movement by country, Feb 24 to Mar 24

Semi soft coal, movement by country, Feb 24 to Mar 24
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Semi soft coal - Total movement	39	3.1	5.9	-2.7
Japan	217	51.4	66.4	-9.0
Netherlands	72	213.5	220.9	-2.3
Germany	-34	-100.0	-100.0	-
Brazil	-60	-66.8	-66.8	-
India	-121	-42.7	-35.0	-11.9

- nil or rounded to zero (including null cells)

Thermal coal, movement by country, Feb 24 to Mar 24

Thermal coal, movement by country, Feb 24 to Mar 24
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Thermal coal - Total movement	230	8.3	5.0	3.1
Taiwan	284	131.6	100.4	15.6
China (excludes SARs and Taiwan)	141	18.6	21.8	-2.6
Korea, Republic of (South)	79	106.7	71.0	20.9
India	-31	-48.7	-23.4	-33.1
Japan	-183	-13.7	-20.8	9.0

Liquid Natural Gas, total movement, Feb 24 to Mar 24

Liquid Natural Gas, total movement, Feb 24 to Mar 24
	Value ($m)	Value (%)	Quantity (%)	Unit Value (%)
Liquid Natural Gas (LNG) - Total movement	-135	-2.1	4.1	-6.0

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

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 final transaction information becomes available the adjusted 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.

Goods credits on an international merchandise trade basis

On a merchandise trade basis, adjustments have been applied to iron ore lumps and iron ore fines. When final transaction information becomes available, the adjusted estimates are replaced with these data. For price and volume details, see the Selected commodities section.

Goods credits on a balance of payments basis

Coal (in original terms)

In the international merchandise trade series, the unit value of coal, coke and briquettes rose 2.2% between January 2024 and February 2024 and fell 9.2% between February 2024 and March 2024.

Coal, coke and briquettes adjustment, BoP Basis

Coal, coke and briquettes adjustment, BoP Basis
	Sep 23($m)	Oct 23($m)	Nov 23($m)	Dec 23($m)	Jan 24($m)	Feb 24($m)	Mar 24($m)
Coal, coke and briquettes	250	0	40	15	20	85	620

In the balance of payments series, the unit value of coal, coke and briquettes rose 3.1% between January 2024 and February 2024 and fell 2.4% between February 2024 and March 2024.

Revisions

Confidential Commodities List

To better align with other International Trade in Goods publication downloads, changes have been made to the format of the Confidential Commodities list (Table 92).

Data downloads

Download all (10.36 MB)

Time series spreadsheets

Data files

Table 1. Goods, summary - seasonally adjusted and trend estimates, current prices
Download xlsx [164.23 KB]
Table 2. Goods, summary - original, current prices
Download xlsx [108.34 KB]
Table 3. Goods credits, original, current prices
Download xlsx [127.36 KB]
Table 4. Goods debits, original, current prices
Download xlsx [261 KB]
Table 5. Goods credits, seasonally adjusted, current prices
Download xlsx [121.32 KB]
Table 6. Goods debits, seasonally adjusted, current prices
Download xlsx [260.46 KB]

Table 7. Goods credits, trend estimates, current prices
Download xlsx [122.79 KB]
Table 8. Goods debits, trend estimates, current prices
Download xlsx [261.54 KB]
Table 12a. Merchandise exports, standard international trade classification (1 and 2 digit), FOB value
Download xlsx [228.88 KB]
Table 12b. Merchandise exports, standard international trade classification (3 digit), FOB value
Download xlsx [593.76 KB]
Table 13a. Merchandise imports, standard international trade classification (1 and 2 digit), customs value
Download xlsx [229.97 KB]
Table 13b. Merchandise imports, standard international trade classification (3 digit), customs value
Download xlsx [611.07 KB]
Table 14a. Merchandise exports, by country, FOB value
Download xlsx [510.69 KB]
Table 14b. Merchandise imports, by country, customs value
Download xlsx [499.65 KB]
Table 15a. Merchandise exports, state and Australia, FOB value
Download xlsx [79.34 KB]
Table 15b. Merchandise imports, state and Australia, customs value
Download xlsx [76.07 KB]
Table 17. Summary of revisions, goods
Download xlsx [73.76 KB]
Table 31. Merchandise exports, broad economic category, FOB value
Download xlsx [100.2 KB]
Table 32a. Merchandise exports, industry (ANZSIC 2006), FOB value
Download xlsx [82.75 KB]
Table 33. Merchandise imports, broad economic category, customs value
Download xlsx [100.48 KB]
Table 34. Merchandise imports, balance of payments broad economic category, customs value
Download xlsx [277.34 KB]
Table 35a. Merchandise imports, industry (ANZSIC 2006), customs value
Download xlsx [83.65 KB]
Table 36a. Merchandise exports, state of origin New South Wales, by country, FOB value
Download xlsx [460.09 KB]
Table 36b. Merchandise exports, state of origin Victoria, by country, FOB value
Download xlsx [463.63 KB]
Table 36c. Merchandise exports, state of origin Queensland, by country, FOB value
Download xlsx [454.36 KB]
Table 36d. Merchandise exports, state of origin South Australia, by country, FOB value
Download xlsx [436.18 KB]
Table 36e. Merchandise exports, state of origin Western Australia, by country, FOB value
Download xlsx [457.93 KB]
Table 36f. Merchandise exports, state of origin Tasmania, by country, FOB value
Download xlsx [402.91 KB]
Table 36g. Merchandise exports, state of origin Northern Territory, by country, FOB value
Download xlsx [390.92 KB]
Table 36h. Merchandise exports, state of origin Australian Capital Territory, by country, FOB value
Download xlsx [358.93 KB]
Table 36i. Merchandise exports, state of origin not available, by country, FOB value
Download xlsx [360.95 KB]
Table 36j. Merchandise exports, re-exports, by country, FOB value
Download xlsx [427.91 KB]
Table 37a. Merchandise imports, state of destination New South Wales, by country, customs value
Download xlsx [474.33 KB]
Table 37b. Merchandise imports, state of destination Victoria, by country, customs value
Download xlsx [468.96 KB]
Table 37c. Merchandise imports, state of destination Queensland, by country, customs value
Download xlsx [449.01 KB]
Table 37d. Merchandise imports, state of destination South Australia, by country, customs value
Download xlsx [424.5 KB]
Table 37e. Merchandise imports, state of destination Western Australia, by country, customs value
Download xlsx [441.91 KB]
Table 37f. Merchandise imports, state of destination Tasmania, by country, customs value
Download xlsx [389.16 KB]
Table 37g. Merchandise imports, state of destination Northern Territory, by country, customs value
Download xlsx [385.59 KB]
Table 37h. Merchandise imports, state of destination Australian Capital Territory, by country, customs value
Download xlsx [358.41 KB]
Table 37i. Merchandise imports, state of destination not available, by country, customs value
Download xlsx [359.09 KB]
Table 91. Monthly combined seasonal adjustment factors
Download xlsx [245.54 KB]
Table 92. Confidential commodities list
Download xlsx [374.5 KB]

Download all (398.48 KB)

Data Cubes

Data files

Table 18. Balance of payments broad economic categories (detailed level), by country, latest 7 months, customs value, ($million)
Download xlsx [261.15 KB]
Table 19. Balance of payments broad economic categories (1 and 2 digit), by country, latest 7 months, customs value, ($million)
Download xlsx [161.41 KB]

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.

Seasonal adjustment for leap years

The extra leap year day in 2024 is unlikely to impact seasonally adjusted statistics released by the Australian Bureau of Statistics (ABS) for the month of February 2024 and the March quarter 2024. This is because the effect of an additional leap year day is analysed and accounted for as part of the seasonal adjustment process, which includes the impact of trading days. The impact of the extra leap year day will be evident in the original (non-seasonally adjusted) series. For more information please refer to this note.

Previous catalogue number

This release previously used catalogue number 5368.0.

Post release changes

02/05/2024

A figure on the 'Trade overview' table was updated due to formatting issues.

APA

International Trade in Goods

APA

Key statistics

Trade overview

Key Figures, Seasonally Adjusted

Balance on goods

Balance on goods

Goods credits

Goods credits (exports), seasonally adjusted

Goods credits (exports), seasonally adjusted

Goods credits, seasonally adjusted

Rural goods

Non-rural goods

Goods debits

Goods debits (imports), seasonally adjusted

Goods debits (imports), seasonally adjusted

Goods debits(a), 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

Table 1. Goods, summary - seasonally adjusted and trend estimates, current prices

Table 2. Goods, 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

Data Cubes

Table 18. Balance of payments broad economic categories (detailed level), by country, latest 7 months, customs value, ($million)

Table 19. Balance of payments broad economic categories (1 and 2 digit), by country, latest 7 months, customs value, ($million)

Create your own tables and visualisations with Data Explorer

Seasonal adjustment for leap years

Previous catalogue number

Post release changes

Methodology

Do you need more detailed statistics?

Request data

Microdata and TableBuilder