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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
November 2021
Released
11/01/2022

Key statistics

  • The seasonally adjusted balance on goods and services surplus decreased $1,358m to $9,423m in November.
  • Goods and services credits (exports) rose $691m (2%) to $43,859m driven by a rise in exports of Other rural.
  • Goods and services debits (imports) rose $2,049m (6%) to $34,436m driven by a rise in imports of Primary industrial supplies n.e.s..

Main features

Key Figures, Seasonally Adjusted
  Sep-21 ($m)Oct-21 ($m)Nov-21 ($m)Oct-21 to Nov-21 ($m)Oct-21 to Nov-21 (%)
Balance on goods and services11,55210,7819,423- 1,358na
 Credits (Exports of goods & services)44,53643,16843,8596912
 Debits (Imports of goods & services)- 32,985- 32,387- 34,4362,0496

na not applicable

COVID-19

Balance on goods and services

In seasonally adjusted terms, the balance on goods and services was a surplus of $9,423m in November 2021, a decrease of $1,358m on the surplus in October 2021. 

Balance on goods and services(a), seasonally adjusted
   Sep-21 ($m)Oct-21 ($m)Nov-21 ($m)Oct-21 to Nov-21 ($m)Oct-21 to Nov-21 (%)
Balance on goods and services11,55210,7819,423- 1,358na
 Total goods and services credits44,53643,16843,8596912
  Total goods credits39,49138,46239,0445822
  Total services credits5,0454,7074,8151082
 Total goods and services debits- 32,985- 32,387- 34,4362,0496
  Total goods debits- 28,289- 27,758- 29,4971,7396
  Total services debits- 4,696- 4,630- 4,9393097

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
 Sep-21 ($m)Oct-21 ($m)Nov-21 ($m)Oct-21 to Nov-21 ($m)Oct-21 to Nov-21 (%)
Total goods credits39,49138,46239,0445822
 General merchandise38,03036,13337,0409073
  Rural goods4,9285,0835,74366013
  Non-rural goods33,10231,04931,2972481
 Net exports of goods under merchanting(a)233232--
 Non-monetary gold(a)1,4382,2971,972- 325- 14

- 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
 Sep-21 ($m)Oct-21 ($m)Nov-21 ($m)Oct-21 to Nov-21 ($m)Oct-21 to Nov-21 (%)
Total services credits5,0454,7074,8151082
 Manufacturing services on physical inputs owned by others(a)333--
 Maintenance and repair services n.i.e.(a)444--
 Transport295309319103
  Passenger(b)(c)1111101,000
  Freight(d)232424--
  Other157162162--
  Postal and courier services(e)114122122--
 Travel(c)1,8431,5961,664684
 Other services2,9002,7952,824291
Memorandum item     
 Tourism related services credits(f)1,8441,5971,675785

- 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) This component has been seasonally adjusted using the forward factor method since March 2020 due to the impacts of COVID-19. 
(d) In using these seasonally adjusted series, care should be exercised because of the difficulties associated with reliably estimating the seasonal pattern. 
(e) Postal and courier services includes indirect commissions for sea transport. 
(f) 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 (a), seasonally adjusted
 Sep-21 ($m)Oct-21 ($m)Nov-21 ($m)Oct-21 to Nov-21 ($m)Oct-21 to Nov-21 (%)
Total goods debits- 28,289- 27,758- 29,4971,7396
 General merchandise debits- 27,890- 27,396- 29,0231,6276
  Consumption goods- 8,827- 8,672- 8,9562843
  Capital goods- 7,216- 6,641- 7,0894487
  Intermediate and other merchandise goods- 11,846- 12,083- 12,9788957
 Non-monetary gold(b)- 399- 362- 47411231

(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
 Sep-21 ($m)Oct-21 ($m)Nov-21 ($m)Oct-21 to Nov-21 ($m)Oct-21 to Nov-21 (%)
Total services debits- 4,696- 4,630- 4,9393097
 Manufacturing services on physical inputs owned by others(b)-----
 Maintenance and repair services n.i.e.(b)- 38- 46- 55920
 Transport- 1,662- 1,719- 1,99127216
  Passenger(c)(b)- 64- 73- 1194663
  Freight- 1,575- 1,617- 1,84222514
  Other(b)- 13- 19- 19--
  Postal and courier services(e)(f)- 10- 11- 11--
 Travel(d)- 74- 82- 1254352
 Other services- 2,923- 2,782- 2,767- 15- 1
Memorandum item     
 Tourism related services debits(g)- 137- 155- 2448957

- 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) This component has been seasonally adjusted using the forward factor method since March 2020 due to the impacts of COVID-19.
(e) Postal and courier services includes indirect commissions for sea transport. 
(f) In using these seasonally adjusted series, care should be exercised because of the difficulties associated with reliably estimating the seasonal pattern. 
(g) 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

We will be progressively transitioning to releasing Excel files in .XLSX format from 3rd December 2021.

Time series spreadsheets

Data files
Data files
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