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5368.0 - International Trade in Goods and Services, Australia, May 2015 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 02/07/2015 Released Today  
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MAY KEY FIGURES

Mar 2015
Apr 2015
May 2015
Apr 15 to May 15
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
-1 921
-2 293
-2 611
-14
Seasonally adjusted
-1 537
-4 136
-2 751
33
CREDITS (Exports of goods & services)
Trend estimates
26 596
26 215
25 848
-1
Seasonally adjusted
26 955
25 322
25 528
1
DEBITS (Imports of goods & services)
Trend estimates
28 517
28 508
28 459
-
Seasonally adjusted
28 491
29 458
28 279
-4

- nil or rounded to zero (including null cells)

Balance on Goods and Services
Graph: This graph shows the Balance on Goods and Services for the Trend and Seasonally adjusted series



MAY KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a deficit of $2,611m in May 2015, an increase of $318m (14%) on the deficit in April 2015.
  • In seasonally adjusted terms, the balance on goods and services was a deficit of $2,751m in May 2015, a decrease of $1,385m (33%) on the deficit in April 2015.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits rose $206m (1%) to $25,528m. Non-rural goods rose $313m (2%) and rural goods rose $164m (4%). Non-monetary gold fell $286m (26%). Net exports of goods under merchanting remained steady at $32m. Services credits rose $16m.


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits fell $1,179m (4%) to $28,279m. Capital goods fell $1,065m (18%), intermediate and other merchandise goods fell $113m (1%) and consumption goods fell $28m. Non-monetary gold rose $89m (31%). Services debits fell $61m (1%).


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
June 2015 4 August 2015
July 2015 3 September 2015
August 2015 6 October 2015
September 2015 4 November 2015
October 2015 3 December 2015
November 2015 7 January 2016



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INQUIRIES

For further information contact Balance of Payments on Canberra (02) 62525540 for Goods, and International Trade in Services on Hobart (03) 6222 5926 for Services.


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Commonwealth of Australia 2015

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