5368.0 - International Trade in Goods and Services, Australia, Oct 2018 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 06/12/2018   
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OCTOBER KEY FIGURES

Aug 2018
Sep 2018
Oct 2018
Sep 18 to Oct 18
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
2 296
2 527
2 709
7
Seasonally adjusted
2 298
2 940
2 316
-21
CREDITS (Exports of goods & services)
Trend estimates
37 242
37 625
37 950
1
Seasonally adjusted
37 232
37 552
38 045
1
DEBITS (Imports of goods & services)
Trend estimates
34 946
35 098
35 242
-
Seasonally adjusted
34 934
34 613
35 729
3

- 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



OCTOBER KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a surplus of $2,709m in October 2018, an increase of $182m on the surplus in September 2018.
  • In seasonally adjusted terms, the balance on goods and services was a surplus of $2,316m in October 2018, a decrease of $624m on the surplus in September 2018.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits rose $493m (1%) to $38,045m. Non-rural goods rose $1,019m (4%) and net exports of goods under merchanting rose $12m (63%). Non-monetary gold fell $355m (24%) and rural goods fell $277m (7%). Services credits rose $93m (1%).


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits rose $1,116m (3%) to $35,729m. Intermediate and other merchandise goods rose $582m (5%), capital goods rose $481m (8%) and consumption goods rose $105m (1%). Non-monetary gold fell $26m (7%). Services debits fell $25m.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
November 2018 8 January 2019
December 2018 5 February 2019
January 2019 7 March 2019
February 2019 3 April 2019
March 2019 7 May 2019
April 2019 6 June 2019


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INQUIRIES

For further information contact Balance of Payments at <balance.of.payments@abs.gov.au> for goods, and International Trade in Services at <trade.services@abs.gov.au> for services.