5368.0 - International Trade in Goods and Services, Australia, Mar 2017 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 04/05/2017   
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MARCH KEY FIGURES

Jan 2017
Feb 2017
Mar 2017
Feb 17 to Mar 17
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
3 079
3 539
3 804
7
Seasonally adjusted
2 225
3 657
3 107
-15
CREDITS (Exports of goods & services)
Trend estimates
32 644
33 294
33 716
1
Seasonally adjusted
32 547
32 567
33 343
2
DEBITS (Imports of goods & services)
Trend estimates
29 565
29 755
29 912
1
Seasonally adjusted
30 322
28 910
30 235
5


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



MARCH KEY POINTS


BALANCE ON GOODS AND SERVICES
  • In trend terms, the balance on goods and services was a surplus of $3,804m in March 2017, an increase of $265m (7%) on the surplus in February 2017.
  • In seasonally adjusted terms, the balance on goods and services was a surplus of $3,107m in March 2017, a decrease of $550m (15%) on the surplus in February 2017.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits rose $776m (2%) to $33,343m. Non-monetary gold rose $443m (32%), rural goods rose $271m (7%) and non-rural goods rose $19m. Net exports of goods under merchanting fell $1m (2%). Services credits rose $45m (1%).


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits rose $1,325m (5%) to $30,235m. Consumption goods rose $751m (10%), intermediate and other merchandise goods rose $715m (8%) and non-monetary gold rose $68m (14%). Capital goods fell $214m (4%). Services debits rose $6m.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
April 2017 8 June 2017
May 2017 6 July 2017
June 2017 3 August 2017
July 2017 7 September 2017
August 2017 5 October 2017
September 2017 2 November 2017



PRIVACY

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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 5706 for Services.