5368.0 - International Trade in Goods and Services, Australia, Oct 2017 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 07/12/2017   
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OCTOBER KEY FIGURES

Aug 2017
Sep 2017
Oct 2017
Sep 17 to Oct 17
$m
$m
$m
% change

BALANCE ON GOODS AND SERVICES
Trend estimates
901
756
644
-15
Seasonally adjusted
810
1 604
105
-93
CREDITS (Exports of goods & services)
Trend estimates
32 225
32 122
32 073
-
Seasonally adjusted
31 916
32 774
31 871
-3
DEBITS (Imports of goods & services)
Trend estimates
31 325
31 366
31 429
-
Seasonally adjusted
31 106
31 170
31 766
2

- 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 $644m in October 2017, a decrease of $112m on the surplus in September 2017.
  • In seasonally adjusted terms, the balance on goods and services was a surplus of $105m in October 2017, a decrease of $1,499m on the surplus in September 2017.


CREDITS (EXPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services credits fell $903m (3%) to $31,871m. Non-rural goods fell $1,074m (5%) and rural goods fell $85m (2%). Non-monetary gold rose $362m (24%) and net exports of goods under merchanting rose $12m (25%). Services credits fell $118m (2%).


DEBITS (IMPORTS OF GOODS AND SERVICES)
  • In seasonally adjusted terms, goods and services debits rose $596m (2%) to $31,766m. Intermediate and other merchandise goods rose $385m (4%), consumption goods rose $197m (2%) and non-monetary gold rose $16m (4%). Capital goods fell $120m (2%). Services debits rose $119m (2%).


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
November 2017 5 January 2018
December 2017 6 February 2018
January 2018 8 March 2018
February 2018 5 April 2018
March 2018 3 May 2018
April 2018 7 June 2018



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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.