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Make Money in Forex by Avoiding These Psychological Risks May 24, 2022
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International Trade in Goods and Services, Australia – Mar, 2021

by News Feed
May 4, 2021
in Market News
International Trade in Goods and Services, Australia – Mar, 2021
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Statistics about international trade in goods and services, on a balance of payments and international trade basis.

Released: 4/05/2021 | Reference period: March 2021

Key statistics

  • The seasonally adjusted balance on goods and services surplus decreased $2,021m to $5,574m in March.
  • Goods and services credits (exports) fell $681m (2%) to $38,274m.
  • Goods and services debits (imports) rose $1,340m (4%) to $32,700m.

Main features

Key Figures, Seasonally Adjusted
Jan-21 ($m) Feb-21 ($m) Mar-21 ($m) Feb-21 to Mar-21 ($m) Feb-21 to Mar-21 (%)
Balance on goods and services 9 527 7 595 5 574 -2 021 na
Credits (Exports of goods & services) 39 486 38 955 38 274 – 681 – 2
Debits (Imports of goods & services) -29 959 -31 360 -32 700 1 340 4

*na not applicable


Balance on goods and services

In seasonally adjusted terms, the balance on goods and services was a surplus of $5,574m in March 2021, a decrease of $2,021m on the surplus in February 2021.

Balance on goods and services(a), seasonally adjusted
Jan-21 ($m) Feb-21 ($m) Mar-21 ($m) Feb-21 to Mar-21 ($m) Feb-21 to Mar-21 (%)
Balance on goods and services 9 527 7 595 5 574 -2 021 na
Total goods and services credits 39 486 38 955 38 274 – 681 – 2
Total goods credits 34 279 33 957 33 377 – 580 – 2
Total services credits 5 208 4 998 4 897 – 101 – 2
Total goods and services debits -29 959 -31 360 -32 700 1 340  4
Total goods debits -25 953 -27 259 -28 578 1 319 5
Total services debits -4 007 -4 101 -4 123 22 1

na not applicable
– Nil or rounded to zero (including null cells)
(a) For sign conventions, see the Explanatory notes.


Goods credits, seasonally adjusted
Jan-21 ($m) Feb-21 ($m) Mar-21 ($m) Feb-21 to Mar-21 ($m) Feb-21 to Mar-21 (%)
Total goods credits 34 279 33 957 33 377 – 580 – 2
General merchandise 31 552 31 058 31 186 128 –
Rural goods 4 059 4 178 4 150 – 28 – 1
Non-rural goods 27 493 26 880 27 036 156 1
Net exports of goods under merchanting(a) 71 71 71 – –
Non-monetary gold(a) 2 656 2 828 2 120 – 708 – 25

– Nil or rounded to zero (including null cells)
(a) This component is not seasonally adjusted.


Source

Tags: AUD
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