Australian Trade Balance down $3m in July


The provisional trend estimate of the balance on goods and services was a deficit of $1,193m in July 2007, a decrease of $3m on the revised deficit in June.

Goods and services credits rose $5m to $18,248m. Goods and services debits rose $3m to $19,442m.

In seasonally adjusted terms, the balance on goods and services was a deficit of $756m in July 2007, a decrease of $981m on the revised deficit in June.
Goods and services credits rose $408m (2%) to $18,361m. Non-rural and other goods rose $348m (3%) and rural goods rose $61m (3%). Services credits fell $1m.
Goods and services debits fell $572m (3%) to $19,118m. Capital goods fell $342m (10%), intermediate and other goods fell $213m (3%) and consumption goods fell $22m. Services debits rose $4m.

In original terms, the July 2007 balance on goods and services was a deficit of $840m, a decrease of $863m on the deficit in June. Goods and services credits rose $793m (4%) and goods and services debits fell $70m.
Exports of non-rural and other goods in July 2007 were up $0.4b (3%) while rural goods were down $0.3b (13%) when compared to July 2006.


Australian Bureau of Statistics
8/30/2007 7:18:08 PM