Australia's Trade Surplus Narrows in November


In seasonally adjusted terms, the balance on goods and services was a surplus of $1,380m in November 2011, a fall of $38m on the surplus in October 2011.

In seasonally adjusted terms, goods and services credits rose $58m to $27,247m. Non-monetary gold rose $358m (32%) and rural goods rose $32m (1%). Net exports of goods under merchanting remained at -$6m. Non-rural goods fell $239m (1%). Services credits fell $93m (2%).

In seasonally adjusted terms, goods and services debits rose $96m to $25,867m. Capital goods rose $305m (6%). Non-monetary gold fell $214m (24%), intermediate and other merchandise goods fell $19m and consumption goods fell $16m. Services debits rose $41m (1%).


TradingEconomics.com, Australian Bureau of Statistics
1/6/2012 4:16:39 PM