|Unit||Mil. AUD, SA|
|Balance of Goods||May 2020||8,025||7,830||Mil. AUD, SA||Monthly|
|Exports of Goods||May 2020||35,742||37,346||Mil. AUD, SA||Monthly|
|Imports of Goods||May 2020||-27,717||-29,516||Mil. AUD, SA||Monthly|
|Current Account Balance||2020 Q1||8,395||1,722||Mil. AUD, SA||Quarterly|
|Exports of Goods and Services||2020 Q1||119,258||120,752||Mil. AUD, SA||Quarterly|
|Imports of Goods and Services||2020 Q1||100,070||107,192||Mil. AUD, SA||Quarterly|
|Net Exports||2020 Q1||19,188||13,560||Mil. AUD, SA||Quarterly|
|Real Exports of Goods and Services||2020 Q1||103,002||106,787||Mil. Ch. Jul17-Jun18 AUD, SA||Quarterly|
|Real Imports of Goods and Services||2020 Q1||92,082||98,159||Mil. Ch. Jul17-Jun18 AUD, SA||Quarterly|
|Real Net Exports||2020 Q1||10,920||8,628||Mil. Ch. Jul17-Jun18 AUD, SA||Quarterly|
In Australia the Balance of Payments (BOPs) statistics are compiled by the Australian Bureau of Statistics.
Provides detailed quarterly balance of payments tables on current, capital and financial transactions for the latest six quarters, including seasonally adjusted, trend and chain volume measures of the current account. It also provides a complete international investment position statement with details of the level of investment, investment flows and associated income.
Data are disseminated in millions of Australian Dollars. It is released by the ABS every quarter.
The compilation of balance of payments and international investment position estimates entails the use of a very wide range of statistical data.
The seasonally adjusted statistics in this publication use the concurrent seasonal adjustment technique and Autoregressive Integrated Moving Average (ARIMA) Modelling to estimate factors for the current and previous quarters.
To enable analysis of the movement of goods and services in ‘real’ terms, estimates of chain volume measures are compiled and published each quarter. Chain volume measures are derived by deflating the original current price series by specially compiled measures of price change. The reference year for chain volume measures is the year prior to the latest complete financial year incorporated in this issue
The quarterly current account series are affected to some extent by seasonal influences and it is useful to recognise and take account of this element of variation.
For further explanatory notes, please go to: http://www.abs.gov.au/AUSSTATS/abs@.nsf/Lookup/5302.0Explanatory%20Notes1Sep%202008?OpenDocument