Exhibit 1. U.S. International Trade in Goods and Services In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. (R) - Revised. Balance Exports Imports Total Goods (1) Services Total Goods (1) Services Total Goods (1) Services 2018 Trade in goods and services is defined as the transactions in goods and services between residents and non-residents. It is measured in million USD, as percentage of GDP for net trade, and also in annual growth for exports and imports. All OECD countries compile their data according to the 2008 System of National Accounts (SNA).

Table 17 summarises revisions to goods and services on a balance of payments basis, in original current price terms, since the last issue of this publication. In original terms, the revisions have increased the deficit on goods and services for 2013–14 by $155m. REVISIONS 4 ABS • INTERNATIONAL TRADE IN GOODS AND SERVICES • 5368.0 • JUL The following goods and services debits components have been revised since the release of the September 2014 issue of International Trade in Goods and Services, Australia (cat. no. 5368.0): capital goods n.e.s. component of goods debits series, revised back to July 2014 legal, accounting, management consulting, public relations and other professional Exhibit 1. U.S. International Trade in Goods and Services In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. (R) - Revised. Balance Exports Imports Total Goods (1) Services Total Goods (1) Services Total Goods (1) Services 2018 Trade in goods and services is defined as the transactions in goods and services between residents and non-residents. It is measured in million USD, as percentage of GDP for net trade, and also in annual growth for exports and imports. All OECD countries compile their data according to the 2008 System of National Accounts (SNA). Australian Bureau of Statistics (ABS), International trade in goods and services, cat. no. 5368.0, ABS, Canberra, released monthly. Department of Foreign Affairs and Trade (DFAT), Australia’s trade in goods and services, DFAT, Canberra, released biannually. Back to Parliamentary Library Briefing Book

In seasonally adjusted terms, the balance on goods and services was a surplus at for goods, and International Trade in 

9 Jul 2018 goods alone (and therefore does not capture trade in services, or the The ABS provides the data for the labour productivity estimates used in. The goods surplus declined to AUD 14.15 billion from AUD 20.41 billion in the previous three-month period, while the services deficit narrowed to AUD 0.26  Debits (imports of goods and services) In seasonally adjusted terms, goods and services debits rose $979m (3%) to $35,270m. Intermediate and other merchandise goods rose $541m (5%), consumption goods rose $378m (4%) and non-monetary gold rose $177m (29%). Capital goods fell $87m (1%). In the ABS, the monthly International Trade in Goods and Services, Australia (cat. no. 5368.0) presents exports (credits) and imports (debits) statistics on a balance of payments (change of ownership) basis. These statistics are presented in original, seasonally adjusted and trend terms.

This takes advantage of country-level services trade data that have been published by the Australian Bureau of Statistics (ABS). 2 Merchandise trade statistics 

Table 17 summarises revisions to goods and services on a balance of payments basis, in original current price terms, since the last issue of this publication. In original terms, the revisions have increased the deficit on goods and services for 2013–14 by $155m. REVISIONS 4 ABS • INTERNATIONAL TRADE IN GOODS AND SERVICES • 5368.0 • JUL

In seasonally adjusted terms, the balance on goods and services was a surplus at for goods, and International Trade in 

Exhibit 1. U.S. International Trade in Goods and Services In millions of dollars. Details may not equal totals due to seasonal adjustment and rounding. (R) - Revised. Balance Exports Imports Total Goods (1) Services Total Goods (1) Services Total Goods (1) Services 2018 Trade in goods and services is defined as the transactions in goods and services between residents and non-residents. It is measured in million USD, as percentage of GDP for net trade, and also in annual growth for exports and imports. All OECD countries compile their data according to the 2008 System of National Accounts (SNA). Australian Bureau of Statistics (ABS), International trade in goods and services, cat. no. 5368.0, ABS, Canberra, released monthly. Department of Foreign Affairs and Trade (DFAT), Australia’s trade in goods and services, DFAT, Canberra, released biannually. Back to Parliamentary Library Briefing Book

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The goods surplus declined to AUD 14.15 billion from AUD 20.41 billion in the previous three-month period, while the services deficit narrowed to AUD 0.26  Debits (imports of goods and services) In seasonally adjusted terms, goods and services debits rose $979m (3%) to $35,270m. Intermediate and other merchandise goods rose $541m (5%), consumption goods rose $378m (4%) and non-monetary gold rose $177m (29%). Capital goods fell $87m (1%). In the ABS, the monthly International Trade in Goods and Services, Australia (cat. no. 5368.0) presents exports (credits) and imports (debits) statistics on a balance of payments (change of ownership) basis. These statistics are presented in original, seasonally adjusted and trend terms.

ABS international trade data Accounting of international merchandise trade: The ABARES, Australian Bureau of Agricultural and Resource Economics and  Trade in services expanded faster than trade in goods between 2005 and 2017, at 5.4 per cent Business Survey (ABS), which covers the United. Kingdom with   9 Jul 2018 goods alone (and therefore does not capture trade in services, or the The ABS provides the data for the labour productivity estimates used in. The goods surplus declined to AUD 14.15 billion from AUD 20.41 billion in the previous three-month period, while the services deficit narrowed to AUD 0.26