Composition of Trade, Australia concentrates on the major trends in Australia’s trade statistics, looking at trends in goods and services (on a balance of payments basis) and merchandise trade (on a recorded trade basis), including trade data by DFAT’s own trade classification - Trade Import Export Classification (TRIEC) and the United Nations’ Standard International Trade Classification (SITC).

The publication is divided into two major segments:

Australia’s trade on a balance of payments basis

• Section 1 provides summary data on Australia’s goods and services showing current price values, chain volume measures, movements in export and import prices and the terms of trade.
• Section 2 shows the direction of Australia’s trade in goods and services to selected economies and regions, including Australia’s rank in world goods and services exports and imports.
• Section 3 presents Australia’s composition of services trade by type of activity and the direction of services trade to selected economies and regions.

Australia’s merchandise trade on a recorded trade basis

• Section 4 details Australia's merchandise trade by broad category and level of processing, including data on Australian produced exports.
• Section 5 provides commodity rankings for Australia’s major merchandise exports and imports.
• Section 6 shows the direction of Australia’s merchandise trade by economy by rank and selected groups.
• Section 7 gives a detailed commodity breakdown of Australia’s top 25 trading partners by the top 20 merchandise exports and imports as well as by selected regions and economies (e.g. APEC, Europe).

This publication is designed to be used in conjunction with DFAT’s trade data products available on the DFAT website which includes more detail by all economies and longer time series.