In trend terms, the balance on goods and services was a deficit of $16m in November 2016, a decrease of $503m (97%) on the deficit in October 2016.

In seasonally adjusted terms, the balance on goods and services was a surplus of $1,243m in November 2016, a turnaround of $2,362m on the deficit in October 2016.

In seasonally adjusted terms, goods and services credits rose $2,322m (8%) to $30,083m. Non-rural goods rose $2,010m (12%) and rural goods rose $588m (17%). Non-monetary gold fell $305m (18%). Net exports of goods under merchanting remained steady at $5m. Services credits rose $29m.