In trend terms, the balance on goods and services was a surplus of $2,259m in November 2018, a decrease of $7m on the surplus in October 2018.

In seasonally adjusted terms, the balance on goods and services was a surplus of $1,925m in November 2018, a decrease of $88m on the surplus in October 2018.

In seasonally adjusted terms, goods and services credits rose $532m (1%) to $38,445m. Non-monetary gold rose $681m (60%). Non-rural goods fell $173m (1%) and rural goods fell $34m (1%). Net exports of goods under merchanting remained steady at $37m. Services credits rose $57m (1%).