In trend terms, the balance on goods and services was a surplus of $644m in October 2017, a decrease of $112m on the surplus in September 2017.

In seasonally adjusted terms, the balance on goods and services was a surplus of $105m in October 2017, a decrease of $1,499m on the surplus in September 2017.

In seasonally adjusted terms, goods and services credits fell $903m (3%) to $31,871m. Non-rural goods fell $1,074m (5%) and rural goods fell $85m (2%). Non-monetary gold rose $362m (24%) and net exports of goods under merchanting rose $12m (25%). Services credits fell $118m (2%).