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No. 3 - Department of Treasury - The Western Australian Government

No. 3 - Department of Treasury - The Western Australian Government

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<strong>Western</strong> <strong>Australian</strong> Economic Summary2006 <strong>No</strong>.3TradeCURRENT ACCOUNT BALANCESeasonally Adjusted, QuarterlyLevel In:% Change Over:Jun-06 Mar-06 Jun-05 Quarter YearGoods and services balance -$4.1Bn -$4.5Bn -$4.2Bn -8.2% -0.9%Current account balance -$13.2Bn -$13.6Bn -$12.3Bn -2.9% 7.7%Source: ABS Cat. 5302.0EXPORTS, 12-MONTH ROLLING SUMStates, % AustraliaOct-06 Sep-06 Oct-05WA 32.9% 32.4% 31.0%Qld 22.6% 22.7% 21.8%NSW 17.2% 17.4% 18.1%Vic 12.2% 12.3% 13.7%SA 5.6% 5.6% 5.9%Tas 2.0% 2.0% 2.0%Source: ABS Cat. 5432.0WA'S EXPORTS, 12-MONTH ROLLING SUMBy Destination, $mLevel In:% Change Over:Oct-06 Sep-06 Oct-05 Month YearChina $11.1Bn $10.7Bn $7.9Bn 3.5% 40.9%Japan $11.7Bn $11.5Bn $9.3Bn 1.6% 26.0%Korea $4.4Bn $4.3Bn $3.4Bn 1.3% 27.9%Singapore $1.9Bn $1.8Bn $1.7Bn 6.6% 10.3%UK $3.8Bn $3.9Bn $1.1Bn -1.5% 249.3%USA $1.5Bn $1.4Bn $1.4Bn 5.9% 8.6%Source: ABS Cat. 5432.0WESTERN AUSTRALIA'S EXPORTS12-Month Rolling Sum, Level and % AustraliaOct-06 Sep-06 Oct-05Level In:% Change Over:% Australia 32.9% 32.4% 31.0% Quarter Year$ Bn $53.0Bn $51.5Bn $41.5Bn 2.9% 27.9%Source: ABS Cat. 5432.0WESTERN AUSTRALIA'S TRADE BALANCECurrent Prices, 12-Month Rolling SumLevel In:% Change Over:Oct-06 Sep-06 Oct-05 Month YearImports $21.2Bn $20.2Bn $14.7Bn 5.0% 44.3%Balance $31.9Bn $31.4Bn $26.8Bn 1.6% 18.9%Exports $53.0Bn $51.5Bn $41.5Bn 2.9% 27.9%Source: ABS Cat. 5432.0104 <strong>Department</strong> <strong>of</strong> <strong>Treasury</strong> and Finance

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