AUSTRALIA 2015

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- 14 - Impact of confidential Nickel exports on Australian STM exports in 2015 The large value of confidential Nickel exports in ABS trade statistics has meant that the total value of Australian STM exports has been understated since February 2003 in ABS reported data. The total value of Primary products exports is also affected, but to a lesser extent. DFAT estimated the level of Australian STM exports (including confidential Nickel) was valued at $16.8 billion in 2015 (compared to $14.5 billion using STM exports compiled from ABS reported data alone). STM exports were therefore under-reported by around 16 per cent in 2015 – see Chart 2. Chart 2: STM exports as compiled from ABS data vs DFAT estimated level of STM exports A$b 20 15 10 5 0 2008 2009 2010 2011 2012 2013 2014 2015 STM exports as published Estimated level of STM exports Sources: ABS trade data on DFAT STARS database, Global Trade Atlas and UN Comtrade data. When comparing the growth rates of STM exports in 2015, ABS data shows a rise of 2.7 per cent, while, based on DFAT estimates STM exports fell by 1.8 per cent. As a result of these differences in the value and growth rates of STM exports, STM exports compiled from ABS reported data alone are identified as STM (excl Nickel) in all DFAT trade statistical publications. Next update This analysis will be updated on an annual basis. The next update will be published in mid-2017. Author: Frank Bingham Economic Advocacy & Analysis Branch statssection@dfat.gov.au
- 15 - Attachment A: Methodology for estimating Nickel exports Background The ABS has a legal obligation to confidentialise data from an individual or organisation that is identifiable if that individual or organisation has requested that the data be suppressed. These restrictions affect the level of detailed merchandise trade data that is potentially available for release. The ABS publishes monthly a list of merchandise trade commodities with confidential restrictions in its publication International Merchandise Trade: Confidential Commodities List (ABS catalogue 5372.0.55.0.01). More detail on how the ABS applies confidentiality in merchandise trade statistics is available in the ABS information paper International Trade – Request to Confidentialise data (ABS catalogue 5497.0.55.001). These products are available on the ABS website at www.abs.gov.au. Impact of confidentiality on exports of Nickel products In ABS statistics Nickel mattes, Unwrought nickel & nickel alloys and Nickel powders & flakes have the restriction applied of no commodity details. No data relating to these Australian Harmonized Export Commodity Classification (AHECC) commodities are released by the ABS. Table A lists the ABS confidentiality restrictions applied to these nickel products and the dates from when they came into effect. The table also shows the DFAT Trade Import and Export Classification (TRIEC) codes 9 and the Standard International Trade Classification (SITC) codes which are affected by these restrictions. In this publication confidential nickel trade is classified to Confidential items (TRIEC code 3041 and SITC code 988). Table A: Nickel product items subject to ABS confidentiality restrictions TRIEC group TRIEC code SITC code ABS AHECC codes Restriction applied From Included in confidential TRIEC or SITC code PPP 1222 284.21 75011000 Nickel mattes No commodity details Jan-88 3041 & 988 STM 2313 683.11 75021000 Unwrought nickel, not alloyed STM 2313 683.12 75022000 Unwrought nickel alloys ETM 2414 683.23 75040000 Nickel powders and flakes No commodity details Feb-03 3041 & 988 No commodity details Feb-03 3041 & 988 No commodity details Feb-03 3041 & 988 Source: ABS catalogue 5372.0.55.001 - International Merchandise Trade: Confidential Commodities List. 9 ABS AHECC data is used to compile the DFAT TRIEC classification.
Page 1: COMPOSITION OF TRADE AUSTRALIA 2015
Page 4 and 5: ISSN 1320-7547 (Print) ISSN 2200-60
Page 6 and 7: Market information service EDS prov
Page 8 and 9: - vi - Contents (cont’d) Table No
Page 10 and 11: - viii - Introduction Composition o
Page 12 and 13: - 2 - Index 2013-14=100 Index 2013-
Page 14 and 15: - 4 - % change 10 9 8 7 6 5 4 3 2 1
Page 16 and 17: - 6 - Australia’s direction of tr
Page 18 and 19: - 8 - Commodity forecasts • The A
Page 20 and 21: - 10 - Table 2: Imports of Aircraft
Page 22 and 23: - 12 - Alternative sources of infor
Page 26 and 27: - 16 - Table B shows exports of Nic
Page 28 and 29: - 18 - Major markets for Nickel mat
Page 30 and 31: - 20 - Low value threshold goods In
Page 32 and 33: - 22 - Australia's trade with the t
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Page 36 and 37: - 26 - TABLE 1: AUSTRALIA'S TRADE I
Page 40 and 41: - 30 - TABLE 5: AUSTRALIA'S TOP 25
Page 42 and 43: - 32 - TABLE 7: AUSTRALIA'S IMPORTS
Page 44 and 45: - 34 - TABLE 8: AUSTRALIA'S RANK IN
Page 48 and 49: - 38 - TABLE 11: AUSTRALIA'S EXPORT
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Page 54 and 55: - 44 - TABLE 14: AUSTRALIA'S IMPORT
Page 56 and 57: - 46 - TABLE 15 : AUSTRALIA'S TRADE
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Page 72 and 73: - 62 - TABLE 26: AUSTRALIAN PRODUCE
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- 66 - TABLE 27: AUSTRALIA'S MAJOR
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- 68 - TABLE 28: AUSTRALIA'S MAJOR
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- 72 - TABLE 29: AUSTRALIA'S MERCHA
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- 92 - AUSTRALIA'S MERCHANDISE TRAD
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- 100 - AUSTRALIA'S MERCHANDISE TRA
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- 128 - Appendix A Explanatory Note
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- 130 - Bulk wheat exports by partn
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- 132 - In this classification, ser
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- 134 - distinction between the two
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- 136 - Appendix B Composition of r
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- 138 - North America North Asia No
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- 140 - f.o.b. GDP hand HTISC HS IC
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- 142 - Appendix D Confidential exp
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- 144 - Appendix E ABS trade commod
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- 146 - Appendix F Goods and servic
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- 148 - Appendix G DFAT adjustments
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- 150 - and import totals to DFAT f
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- 152 - List A AHECC codes not incl
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- 154 - AHECC codes not included in
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- 156 - HTISC codes not included in
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- 162 - Appendix H TRIEC classifica
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- 164 - 124 Primary products - Proc
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COMPOSITION OF TRADE AUSTRALIA 2015
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AUSTRALIA 2015

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