Australia imported $20.51bn worth of international trade goods in February 2014, a fall of $1.1bn (5%) on the revised January 2014 merchandise imports of $21.61bn, according to recent data from the Australian Bureau of Statistics (ABS).<\/p>\n
Meanwhile, the majority of containerised cargo within Australia\u2019s top 20 goods imports declined in value following a peak in January.<\/p>\n
\u201cIn seasonally-adjusted terms, goods debits rose $321m (1%) between January and February 2014 to $22.98bn,\u201d said the ABS.<\/p>\n
Intermediate and other merchandise goods fell $531m (5%) and consumption goods fell $58m (1%).
\nCapital goods rose $803m (16%).<\/p>\n
ABS current \u2018International Merchandise Imports, Australia\u2019 report states that February imports of office machines and automatic data processors fell 19% to $644m from $799m, while telecom equipment and parts also fell 17% to $667m from $809m.<\/p>\n
Furniture (including bedding), which happens to be one of Australia\u2019s important containerised finished goods imports, declined 27% to $234m from $323m in January.<\/p>\n
The import value of clothing also declined with apparel and accessories down 8.6% to $699m from $765m.
\nImports of footwear dropped 15% to $153, down from $180m in January.<\/p>\n
Imports of textiles and fabrics declined in value by 10.5% to $240m from January\u2019s result of $268m.<\/p>\n
The import value of pulp and waste paper imports has remained stable at $20m since January, while the value of medicinal and pharmaceutical products dropped 16% to $789m from $938m.<\/p>\n
Household electrical equipment dropped 17% to $818m, down from $983m in January.<\/p>\n","protected":false},"excerpt":{"rendered":"
Australia imported $20.51bn worth of international trade goods in February 2014, a fall of $1.1bn (5%) on the revised January 2014 merchandise imports of $21.61bn, according to recent data from the Australian Bureau of Statistics (ABS). Meanwhile, the majority of containerised cargo within Australia\u2019s top 20 goods imports declined in value following a peak in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[23],"tags":[96,74,24],"acf":[],"yoast_head":"\n