House debates

Monday, 4 July 2011

Questions in Writing

Terms of Trade (Question No. 415)

Photo of Robert OakeshottRobert Oakeshott (Lyne, Independent) Share this | | Hansard source

ask ed the Treasurer , in writing, on 2 June 2011:

Can he provide a Terms of Trade breakdown by specific industry sector in as much detail as possible.

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | | Hansard source

The answer to the honourable member's question is as follows:

The ABS official statistics do not provide an explicit industry sector breakdown of the Terms of Trade. A breakdown would require price level data for both the imports and exports by industry. While the source of exports can be attributed to broad industry classifications, the industry destination of imports is not able to be readily determined with accuracy.