House debates
Monday, 4 July 2011
Questions in Writing
Terms of Trade (Question No. 415)
Robert Oakeshott (Lyne, Independent) Share this | Link to 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.
Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Link to 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.