TRADE IN CULTURAL GOODS
Australia continues to import more cultural goods and services than it exports overseas. In 2002-03, Australia earned $918m through the provision of cultural goods and cultural and recreational services to the rest of the world, less than a quarter of the value of goods and services it received from overseas ($4,328m).
7.1 TRADE IN CULTURAL GOODS AND SERVICES - 2002-03 |
|  |
 | Cultural goods | Cultural and recreational services | Total |  |
VALUE ($m) |  |
|  |
Exports/credits | 576 | 342 | 918 |  |
Imports/debits | 3 342 | 986 | 4 328 |  |
PER CENT (%) |  |
|  |
Exports/credits | 62.7 | 37.3 | 100.0 |  |
Imports/debits | 77.2 | 22.8 | 100.0 |  |
|  |
ABS, International Trade, Australia - Information Consultancy Ad Hoc Service (cat. no. 5466.0). |
Exports of cultural goods in 2002-03 totalled $576m, or 0.5% of all goods exported out of Australia, while cultural imports totalled $3,341m, or 2.5% of all goods imported into Australia.
7.2 TRADE IN CULTURAL GOODS - 2002-03 |
|  |
 | Cultural goods | All goods | Cultural goods as a percentage of all goods |  |
 | $m | $m | % |  |
|  |
Exports | 576.2 | 115 454.5 | 0.5 |  |
Imports | 3 341.8 | 133 129.8 | 2.5 |  |
|  |
ABS, International Trade, Australia - Information Consultancy Ad Hoc Service (cat. no. 5466.0). |