TRADE IN SERVICES BY COUNTRY
During 2008-09, Australia received $234m in royalty credits for music, film, television programs and video tapes, from trade with other countries. The majority of credits (87% or $204m) were from OECD countries, while 13% ($31m) were from non-OECD countries. Australia received $67m in royalty credits for music, film, television programs and video tapes from New Zealand, $65m from the USA and $34m from the UK.
In the same period, Australia accrued royalty debits worth $1,593m for selected cultural trades, with the vast majority (97%) paid to OECD countries. This can be attributed to a 61% increase in television programs debits. In 2008-09, Australia paid $892m to the USA for music, film, television programs and video tape royalties, which equates to more than half (56%) of all cultural debits.
7.8 Balance of Payments, Selected cultural services - Selected countries - 2008-09 |
|
| | | UK | USA | New
Zealand | Selected
European
members
of the
OECD(a) | Total
OECD(b) | Total
non-OECD | Total all
countries |
| | | $m | $m | $m | $m | $m | $m | $m |
|
Credits | | | | | | | |
| Royalties on film, TV programs, video | | | | | | | |
| | Theatrical films | 1 | 3 | - | - | 4 | - | 4 |
| | Television programs | 25 | 8 | 25 | 15 | 76 | 12 | 88 |
| | Video tapes | 1 | 5 | - | - | 6 | 1 | 7 |
| | Other (not separately identified)(c) | 3 | 13 | 27 | 6 | 49 | 11 | 60 |
| | Total | 30 | 29 | 52 | 21 | 135 | 24 | 159 |
| Music royalties | 4 | 36 | 15 | 11 | 69 | 7 | 75 |
| Total credits | 34 | 65 | 67 | 32 | 204 | 31 | 234 |
Debits | | | | | | | |
| Royalties on film, TV programs, video | | | | | | | |
| | Theatrical films | -1 | -54 | - | -23 | -75 | - | -75 |
| | Television programs | -114 | -417 | -3 | -338 | -886 | -33 | -919 |
| | Video tapes | -2 | -227 | -1 | -91 | -314 | -1 | -315 |
| | Other (not separately identified)(c) | -3 | -36 | -1 | -1 | -38 | -11 | -49 |
| | Total | -120 | -734 | -5 | -453 | -1 313 | -45 | -1 358 |
| Music royalties | -63 | -158 | -3 | -2 | -228 | -7 | -235 |
| Total debits | -183 | -892 | -8 | -455 | -1 541 | -52 | -1 593 |
|
- nil or rounded to zero (including null cells) |
(a) Includes the Netherlands, Germany, France, Switzerland, Sweden and Ireland. |
(b) Includes Canada and Japan. |
(c) Includes multimedia royalties. |
Source: ABS data available by request, International Trade in Services by Country, 2008-09. |