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5368.0 - International Trade in Goods and Services, Australia, Feb 2013 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 03/04/2013   
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CHANGES IN THIS AND FORTHCOMING ISSUES


CHANGES IN THIS ISSUE

REVISIONS TO MERCHANDISE TRADE DATA OUTSIDE THE NORMAL REVISION PERIOD

As a result of new information import statistics for Customs Tariff code 9988888899 (Combined confidential items) have been revised on an international merchandise trade basis in the months of April 2010, June 2010, December 2010, September 2011 and May 2012. These months are outside the normal revision period for international merchandise trade data. The changes will impact on statistics in time series spreadsheet tables 13a, 13b, 14b, 15b, 33, 34, 35a, and 37i in this publication, detailed import statistics at the 5–digit Standard International Trade Classification (SITC), Balance of Payments Broad Economic Categories (detailed level) and Harmonised Tariff Item Statistical Classification (HTISC) levels available on request.

These revisions will be included in balance of payments estimates of goods debits, and national accounts estimates of imports of goods and services, as revision periods for those estimates allow. Other transactions associated with the imports causing these revisions, such as financing of these purchases, have already been included in the relevant macroeconomic statistics published by the ABS.


CHANGES IN FORTHCOMING ISSUES

AMENDMENT TO SCHEDULE 4 OF CUSTOMS TARIFF

The Australian Customs and Border Protection Service has introduced significant amendments to Schedule 4 of the Customs Tariff Act. The changes were implemented on 1 March 2013. More detail is available in Australian Customs Notice 2012/55.

The Information Paper: Amendments to Schedule 4 of Customs Tariff (cat. no. 5368.0.55.019) which provides information on new treatment codes, commodity codes and a correspondence between the ceasing codes and the replacement codes was released on the ABS website on 19 March 2013.

These changes to treatment code and commodity classifications will be applied to import statistics from March 2013 and will impact on statistics available on request. These changes will not impact on statistics in this publication.


CHANGES TO COUNTRY NAME PRESENTED ON A COUNTRY BASIS

From the March 2013 reference period there will be name changes for two countries shown as follows:

Country New name

Burma (Republic of Myanmar) Myanmar, Republic of
East Timor, Dem Rep of Timor–Leste



Time series spreadsheet tables affected in this publication are: 14a, 14b 36a – 36j and 37a – 37i. Time series IDs will remain the same.

Table 14 of this publication showing data for selected countries on an international merchandise trade basis will not be affected.

International Merchandise Imports, Australia (cat. no. 5439.0) and international merchandise trade data available on request showing these countries will also be affected.


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