Overseas imports are often transhipped to Tasmania after being cleared through Customs in the larger mainland Australian ports, and so are not included in the figures reported for imports to Tasmania. As a result, imports into Tasmania are under-stated in Australian Bureau of Statistics figures because only direct imports into Tasmania are recorded.
During 2005-06, the value of direct imports to Tasmania decreased by 14.0% to $516.2 million.
VALUE OF IMPORTS(a) |
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| Value | Change over previous year |
| | |
Years | $m | % |
|
2001-02 | 518.4 | -1.1 |
2002-03 | 763.0 | 47.3 |
2003-04 | 669.0 | -12.4 |
2004-05 | 600.5 | -10.2 |
2005-06 | 516.2 | -14.0 |
(a) The value for import duty purposes determined by Customs. The primary basis for its establishment is the price actually paid or payable, provided a number of conditions are met. The most important is that the buyer and seller must be independent. If these conditions are not met World Trade Organization (WTO) rules are used to determine the Customs value.
Source: ABS data available on request.
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