5489.0 - International Merchandise Trade, Australia: Concepts, Sources and Methods, 2015  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 11/11/2015   
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12.3 IMTS 2010 was developed after 2008 SNA and BPM6. It therefore contains recommendations intended to make data compiled on an IMTS 2010 basis as consistent with the requirements of those systems as possible. However, the importance of providing statistics about the physical movement of goods across borders means that the main elements of IMTS 2010 are different to 2008 SNA andBPM6 which are based on the principles of economic ownership and residence. The conceptual differences between IMTS 2010 and BPM6 are fully explained in IMTS 2010, Annex F. These differences are explained in the context of Australia's statistics in Table 12.1 in the Balance of Payments Statistics section.