Trade
trade in royalties
Total value of trade in royalties arising from imports and exports of cinema, television, video (Blu-ray, DVD and VHS) and multimedia releases, 1991/92–2015/16
Since 1991/92, Australia has recorded an annual deficit in audiovisual trade, apart from one year: in 2000/01, audiovisual royalties earned by SOCOG (the Sydney Organising Committee for the Olympic Games) contributed more than $1 billion to the balance of trade, creating Australia’s first ever audiovisual trade surplus ($552 million).
The US is the primary source of imported audiovisual content, accounting for more than half of imports between 2005/06 and 2015/16.
Unlike imports, the value and proportions of Australian exports during this time have fluctuated. As a market for Australian audiovisual content, the UK is slightly ahead of the US, accounting for 23 per cent of audiovisual export value compared to 14 per cent.
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