Imported goods, including those removed from a warehouse, may be transhipped or reexported upon completion of the appropriate entry and under the security of a bond. Customarily, such entries are passed by custom agents under the security of their general bond. Special developing country rates for more than 100 countries were incorporated in the customs tariff from 1972. In 1984, least developed countries were granted further preference. Products from certain South Pacific countries enter duty free.
Canadian imports have a separate tariff rate that is somewhat reduced from the standard rate.
This is of great importance to New Zealand as Australia is its largest export market, and largest source of imports. U.S. exporters and investors should be aware, however, that rules of origin under the CER do not permit products to enter Australia duty free from New Zealand unless the product is of at least 50 percent New Zealand origins, and the last manufacturing process was carried out in New Zealand. In other words, a U.S. product imported into New Zealand, if reexported to Australia would face the normal tariff duty for a U.S. export to Australia. The proposed CER-AFTA link, while potentially very important, would have little immediate impact because AFTA still has high internal tariffs which are to be reduced over time.