Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 


Milk powder to China leads to high export levels in 2013

Milk powder to China leads to high export levels in 2013 – Media release

31 January 2014

Milk powder exports, particularly to China, dominated the total goods exported for the year ended December 2013, Statistics New Zealand said today. This led to many new record highs, such as export values for the month, quarter, and year for the grouping milk powder, butter, and cheese.

“For 2013, the value of goods we exported rose by $2.0 billion – to reach $48.1 billion – and most of this increase was from milk powder,” industry and labour statistics manager Louise Holmes-Oliver said. “Almost half of our milk powder exports went to China.”

Goods exported to China in the year ended December 2013 were valued at $10.0 billion, of which $4.0 billion was milk powder. This is the highest-ever value of milk powder exported to China for any year.

“China became our top annual export destination in 2013, a spot Australia had held since the year ended September 1989,” Louise Holmes-Oliver said. “For imports, China’s been our main partner since December 2011.”

Imports for the December 2013 year were up $1.1 billion, to $48.3 billion.

December 2013 quarter

For the December 2013 quarter, seasonally adjusted exports rose 10 percent (to $13.4 billion), and seasonally adjusted imports fell 2.8 percent (to $12.3 billion) from the September 2013 quarter.

The seasonally adjusted trade balance for the December 2013 quarter was a surplus of $1.1 billion (8.0 percent of exports) – the first surplus over $1.0 billion since the series began.

December 2013 month

For the December 2013 month, export values increased $658 million (16 percent) compared with December 2012. Imports increased $669 million (19 percent). The trade balance for the December 2013 month was a surplus of $523 million (11 percent of exports).

New Zealand's international trade

New Zealand’s international trade is made up of trade in goods and services. Overseas merchandise trade statistics measure the goods component of international trade. For a complete picture, this release should be viewed with international trade in services figures, released as part of Balance of Payments and International Investment Position.

Visit Overseas Merchandise Trade: December 2013

OverseasMerchandiseTradeDec13HOTP.pdf

omtDec13tables.xls

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Bill English, Abroad

Looks like you need to get the blurb yourself. Probably best to do that irrespective, actually.If David Cameron was the closest thing John Key had to a political mentor, their successors also share a whole lot in common.

Theresa May and Bill English were both propelled into the top jobs as the result of unexpected resignations, and without much in the way of credible competition from their colleagues. Neither have yet been given a mandate to govern by the electorate although – in both countries – the Labour opposition is in less than robust shape. More>>

 

Pike River: Labour Bill To Override Safety Act For Mine Entry

“Bill English has been hiding behind the legal excuse that any attempt to re-enter the mine to recover the bodies might place the mine’s owner, Solid Energy Limited, and its directors in breach of the Health and Safety at Work Act 2015." More>>

ALSO:

Gordon Campbell: On Populism And Labour 2017

For many people on the centre-left, populism is a dirty word, and a shorthand for the politics of bigotry. In this country, it has tended to be equated with the angry legions of New Zealand First. Who knew they were not just a reactionary spasm, but the wave of the future? More>>

Oxfam: 30% Of NZ Owns Less Wealth Than Our Two Richest Men

The research also reveals that the richest one per cent have 20 per cent of the wealth in New Zealand, while 90 per cent of the population owns less than half of the nation’s wealth. The research forms part of a global report released to coincide with this week’s annual meeting of political and business leaders at the World Economic Forum in Davos, Switzerland. More>>

ALSO:

Hospitals: Resident Doctors Set To Strike Again

Despite discussions between the DHBs and NZRDA over safer hours for resident doctors progressing during the last week, the strike planned for next week appears set to proceed. More>>

ALSO:

Not So Super Fund: More Burning Ethical Questions For Steven Joyce

Greens: Radio New Zealand reported this morning that the New Zealand Superfund has $77 million invested in 47 coal companies that the Norwegian Government’s Pension Fund – the largest sovereign fund in the world – has blacklisted. More>>

Activism: Greenpeace Intercepts World’s Biggest Seismic Oil Ship

Greenpeace crew have made contact with the world’s biggest seismic oil ship after travelling 50 nautical miles on two rigid-hulled inflatables off the coast of Wairarapa... Greenpeace radioed the master of the Amazon Warrior to deliver an open letter of protest signed by over 60,000 New Zealanders. More>>

ALSO:

Gordon Campbell: Why Tax Cuts In 2017 Would Be A (Proven) Bad Idea

Ever since the world fell prey to the mullahs of the free market in the 1980s, no amount of real world evidence has managed dispel one key tenet of their economic faith. Namely, the idea that if you cut income taxes and taxes on small business, a wave of individual enterprise and entrepreneurial energy will thus be unleashed, profits will rise and – hey bingo! – the tax cuts will soon be paying for themselves ... More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
More RSS  RSS
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news