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

Another Leader Exiting: Statement From Peter Dunne

I have concluded, based on recent polling, and other soundings I have been taking over the last few weeks, that, the volatility and uncertainty notwithstanding, there is now a mood amongst Ōhāriu voters for a change of MP, which is unlikely to alter...

“I have therefore decided that it is time for me to stand aside, so the people of Ōhāriu can elect a new electorate MP. More>>

 

Gordon Campbell: On Labour’s Campaign Launch

One of the key motifs of Ardern’s speech was her repeated use of the phrase – “Now, what?” Cleverly, that looks like being Labour’s response to National’s ‘steady as it goes’ warning against not putting the economic ‘gains’ at risk. More>>

ALSO:

Lyndon Hood: Social Welfare, Explained

Speaking as someone who has seen better times and nowadays mostly operates by being really annoying and humiliating to deal with, I have some fellow feeling with the current system, so I’ll take this chance to set a few things straight.. More>>

ALSO:

Deregistered: Independent Board Decision On Family First

The Board considers that Family First has a purpose to promote its own particular views about marriage and the traditional family that cannot be determined to be for the public benefit in a way previously accepted as charitable... More>>

ALSO:

Transport Policies: Nats' New $10.5bn Roads Of National Significance

National is committing to the next generation of Roads of National Significance, National Party Transport Spokesperson Simon Bridges says. More>>

ALSO:

Gordon Campbell: On Why Labour Isn’t Responsible For Barnaby Joyce

As a desperate Turnbull government tries to treat the Barnaby Joyce affair as a Pauline Hanson fever dream – blame it on the foreigners! We’re the victims of the dastardly New Zealand Labour Party! – our own government has chosen to further that narrative, and make itself an accomplice. More>>

ALSO:

Rail: Greens Back Tauranga – Hamilton – Auckland Service

The Green Party today announced that it will trial a passenger rail service between Auckland, Hamilton and Tauranga starting in 2019, when it is in government. More>>

ALSO:

Housing: Voluntary Rental Warrant Of Fitness For Wellington

Wellington City Council is partnering with the University of Otago, Wellington, to launch a voluntary Rental Warrant of Fitness for minimum housing standards in Wellington, Mayor Justin Lester has announced. More>>

ALSO:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election