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 The Kim Regime

During the Cuban Missile Crisis, the US had a very clear objective and eventually offered a quid pro quo of the removal of some of its own missiles from Turkey. This time, there’s no clarity about what the US is seeking, or offering.

It hasn’t helped that the US and the global media consistently agree on calling North Korea and its leadership “crazy” and “irrational” and urging it to “come to its senses”. When you treat your opponent as being beyond reason, it gets hard to comprehend what their strategy is, let alone work out the terms of a viable compromise. More>>

 

Recovery: Economic Impact Of Kaikōura Quake Revealed

The report details the impact on small businesses and tourism caused by disruptions to transport infrastructure and the economic impacts... The impact on New Zealand’s Gross Domestic Product (GDP) over the first 18 months following the earthquake has been estimated at $450-$500 million. More>>

ALSO:

Human Rights Commission: Urgent Need For Action On Seclusion And Restraint

Chief Human Rights Commissioner David Rutherford says that while the report makes for sobering reading, the focus should now be on how the recommendations can be used to reduce the occurrence of seclusion and restraint in New Zealand and, in circumstances where it is necessary, to improve practices. More>>

ALSO:

CORRECTIONS (March 2017):

SCHOOL SECLUSION ROOMS (2016):

$11bn Capital Spend, New Debt Target: Steven Joyce On Budget Priorities

First, delivering better public services for a growing country – providing all New Zealanders with the opportunity to lead successful independent lives... And finally, we remain committed to reducing the tax burden and in particular the impact of marginal tax rates on lower and middle income earners, when we have the room to do so. More>>

ALSO:

JustSpeak Report: Bail Changes To Blame For New Billion Dollar Prison

In 2013 criminal justice spending was falling and the Government was mulling over what to spend the money on. 3 years later there are 10,000 people in prison and a new billion dollar prison is announced. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news