Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Latest Statistics Confirm Export Growth

Overseas Merchandise Trade: October 2000

The updated value of merchandise exports for October 2000 released today by Statistics New Zealand is $2,729 million. This is $9 million more than the early estimate released on 27 November 2000. Merchandise imports were $2,945 million, giving a revised trade deficit of $216 million for the month.

These statistics indicate the monthly trend value for merchandise exports is continuing to rise at a faster rate than the monthly trend for merchandise imports. This pattern has been maintained since November 1999, resulting in a progressive reduction of the trade deficit.

The updated value of merchandise exports for the year ended October 2000 is $27,913 million, up 20.4 per cent from the previous year ended October. The updated merchandise trade balance for the year ended October 2000 is a deficit of $2,927 million. If the value of the frigate HMNZS Te Mana ($631 million) is removed this is similar to the deficit for the previous October year.

For the year ended October 2000, the destinations contributing the most to the annual growth were Japan, the United States of America and Australia, our top three export markets. The commodities contributing most to the annual growth in exports for the year were dairy products, meat and logs, wood and wood articles.

Trade statistics are provisional for three months to allow for the inclusion of new and amended information.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Voluntary Administration: Renaissance Brewing Up For Sale

Renaissance Brewing, the first local company to raise capital through equity crowdfunding, is up for sale after cash flow woes and product management issues led to the appointment of voluntary administrators. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Media Mega Merger: Full Steam Ahead For Appeal

New Zealand's two largest news publishers have confirmed they are committed to pursuing their appeal against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>