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

 

Imports Growth Continues

Overseas Merchandise Trade (Imports): June 2001

The value of merchandise imports for June 2001 is $2,670 million, according to latest figures released by Statistics New Zealand. The imports trend shows rises for the latest four months, following three months of little change.

The value of seasonally adjusted imports rose 3.3 per cent in the June 2001 quarter when compared with the previous quarter. This follows a 5.7 per cent fall in the March 2001 quarter. All major broad economic categories showed increases in value for the June 2001 quarter with the exception of crude oil, which showed a decrease in value due to lower volumes.

The value of seasonally adjusted imports of intermediate goods (goods, including crude oil imported for further processing) increased by 1.2 per cent in the June 2001 quarter, following a decrease of 7.7 per cent in the previous quarter. The value of crude oil fell 27.1 per cent in the June 2001 quarter, while other intermediate goods rose 7.7 per cent.

The seasonally adjusted import value of capital machinery and plant increased by 7.0 per cent in the June 2001 quarter, while the value of capital transport equipment increased by 22.0 per cent. Seasonally adjusted imports of consumption goods increased by 3.5 per cent over the same period.

For the year ended June 2001, the merchandise imports value is $31,938 million, an increase of 9.4 per cent from the previous June year.

The early estimate for June 2001 merchandise exports is $2,780 million, giving a merchandise trade surplus of $110 million for the month, compared with a deficit of $17 million for June 2000. Detailed statistics for June 2001 merchandise exports will be released on 9 August 2001.

Brian Pink
Government Statistician

END


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

ScoopPro: Helping The Education Sector Get More Out Of Scoop

The ScoopPro professional license includes a suite of useful information tools for professional users of Scoop including some specifically for those in the education sector to make your Scoop experience better. More>>

Big Tax Bill Due: Destiny Church Charities Deregistered

The independent Charities Registration Board has decided to remove Destiny International Trust and Te Hahi o Nga Matamua Holdings Limited from the Charities Register on 20 December 2017 because of the charities’ persistent failure to meet their annual return obligations. More>>

57 Million Users' Data: Uber Breach "Utterly Preventatable"

Cybersecurity leader Centrify says the Uber data breach of 57 million customer and driver records - which the ride-hailing company hid for more than a year - was “utterly preventable”. More>>

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>

Having A Cow? Dairy Product Prices Slide For Fourth Straight Auction

Dairy product prices fell at the Global Dairy Trade auction, retreating for the fourth straight auction amid signs of increased production... Whole milk powder fell 2.7 percent to US$2,778 a tonne. More>>

ALSO:

Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>

ALSO:

Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>

ALSO: