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

 


Imports Static

Overseas Merchandise Trade (Imports): November 2001

The provisional value of merchandise imports for November 2001 is $3,041 million, according to latest figures released by Statistics New Zealand. The imports trend shows little change for the latest month, following falls for the previous four months.

Seasonally adjusted consumption goods rose 0.3 per cent in the November 2001 month, following a rise of 4.0 per cent in the October 2001 month. Crude oil import prices and quantities have fallen again in the November 2001 month. Excluding crude oil, seasonally adjusted intermediate goods (goods imported for further processing) decreased 2.5 per cent following a rise of 2.8 per cent in the October 2001 month. Seasonally adjusted capital machinery and plant imports have increased for two consecutive months and are up 6.2 per cent in the November 2001 month.

For the year ended November 2001, the provisional value of merchandise imports is $31,867 million, an increase of 2.2 per cent from the previous November year. Excluding items individually valued at $100 million or more (such as large aircraft and ships), the annual increase in merchandise imports was 6.3 per cent.

The early estimate for November 2001 merchandise exports is $2,690 million, giving a merchandise trade deficit of $351 million for the month, compared with a deficit of $388 million for the November 2000 month. If confirmed, this would be the smallest November month deficit since November 1997. Detailed statistics for November 2001 merchandise exports will be released on 22 January 2002.

Brian Pink
Government Statistician


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>

ALSO:

Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>

ALSO:

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news