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


February Trade Surplus Confirmed

11 April 2002

February Trade Surplus Confirmed The updated value of the merchandise trade balance for the February 2002 month is a surplus of $271 million, according to latest figures released by Statistics New Zealand. This replaces the early estimate of $269 million published on 27 March 2002. This surplus of $271 million is equivalent to 10.3 percent of the value of merchandise exports for the month. Surpluses of more than 10.3 percent of exports have been recorded in four of the 10 previous February months.

The monthly trend in the merchandise trade balance shows a decline since August 2001.

The updated value of merchandise exports for February 2002 is $2,622 million. This value is $2 million (less than 0.1 percent) higher than the early estimate. The value of imports for February 2002 is $2,351 million.

The updated value of merchandise exports for the year ended February 2002 is $32,623 million, which is an increase of 8.3 percent from the previous February year. The updated merchandise trade balance for the year ended February 2002 is a surplus of $479 million. This surplus compares with a deficit for the previous February year of $1,019 million.

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>>


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>>


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>>


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>>


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>>


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>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news