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

 

Trade Balance Declines

Overseas Merchandise Trade (Exports): April 2002

Trade Balance Declines


The updated value of merchandise exports for April 2002 is $2,774 million, according to latest figures released by Statistics New Zealand. The exports trend is growing at a slower rate than the imports trend. The monthly trend in the merchandise trade balance shows a decline since August 2001, and now indicates a deficit.

The value of imports for April 2002 is $2,771 million. The updated value of the merchandise trade balance for the April 2002 month is a surplus of $4 million. This replaces the early estimate of $19 million published on 27 May 2002. Surpluses have been recorded in nine of the 10 previous April months. The small surplus for the April 2002 month follows a March surplus which, as a percentage of exports, was the highest for a March month since 1994.

The updated value of merchandise exports for the year ended April 2002 is $32,643 million, which is an increase of 5.4 percent from the previous April year. The updated merchandise trade balance for the year ended April 2002 is a surplus of $483 million. This surplus compares with a deficit for the previous April year of $561 million.

Brian Pink Government Statistician END


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


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>>

ALSO:


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>>

ALSO:

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>>