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

 


25 November 2005 Aircraft Lift Imports

Overseas Merchandise Trade: October 2005

25 November 2005 Aircraft Lift Imports

Imports of merchandise goods for October 2005 increased $316 million (10.4 percent) compared with October 2004 and are provisionally valued at $3,341 million, Statistics New Zealand said today. Driving the increase were higher values for aircraft and parts, valued at $330 million. This value is due primarily to the import of two aircraft.

Exports of merchandise goods for October 2005 are provisionally valued at $2,459 million, which is $30 million (1.2 percent) lower than for October 2004. The main contributors to the reduced exports value were wood and wood articles; aircraft; and ships and boats. Partly offsetting these was a higher value for meat.

The trade balance for the October 2005 month is a deficit of $882 million, or 35.9 percent of exports. The size of the deficit has decreased for two consecutive months. The average trade balance for an October month for the past 10 years is a deficit of $462 million (20.2 percent of exports).

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news