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


First Monthly Trade Surplus Since May 2004

27 April 2006

First Monthly Trade Surplus Since May 2004

The monthly trade balance for March 2006 is a surplus of $59 million (1.9 percent of exports), the first surplus since May 2004, Statistics New Zealand said today. The average trade balance for a March month over the previous 10 years has been a surplus of $99 million (3.5 percent of exports); of those 10 March months, only two recorded deficits.

Exports of merchandise goods for the month of March 2006 are 13.8 percent higher than for March 2005.

The main contributor to this increase is exports of milk powder, butter and cheese. Imports for March 2006 are 4.6 percent higher than in March 2005, with the main contributor to the increase being crude oil and petroleum products.

Imports of merchandise goods for the month of March 2006 are 4.6 percent higher than for March 2005.

Increased import values have been partly offset by a decrease in the value of imported new motor cars. The biggest contributor to the decreases in this category has been motor cars exceeding 3000cc.

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