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

 


Dairy export volumes show large increase

Dairy export volumes show large increase – Media release

In the September 2012 quarter, seasonally adjusted dairy export volumes rose 32 percent, Statistics New Zealand said today. Milk powder was the largest contributor to this rise.

Dairy products made the largest contribution to a 9.7 percent rise in seasonally adjusted export volumes. Meat export volumes rose 15 percent. Import volumes rose 0.7 percent, led by intermediate and capital goods.

"Dairy export volumes are at record levels, after adjusting for seasonal effects," prices manager Chris Pike said. "Dairy values remain at high levels, even though export prices have fallen for five consecutive quarters."

Export prices fell 6.3 percent, led by dairy prices (down 13 percent), while import prices fell 3.3 percent, led by a fall in petroleum and petroleum product prices (down 13 percent).

In the September 2012 quarter, the terms of trade fell 3.2 percent. A fall in the terms of trade means that fewer imports can be funded by the same quantity of exported goods. The terms of trade are 9.1 percent lower than a year ago.

The price and volume indexes for exports and imports of goods are compiled mainly from overseas merchandise trade data.

--

Authorised by:
Geoff Bascand
Government Statistician

Published 3 December 2012

For more information about these statistics:
• Visit Overseas Trade Indexes (Volumes): September 2012 quarter (provisional)

• Open the attached files

Information release (PDF) Tables (Excel) Copy of this media release (PDF)

(See attached file: OverseasTradeIndexesVolumesSep12qtr.pdf)(See attached file: otiv-tables-sep12qtr.xls)(See attached file: OverseasTradeIndexesPricesSep12qtrMR.pdf)

Overseas Trade Indexes Prices Sep12qtrMR.pdf

otivtablessep12qtr.xls

OverseasTradeIndexesVolumesSep12qtr.pdf

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

OceanaGold: Man Killed In Waihi Mine Accident

A 29-year-old man had died following a work place accident at OceanaGold mine, Waihi last night. The man was killed after the front end loader he was in rolled down a slope. The accident happened at approximately 6.30pm on Thursday night. More>>

ALSO:

Constructing Consent: Annual Housing Consents Highest In Over A Decade

More than 29,000 new homes gained building consent in the year to June 2016, up 16 percent from the previous June year, Statistics New Zealand said today. More>>

ALSO:

War Against Weevil For Future Peas: “No Peas, No Weevil” Ban Now In Place In Wairarapa

The Ministry for Primary Industries (MPI) has today placed a ban on growing peas within a specified area and placed controls on moving pea material (seed and untreated pea straw) within, in and out of this area for the next 2 years. More>>

ALSO:

Wood Producers: Crisis In New Zealand Log Supply

New Zealand wood processing leaders held a hui with senior government officials and political leaders in Whangarei yesterday to assess the acute log supply shortage to local mills in Northland. More>>

Consents And Taxes: Trustpower 'Very Disappointed' With Judgement

Trustpower is "very disappointed" with a Supreme Court ruling dismissing its bid to claim tax deductions on $17.7 million of project costs in a case closely watched by large-scale infrastructure developers. More>>

ALSO:

Fruitful Endeavours: Kiwifruit Exports Reach Record Levels

In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion). More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news