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

 


April goods exports up from 2013

April goods exports up from 2013

26 May 2014

Goods exports rose to $4.5 billion in April 2014, Statistics New Zealand said today. This is an increase of $553 million since April 2013.

Milk powder, butter, and cheese led the increase in exports, with the value up over one-third, to $1.2 billion, compared with April 2013. Quantities showed little change, up 1.6 percent. Milk powder, anhydrous milk fat, and butter showed the largest rises.

“Large price-driven increases in values this dairy season, compared with last, led to record total export values,” international statistics manager Jason Attewell said. “However, April 2014 is the first month since August 2013 where the export value was not a record for the month.”

Seasonally adjusted exports fell 6.5 percent in April 2014 compared with March 2014. This was led by a decrease in milk powder, butter, and cheese exports, following large increases in late 2013.

The value of imported goods rose $190 million (5.0 percent) to $4.0 billion, compared with April 2013. Capital goods led the rise, up $117 million. Like exports, imports are up when compared with the same period last year. However, after adjusting for seasonality, they have fallen 5.0 percent since March 2014.

The trade balance for April was a surplus of $534 million (12 percent of exports). This compares with an average surplus of 13 percent of exports over the previous five April months.

Overseas merchandise trade statistics remain provisional for the first three months after data is first released. For more information, see Why overseas merchandise trade data can change on the Statistics NZ website.

For more information about these statistics: Visit Overseas Merchandise Trade: April 2014

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Auckland Transport Case: Men Guilty Of Corruption And Bribery Will Spend Time In Jail

Two men who were found guilty of corruption and bribery in a Serious Fraud Office (SFO) trial have been sentenced in the Auckland High Court today... The pair are guilty of corruption and bribery offences relating to more than $1 million of bribes which took place between 2005 and 2013 at Rodney District Council and Auckland Transport. More>>

ALSO:

Hager Raid: Westpac Wrong To Release Bank Records To Police

The Privacy Commissioner has censured Westpac Banking Corp for releasing without a court order more than 10 months of bank records belonging to the political activist and journalist Nicky Hager during a police investigation into leaked information published in Hager's 2014 pre-election book, 'Dirty Politics'. More>>

ALSO:

EARLIER:

Crown Accounts: Government Ekes Out Six-Month Surplus Of $9M

The New Zealand government eked out a tiny surplus in the first six months of the fiscal year as growth in domestic consumption lifted the goods and services tax take, while uncertainties over the Kaikoura earthquake costs meant expenses were less than expected. More>>

ALSO:

Almost 400 Jobs: Shock At Cadbury's Dunedin Factory Closure

Workers at Cadbury in Dunedin are reeling after learning this morning that the iconic Cadbury factory is to close, with the loss of almost 400 jobs... “The company had reported it was doing well and this has come out of the blue,” says Chas. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news