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


© Scoop Media

Business Headlines | Sci-Tech Headlines


Postnatal Depression: 'The Thief That Steals Motherhood' - Alison McCulloch

Post-natal depression is a sly and cruel illness, described by one expert as ‘the thief that steals motherhood’, it creeps up on its victims, hiding behind the stress and exhaustion of being a new parent, catching many women unaware and unprepared. More>>


DIY: Kiwi Ingenuity And Masking Tape Saves Chick

Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>


Trade: Key To Lead Mission To India; ASEAN FTA Review Announced

Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>



MYOB: Digital Signatures Go Live

From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

Oil Searches: Norway's Statoil Quits Reinga Basin

Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland's Reinga Basin, saying the probably of a find was 'too low'. More>>


Modern Living: Auckland Development Blowouts Reminiscent Of Run Up To GFC

The collapse of property developments in Auckland is "almost groundhog day" to the run-up of the global financial crisis in 2007/2008 as banks refuse to fund projects due to blowouts in construction and labour costs, says John Kensington, the author of KPMG's Financial Institutions Performance Survey. More>>


Health: New Zealand's First ‘No Sugary Drinks’ Logo Unveiled

New Zealand’s first “no sugary drinks logo” has been unveiled at an event in Wellington... It will empower communities around New Zealand to lift their health and wellbeing and send a clear message about the damage caused by too much sugar in our diets. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news