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


Kiwifruit gives wholesale trade a golden glow

7 December 2018

Fruit exports drove wholesale trade up for the second quarter in a row, Stats NZ said today.

The seasonally adjusted total sales value for wholesale trade rose 2.5 percent in the September 2018 quarter, following a 2.6 percent rise in the June 2018 quarter.

Five of the six wholesaling industries had sales rises in the September 2018 quarter. The largest industry increase was in grocery, liquor, and tobacco wholesaling, which was up 4.1 percent ($340 million).

“This industry’s increase was led by higher sales for kiwifruit exports,” wholesale trade manager Sue Chapman said.

Overseas merchandise trade: September 2018 has more about kiwifruit exports.

The basic material industry had the second-largest rise of all industries, up 3.4 percent ($203 million).

Basic material wholesaling includes some agricultural products (such as hides and stock feed), hardware goods, metals, minerals, petroleum, and timber wholesaling.

The motor vehicle and motor-vehicle parts industry had a modest 0.2 percent sales fall in the latest quarter, following a strong 3.6 percent rise in the June 2018 quarter.

“Toyota New Zealand changed their operating model in April. As a result there’s some shift in activity and stocks from retail trade into the wholesale trade sector,” Ms Chapman said.

The actual value of total wholesale trade sales was $27.7 billion in the September 2018 quarter, up $2.2 billion (8.6 percent) from the September 2017 quarter.

For more information about these statistics:
• Visit Wholesale trade survey: September 2018 quarter
• See CSV files for download


© Scoop Media

Business Headlines | Sci-Tech Headlines


EU Wine Exports: Yealands Fined For "Unprecedented Offending"

Yealands Estate Wines has pleaded guilty to “unprecedented offending” under the Wine Act 2003 and has copped a $400,000 fine. More>>


Discussion Paper: Govt To Act On Unfair Commercial Practices

“I’ve heard about traders who have used aggressive tactics to sell products to vulnerable consumers, and businesses that were powerless to stop suppliers varying the terms of their contract, including price.” More>>


'Considering Options' On Tip Top Ownership: Fonterra Drops Forecast Milk Price

Fonterra Co-operative Group Limited today revised its 2018/19 forecast Farmgate Milk Price range from $6.25-$6.50 per kgMS to $6.00-$6.30 per kgMS and shared an update on its first quarter business performance. More>>


Science: Legendary Telescope Being Brought Back To Life

One of the world’s most famous Victorian telescopes will be restored and available for public viewing in Takapō after spending five decades in storage... The Brashear Telescope was used in the late 1800s by Percival Lowell for his studies of Mars. More>>