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Imports Fall In Lead-up To Christmas
Imports fell over $1 billion in November 2020, with large falls for cars, fuels, and other commodities, partly offset by a lift in cell phone imports, Stats NZ said today.
The total value of monthly goods imports in November 2020 fell $1.1 billion (17 percent) to $5.0 billion from near-record monthly imports in November 2019.
“The fall in imports coincides with disruptions to global supply chains and delays at New Zealand ports,” international trade manager Alasdair Allen said.
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