• New Zealand trade balance surplus rose more than expected m/m

Notícias do Mercado

26 março 2018

New Zealand trade balance surplus rose more than expected m/m

February 2018 monthly values are actual and compared with February 2017.

  • Goods exports rose $446 million (11 percent) to $4.5 billion.

  • Goods imports rose $187 million (4.6 percent) to $4.2 billion, a new high for total imports in a February month. The previous high was $4.1 billion, in February 2017.

  • The monthly trade balance was a surplus of $217 million (4.9 percent of exports).

  • Meat and edible offal led the export rise, up $85 million (13 percent) to $768 million.

  • Sheep meat (lamb and mutton) rose $77 million (21 percent) in value and 3.2 percent in quantity.

  • Beef was little changed, down 0.3 percent in value and 5.0 percent in quantity.

  • Meat and edible offal exported in the year ended February 2018 rose 14 percent in value and 1.6 percent in quantity from the February 2017 year.

  • Logs, wood, and wood articles rose $62 million (19 percent) to $382 million.

  • Untreated logs rose $45 million (22 percent) to $255 million.

  • Logs, wood, and wood articles exported in the year ended February 2018 rose 16 percent in value and 12 percent in quantity from the February 2017 year.

  • Milk powder, butter, and cheese rose $55 million (5.3 percent) to $1.1 billion.

  • Butter rose $38 million (28 percent) in value. Quantity fell 1.9 percent.

  • Milk powder was little changed, up 0.3 percent in value to $559 million. Quantity rose 10 percent. The unit value of milk powder exports fell 9.0 percent from February 2017.

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