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Overseas Merchandise Trade: April 2011
Embargoed until 10:45am  –  30 May 2011
Highlights

For the month of April 2011, compared with April 2010:

  • Merchandise exports rose $691 million (17 percent) to $4.7 billion.
  • The milk powder, butter, and cheese commodity group was the major contributor to the increase in the value of exports, led by unsweetened whole milk powder.
  • Merchandise imports were up $238 million (7.2 percent) to $3.5 billion.
  • Petroleum and products led the increase in the value of imports, up $134 million (27 percent).
  • There was a trade surplus of $1.1 billion or 24 percent of the value of exports. This was the largest surplus as a percentage of exports since May 1993. 
  • The trend for exports has increased 30 percent, while the trend for imports has increased 21 percent since their last low points in September 2009.

 
 Graph, merchandise trend values, monthly.

Geoff Bascand 30 May 2011
Government Statistician ISSN 1178-0320
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