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Overseas Merchandise Trade: April 2017
Embargoed until 10:45am  –  24 May 2017
Key facts

For April 2017 compared with April 2016:

Goods exports rose $423 million (9.8 percent) to $4.8 billion, a new high for an April month.

  • Milk powder, butter, and cheese rose $289 million (35 percent).
  • Logs, wood, and wood articles rose $61 million (18 percent).
  • Goods exports to China rose $182 million (22 percent).

Goods imports rose $195 million (4.9 percent) to $4.2 billion, also a new high for an April month.

  • Intermediate goods rose $127 million (8.1 percent).
  • Capital goods rose $45 million (5.3 percent).
  • Consumption goods fell $27 million (2.5 percent).
  • Goods imports from China rose $60 million (7.9 percent).

The monthly trade balance was a surplus of $578 million (12 percent of exports). The annual trade deficit reduced to $3.5 billion from $3.7 billion last month.

The trade weighted index rose 4.4 percent from April 2016.

Graph, merchandise trade values, exports, imports, and trade balance, April months, 2008 to 2017.

Liz MacPherson, Government Statistician
ISSN 1178-0320
24 May 2017

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