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Overseas Merchandise Trade: December 2015
Embargoed until 10:45am  –  28 January 2016
Key facts

December 2015 year:
Values are actual and compared with the December 2014 year.

  • Exports fell 2.2 percent (to $49 billion), led by milk powder.
  • China was our top export destination.
  • Imports rose 2.5 percent (to $52.5 billion).
  • The annual trade deficit was $3.5 billion (7.2 percent of exports).

December 2015 quarter:
Values are seasonally adjusted and compared with the September 2015 quarter.

  • Exports fell 5.9 percent (to $12 billion).
  • Milk powder, butter, and cheese led the fall, down 6.6 percent ($203 million).
  • Imports fell 2.8 percent (to $13.4 billion)
  • The quarterly trade deficit was $1.3 billion (11 percent of exports).

December 2015 month:
Values are actual and compared with the December 2014 month.

  • Exports rose 0.6 percent (to $4.4 billion), led by logs, wood and wood articles.
  • Imports fell 2.6 percent (to $4.5 billion)
  • The monthly trade deficit was $53 million (1.2 percent of exports).

Liz MacPherson, Government Statistician
ISSN 1178-0320
28 January 2016

 

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