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Overseas Merchandise Trade: February 2012
Embargoed until 10:45am  –  26 March 2012
Key facts

For February 2012 compared with February 2011:

  • Exports were down $267 million (6.9 percent) to $3.6 billion.
  • Crude oil, which tends to be irregular, recorded the largest decrease.
  • Imports were down $244 million (6.6 percent) to $3.4 billion.
  • The one-off importation of capital goods in February 2011 had a large influence on the total value of imports.
  • There was a trade surplus of $161 million (4.5 percent of exports).
  • The trend for export values remained at near record-high levels.
  • The trend for import values is 7.7 percent below its peak in September 2008.

 Graph, merchandise trend values, monthly, December 2005 to February 2012.  

 
 
Geoff Bascand 26 March 2012
Government Statistician ISSN 1178-0320
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