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Overseas Merchandise Trade: January 2011
Embargoed until 10:45am  –  28 February 2011
Highlights

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

  • Merchandise exports were up $136 million (4.3 percent) to $3.3 billion.
  • The milk powder, butter, and cheese commodity group was the major contributor to the increase in export commodities, led by unsweetened whole milk powder.
  • Merchandise imports were up $396 million (14 percent) to $3.3 billion.
  • The mechanical and electrical machinery and equipment commodity groups led the increase in imports.
  • The trade balance was a surplus of $11 million or 0.3 percent of the value of exports.
  • The trend for exports has surpassed its previous peak in November 2008 whereas the trend for imports is still 12 percent below its peak in September 2008. 
     
     Graph, Merchandise trend values, monthly.

 

Geoff Bascand 28 February 2011
Government Statistician ISSN 1178-0320

 

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