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Overseas Merchandise Trade: March 2014
Embargoed until 10:45am  –  29 April 2014
Key facts
March 2014 quarter:

Values are seasonally adjusted and compared with the December 2013 quarter unless otherwise stated.
  • Exports rose 2.1 percent to $13.6 billion.
  • Meat and edible offal led the increase in exports, up 8.7 percent ($122 million).
  • The trend for exports has been increasing.
  • Imports rose 1.5 percent to $12.5 billion.
  • The trend for imports remains at a high level.
  • There was a trade surplus of $1.1 billion (8.0 percent of exports) – the highest surplus for the series.
  March 2014 month:

Values are actual and compared with the March 2013 month unless otherwise stated.
  • Exports rose 15 percent – exceeding $5.0 billion for the first time.
  • Dairy led the rise in exports, up $474 million (45 percent).
  • Imports rose $483 million (13 percent) to $4.2 billion.
  • There was a trade surplus of $920 million (18 percent of exports) – the highest for a March month.

    

 

Graph, Merchandise trend values, quarterly, March 2008 to March 2014.  

Liz MacPherson 29 April 2014
Government Statistician ISSN 1178-0320
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