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Overseas Merchandise Trade: May 2009
Embargoed until 10:45am  –  29 June 2009
Highlights

For the month of May 2009 compared with May 2008 unless otherwise stated:

  • Merchandise imports were down $809 million (20.7 percent), to $3.1 billion, the largest drop in percentage terms since February 1993.
  • Merchandise exports were valued at $4.0 billion, up $218 million (5.8 percent).
  • As a percentage of exports, the trade balance recorded a surplus of 21.7 percent, the largest since June 1993.
  • Petroleum and products, and passenger motor cars accounted for more than 60 percent of the fall in total imports.
  • 80 percent of the increase in exports were to China.
Graph, Merchandise trends values, monthly.
 
Geoff Bascand 29 June 2009
Government Statistician ISSN 1178-0320
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