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Overseas Merchandise Trade: May 2010
Embargoed until 10:45am  –  25 June 2010
Highlights

For the month of May 2010, compared with May 2009, unless otherwise stated:

  • Merchandise exports were up $238 million (6.0 percent) to $4.2 billion.
  • This is a new monthly high for exports, and only the third time that exports have exceeded $4 billion.
  • Milk powder, butter, and cheese led the increase in export commodities, followed by crude oil, and logs, wood, and wood articles.
  • Merchandise imports were up $330 million (10.8 percent) to $3.4 billion.
  • Increases in petroleum and products, and vehicles, parts, and accessories were partly offset by decreases in electrical machinery and equipment.
  • The trade balance was a surplus of $814 million or 19.4 percent of the value of exports. 
     
     Graph, monthly merchandise trend values.
Geoff Bascand 25 June 2010
Government Statistician ISSN 1178-0320

 

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