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Overseas Merchandise Trade: November 2010
Embargoed until 10:45am  –  10 January 2011
Highlights

For the month of November 2010, compared with November 2009:

  • Merchandise exports were up $589 million (19 percent) to $3.7 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 $495 million (15 percent) to $3.8 billion.
  • Mechanical machinery and equipment, and vehicles, parts, and accessories led the increase in imports.
  • The trade balance was a deficit of $186 million or 5.1 percent of the value of exports.
  • The trend for exports remains at similar levels to the previous peak in late 2008 while imports are 17 percent below their peak, also in late 2008.

 Graph, merchandise trend values, monthly.

 

Dallas Welch (Mrs) 10 January 2011
Acting Government Statistician ISSN 1178-0320

 

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