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Overseas Merchandise Trade: October 2014
Embargoed until 10:45am  –  27 November 2014
Key facts

For October 2014 compared with October 2013:

  • Exports fell $215 million (5.1 percent) to $4.0 billion.
  • Milk powder, butter, and cheese led the fall.
  • Exports to China fell $433 million (40 percent) to $638 million.
  • Imports were up $525 million (12 percent) to $4.9 billion.
  • All main imports categories rose.
  • There was a trade deficit of $908 million (23 percent of exports).
  • The trend for exports has been falling since January 2014.

 Graph, Merchandise trade values, exports, imports, and trade balance, October months, 2008 to 2014.

Liz MacPherson, Government Statistician
ISSN 1178-0320
27 November 2014

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