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Overseas Merchandise Trade: September 2013
Embargoed until 10:45am  –  24 October 2013
Key facts

September 2013 quarter:

Values are seasonally adjusted and compared with the June 2013 quarter unless otherwise stated.

  • Exports rose 9.4 percent to $12.1 billion. 
  • The increase was led by a rise of 20 percent ($551 million) in the value of milk powder, butter, and cheese.
  • The trend for exports is 1.4 percent lower than its record high in the September 2011 quarter.
  • Imports rose 8.4 percent to $12.7 billion.
  • The trend for imports is 7.9 percent higher than its most recent low in the March 2013 quarter.
  • There was a trade deficit of $637 million (5.3 percent of exports).
 

September 2013 month:

Values are actual and compared with the September 2012 month.

  • Exports were up $543 million (17 percent) to $3.8 billion.
  • Milk powder, butter, and cheese recorded the largest increase, up $310 million (52 percent).
  • Imports fell $48 million (1.2 percent) to $4.0 billion.
  • There was a trade deficit of $199 million (5.2 percent of exports).

Graph, Merchandise trend values, quarterly, September 2007 to September 2013.

Liz MacPherson 24 October 2013
Government Statistician ISSN 1178-0320
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