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Overseas Merchandise Trade: September 2016
Embargoed until 10:45am  –  27 October 2016
Key facts

September 2016 quarterly values are seasonally adjusted and compared with the June 2016 quarter.

  • Goods exports fell 4.8 percent to $12.0 billion.
  • Meat and edible offal led the fall in exports, down 15 percent ($235 million).
  • Goods imports rose 2.2 percent to $13.1 billion.
  • Capital goods led the rise in imports, up 9.5 percent ($267 million).
  • Intermediate goods were unchanged, up 0.4 percent.
  • Consumption goods fell 3.0 percent ($106 million).
  • Quarterly trade deficit was $1.1 billion (9.5 percent of exports).
  • Tenth consecutive quarterly trade deficit since March 2014.

September 2016 monthly values are actual and compared with the September 2015 month. 

  • Goods exports fell $210 million (5.7 percent) to $3.5 billion.
  • Meat and edible offal led the fall in exports, down $152 million (35 percent).
  • Beef fell $74 million (35 percent).
  • Lamb fell $70 million (39 percent).
  • Milk powder, butter, and cheese fell $7.6 million (1.2 percent).
  • Fruit rose $69 million (44 percent).
  • Logs, wood, and wood articles rose $51 million (17 percent).
  • Goods imports rose $86 million (1.8 percent).
  • Capital goods led the rise in imports, up $72 million (6.6 percent).
  • Monthly trade deficit was $1.4 billion (41 percent of exports)

Graph, Merchandise trade values, September months, 2007 to 2016.

Liz MacPherson, Government Statistician
ISSN 1178-0320
27 October 2016

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