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New Zealand's dairy exports continue to fall from late 2013 highs
Total goods exports fell 9.5 percent to $4.0 billion in November 2014 compared with November 2013, Statistics New Zealand said today. Imported goods fell 1.3 percent to $4.2 billion. Dairy exports drove the fall, down 27 percent, with the quantity down 3.1 percent. The fall in dairy reflects the record high levels exported, mainly to China, in November 2013. A 20 percent rise in meat exports partially offset the fall, led by a price-driven rise in frozen beef. “The fall in export values reflects a return from the high values late last year, led by China,” international statistics manager Jason Attewell said. ... (full story)
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