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Overseas merchandise trade: February 2019
February 2019 monthly values are actual and compared with February 2018. • Goods exports rose $371 million (8.3 percent) to $4.8 billion. • Goods imports rose $547 million (13 percent) to $4.8 billion. • The monthly trade balance was a surplus of $12 million. Milk powder, butter, and cheese leads export rise Milk powder, butter, and cheese led the export rise, up $263 million (24 percent) to $1.3 billion. Milk powder was up $155 million in value (28 percent) to reach $709 million; quantity was up 23 percent. Other notable rises in the milk powder, butter, and cheese commodity group include: • unsalted butter ... (full story)