-
March exports hit a record $5.7 billion
Exports hit a new high in March, driven by higher exports of dairy, meat, and forestry products, especially to China, Stats NZ said today. In March 2019, the value of total goods exports rose $899 million (19 percent) from March 2018 to reach $5.7 billion. This was a new record for any month – the previous high for monthly exports was in December 2017. In contrast, the value of total goods imports in March 2019 fell $174 million (3.5 percent) to $4.8 billion in March 2019. The monthly trade balance was a surplus of $922 million, the highest since the April 2011 record goods trade surplus for all months ($1.2 ... (full story)