The seasonally adjusted value of exported goods fell 3.0 percent, to $12 billion, in the September 2014 quarter, Statistics New Zealand said today. Imports rose 3.7 percent, to $13 billion. The fall in exports in the latest quarter follows a 7.5 percent fall in the June 2014 quarter. Falls for both quarters were led by milk powder, butter, and cheese; and logs, wood, and wood articles. "This is the first quarter since September 2013 where exports to Australia were greater than to China,” international statistics manager Jason Attewell said. "China's rise to being our number one export market coincided with record ... (full story)