The seasonally adjusted value of exported goods fell 0.6 percent ($70 million) to $12.2 billion in the March 2015 quarter. This followed a 0.9 percent increase in the December 2014 quarter, influenced by a drilling platform export. The trend, which reflects the long-term behaviour of export values, has been decreasing in recent quarters and has fallen 7.4 percent from its record high in March 2014. Milk powder, butter, and cheese lead the fall in seasonally adjusted exports Milk powder, butter, and cheese (our largest export commodity group) fell 9.7 percent ($305 million). This fall was price driven as the quantity ... (full story)