June 2017 quarterly values are seasonally adjusted and compared with the March 2017 quarter. • Goods exports rose 9.9 percent, to $13.5 billion. • Milk powder, butter, and cheese dominated the rise in exports, up 22 percent ($679 million); quantity was up 20 percent. • Goods imports rose 2.9 percent, to $14.0 billion. • Capital goods led the rise in imports, up 9.7 percent ($259 million). • Intermediate goods rose 3.6 percent ($202 million). • Consumption goods rose 1.2 percent ($42 million). • Quarterly trade deficit was $479 million (3.5 percent of exports). • Thirteen consecutive quarterly trade deficits since ... (full story)

New Zealand’s trade surplus widened more than expected last month, official data showed Tuesday. The merchandise trade balance surplus to NZ$242 million in June, from a revised $74 million surplus the month before, Statistics New Zealand said. Analysts in a median estimate called for the surplus to reach $147 million. With the June results, Wellington has registered a trade surplus in four of the last five months. On a quarterly basis, New Zealand’s trade deficit was $479 million in June, or 3.5% of exports. Goods exports climbed 9.9% to $13.5 billion compared to the first quarter. Goods imports were up 2.9% to $14 ... (full story)