New Zealand Reports Trade Surplus in December

In December 2011, New Zealand reported a trade surplus equivalent to $338 million (7.8 percent of exports). This compares with an average deficit of 5.2 percent of exports over the previous five December months.
TradingEconomics.com, Statistics New Zealand 2/2/2012 2:29:02 PM

In December of 2011, merchandise exports were valued at $4.3 billion, up $491 million (13 percent) from December 2010.

Rise in exports for December 2011 led by milk powder, butter, and cheese Milk powder, butter, and cheese exports reached a record high in December 2011, up $329 million (32 percent) to $1.4 billion. This increase was led by exports of unsweetened whole milk powder, which also reached a new high, up $171 million (37 percent) with quantities up 30 percent.

In December 2011, imported goods were valued at $4.0 billion, down $65 million (1.6 percent) from December 2010.


New Zealand Reports Trade Surplus in December