Goods exports rose 4.0 percent in April 2016, up $166 million to $4.3 billion, Statistics New Zealand said today. Fruit exports led the rise, up $59 million (16 percent), offsetting a similar fall in dairy values.
Gold kiwifruit rose $53 million (53 percent), but was partly offset by a fall in green kiwifruit, down $38 million (35 percent). Apples rose $39 million (29 percent), with apple exports to Taiwan up $16 million (91 percent). Taiwan was New Zealand’s top destination for apples in April 2016, beating out the United States and the United Kingdom.
“Rises in exports of our smaller commodities, such as fruit, are offsetting the falls in the dairy sector,” senior manager Nicola Growden said.
Alternatively, the milk powder, butter, and cheese commodity group fell 6.7 percent to $818 million in April 2016 compared with April 2015. The fall was led by butter, down $33 million, and milk powder, down $13 million (but with quantities exported up 14 percent).
The total value of goods imported in April 2016 was $4.0 billion, up $58 million (1.5 percent). Consumption goods led the rise, up $129 million (14 percent), with increases across a broad range of goods.
In April 2016, there was a goods trade surplus of $292 million (6.8 percent of exports). This is compared with an average surplus of 11 percent of exports for the previous five April months. There was an annual trade deficit of $3.7 billion, following an annual trade deficit of $3.8 billion in March 2016.
Media release: Higher fruit exports offset dairy fall