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Exports and imports hit new highs in 2017

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Jan 30, 2018  -  Both exports and imports reached new highs in 2017, as New Zealand earned more from agricultural products and bought more cars and computers, Stats NZ said today.

“The previous high for the value of goods exports in a calendar year was 2014,” international statistics manager Tehseen Islam said. “The previous high for imports was 2015.”

Annual exports were valued at $53.7 billion for the year ended December 2017, up $5.2 billion (11 percent) from 2016. Dairy products led the rise, up $2.8 billion to $14.0 billion. Meat rose $706 million to $6.6 billion. Logs, wood, and wood articles rose $546 million to $4.7 billion.

Imports for the December 2017 year were up $4.9 billion, to $56.5 billion. Mechanical machinery and equipment (such as aircraft parts and computers) rose $1.3 billion to $8.2 billion. Vehicles, parts, and accessories (mainly cars, trucks, and vans) rose $1.2 billion to $8.9 billion.

|  Continue here to read the full article on NZSTATSNZ  ||  January 30, 2018   |||

Published in BUSINESS
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Palace of the Alhambra Spain

Palace of the Alhambra, Spain

By: Charles Nathaniel Worsley (1862-1923)

From the collection of Sir Heaton Rhodes

Oil on canvas - 118cm x 162cm

Valued $12,000 - $18,000

Offers invited over $9,000

Contact:  Henry Newrick – (+64 ) 27 471 2242

Henry@HeritageArtNZ.com

 

Mount Egmont with Lake

Mount Egmont with Lake 

By: John Philemon Backhouse (1845-1908)

Oil on Sea Shell - 13cm x 14cm

Valued $2,000-$3,000

Offers invited over $1,500

Contact:  Henry Newrick – (+64 ) 27 471 2242

Henry@HeritageArtNZ.com

MSC NewsWire is a gathering place for information on the productive sector in New Zealand focusing on Manufacturing, Productive Engineering and Process Manufacturing

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