Dairy products led a rise in total exports in October, but meat and offal exports were down from the same month last year, Statistics New Zealand said today.
In October 2016, total goods exports rose $85 million (2.2 percent). Dairy exports rose $122 million (13 percent) to $1.1 billion. Butter rose $61 million (29 percent) and milk powder rose $57 million (12 percent).
“We exported more butter for a higher price this month than October last year,” international statistics manager Jason Attewell said. “We also exported more milk powder, but prices were similar.”
In October, meat and edible offal exports, our second-largest export commodity group, fell $71 million (18 percent) from October 2015. Beef and lamb exports to the key market of China were down.
Other significant commodity group changes were forestry products, up $74 million (25 percent), and fruit, up $42 million (40 percent), led by kiwifruit (up $33 million).
The post Dairy products led a rise in total exports from New Zeeland appeared first on forex-analytics.press.