Off the wire
• Influx of Chinese visitors helps Australia's tourism industry post record growth  • S. Korea posts current account surplus for 44 months  • China treasury bond futures open higher Wednesday  • China Hushen 300 index futures open mixed Wednesday  • Chinese shares open lower Wednesday  • Market exchange rates in China -- Dec. 2  • English League Cup results  • Chinese yuan strengthens to 6.3958 against USD Wednesday  • U.S. Embassy in Mali allows non-emergency personnel to leave  • Firearm traffickers to face tougher penalties after new bill introduced to Australian parliament  
You are here: 　 Home

Services exports keep New Zealand in trade surplus

Xinhua, December 2, 2015 Adjust font size:

Exports of services gave New Zealand a total trade surplus in the year to the end of September, with Australia and China being the biggest export markets, the government statistics agency said Wednesday.

New Zealand had a surplus of 2.8 billion NZ dollars (1.86 billion U.S. dollars) on the back of total exports of 69 billion NZ dollars (45.97 billion U.S. dollars), according to Statistics New Zealand.

This was due to a services trade surplus of 3.3 billion NZ dollars (2.2 billion U.S. dollars), while goods trade was in deficit of 500 million NZ dollars (333.1 million U.S. dollars), said a statement from the agency.

The top export destination was Australia, with 12.9 billion NZ dollars (8.59 billion U.S. dollars) of exports, followed by China with 10.7 billion NZ dollars (7.13 billion U.S. dollars).

The main sources of imports were the European Union at 11.8 billion NZ dollars (7.86 billion U.S. dollars) and Australia at 11.3 billion NZ dollars (7.53 billion U.S. dollars).

Dairy remained the main export commodity, accounting for almost a sixth of total export values.

Imports of electrical machinery and equipment, including mobile phones, from China were up 363 million NZ dollars (241.68 million U.S. dollars) to 1.8 billion NZ dollars (1.2 billion U.S. dollars). Endit