For November 2016 compared with November 2015:
Goods exports fell $219 million to $3.9 billion.
- Meat and edible offal led the fall, down $158 million (31 percent).
- Milk powder, butter, and cheese rose $31 million (2.6 percent).
- Logs, wood, and wood articles rose $34 million (12 percent), led by untreated logs.
- Fruit rose $16 million (27 percent) and the quantity rose 31 percent.
- Exports to the EU fell $116 million (32 percent), and to the USA by $111 million (23 percent).
- Other top export destinations (China, Australia, and Japan) showed little change.
Goods imports fell $310 million to $4.6 billion.
- Capital goods led the fall in imports, down $326 million (26 percent).
- Intermediate goods fell $53 million (2.9 percent).
- Consumption goods fell $34 million (2.6 percent).
- Crude oil was up $52 million (29 percent) in value.
- Of our top import partners, the USA fell $351 million (46 percent), led by aircraft and parts.
- Other top import destinations (China, Australia, and Japan) rose in value.
The monthly trade balance was a deficit of $705 million (18 percent of exports).
The trade weighted index rose 9.2 percent from November 2015.
Liz MacPherson, Government Statistician
21 December 2016