Tag Archives: Exports

Port of Tauranga, the country’s biggest coastal export hub, sees annual earnings growth of up to 6.1 percent and expects to finish plans to enable big ships to dock at its wharves over the coming year. The port operator forecasts annual profit of between $78 million and $83 million in the year ending June 30, 2015, compared to earnings of $78.2 …

New Zealand’s current account deficit narrowed as expected in the first quarter as volumes and prices of dairy exports rose and visitors spent more, lifting the balance on goods and services. The current account deficit fell to $663 million in the three months ended March 31, from a revised $3.2 billion in the fourth quarter of 2012, according to Statistics …

New Zealand’s terms of trade rose for the first time in seven quarters, led by higher export prices for dairy products while a strong kiwi dollar helped constrain import prices. The terms of trade, a measure how much imports can be funded with a fixed amount of exports, rose 4.1 percent in the first quarter from three months earlier, according …

New Zealand’s trade surplus in April was smaller than expected as a rise in petroleum imports more than offset increasing meat exports after farmer culled their livestock during this year’s drought. New Zealand’s export receipts outpaced imports by $157 million in April for an annual deficit of $694 million, according to Statistics New Zealand. That’s smaller than the monthly surplus …

New Zealand’s manufacturing sector returned to a minor level of expansion in October, although the sector remains in a flat state, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for October was 50.5 (a PMI reading above 50.0 indicates that manufacturing is generally expanding; below 50.0 that it is declining).  This was 2.0 …

Up to $1.3 trillion additional revenue available to New Zealand over next four decades – New Zealand has the potential to capture $1.3 trillion more in agricultural exports between now and 2050 if targeted actions are taken, according to a new report released by ANZ today. ‘Greener pastures: The Global Soft Commodity Opportunity for Australia and New Zealand’ quantifies the size …