Daily goods trade data between 1 February and 18 March
gives an updated glance at New Zealand’s trade with the
world since the COVID-19 outbreak, Stats NZ said
today.
For the week ended 18 March 2020 with the
equivalent week in 2019:
- Total imports
from all countries were down 11 percent ($116 million), from
$1.1 billion to $1.0 billion. - Total exports to all
countries were up 3.7 percent ($47 million), from $1.28
billion to $1.32 billion. - Imports from China were
down 15 percent ($28 million), from $191 million to $163
million. - Exports to China were down 14 percent ($50
million), from $346 million to $296 million.
The
high-level graphs released today show total export and
import values, and export and import values to and from
China.
In addition to the series published last week,
the CSV file now includes:
- air and sea freight
values for imports and exports - total exports of
dairy, meat, forestry. and seafood - meat exports
values and weights to the United States - export
values to the European Union (28 countries).
The
data is provisional and should be regarded as an early,
indicative estimate of intentions to trade only, subject to
revision.
The data compares trade from 1 February and
18 March 2020 against previous years. This allows for an
estimate to be made of what may have happened to trade, if
they had followed typical patterns.
Stats NZ urges
caution in making decisions based on this provisional
data.
See
Provisional indications – effects of coronavirus outbreak
on New Zealand trade with
China.
