Imports surge leads to record monthly trade deficit


Imports rose $ 1.8 billion in August 2021 from August 2020, resulting in a record monthly trade deficit of $ 2.1 billion, Stats NZ reported today.

Exports were little changed, down $ 42 million.

“This is a larger-than-normal deficit due to higher values ​​of imports, especially vehicles, continuing the trend seen in recent months. August is also the month where we generally see higher values. low for dairy exports, ”said director of international trade Alasdair Allen. .

Visit our website to read this news and this information release or to download CSV files:

© Scoop Media

Yesterday Canada held an election in which everyone lost, including voters. After staging its most expensive (C $ 600 million) election campaign of all time, the result was Groundhog Day, with the top five parties securing almost exactly the same number of seats as last time, in 2019. Same overall result as well: Liberal leader and Prime Minister Justin Trudeau will once again lead a minority government … More >>

9 new cases have been discovered in Auckland, currently at level 3.886 Auckland cases have recovered with all Wellington cases … More >>



About Author

Comments are closed.