Monday, February 29, 2016

International trade is growing, with more goods being imported and exported compared to this time last year.

Statistics New Zealand has revealed the latest figures, showing a $261m jump in the value of imported goods.

The total value of exports also increased by more than $200m.

Both markets were worth just under $4b in January alone.

Crude oil was one product bucking the trend, slipping about 8%.

Meanwhile cherries have led export growth to China, setting new records for value and quantity.

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